Business · SBA Loans
Calculadora de Préstamo SBA
Estimate your monthly payment, total loan cost, and cash needed for an SBA 7(a) or 504 loan. Compare financing scenarios and understand how the loan amount, interest rate, term, and down payment may affect your business.
⚠️ Educational use only.
No es una oferta de préstamo ni asesoría financiera.
🎯 Which SBA loan are you considering?
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Can your business support this loan?
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📈 Business affordability analysis (DSCR)
⚖️ Compare your SBA options
Save up to 3 scenarios and compare side-by-side.
💡 Insights on your result
🎓 Coach Futuro says
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Cómo funciona esta calculadora Transparent
Esta calculadora estima pago mensual, costo total, efectivo al cierre, y DSCR del negocio.
Supuestos y limitaciones Conservative
Esta no es una oferta de préstamo. Las tasas y decisiones reales varían por prestamista.
Fuentes Cited
This calculator is based on widely recognized SBA lending practices, including information from:
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Explore Wells Fargo Resources →SBA 7(a) vs. SBA 504: Which Loan Is Right for You?
Choosing the right SBA loan depends on how you plan to use the funds. While both programs offer attractive financing, they are designed for different business needs.
Not sure which program fits your needs?
Use this calculator to compare SBA 7(a) and SBA 504 financing scenarios and estimate your monthly payment, cash required at closing, and total borrowing costs before speaking with an SBA lender.
Frequently asked questions
1. What is an SBA loan?
An SBA loan is a small business loan issued by an approved lender and partially guaranteed by the U.S. Small Business Administration (SBA). This government guarantee helps reduce the lender's risk, allowing many businesses to qualify for financing with competitive rates and longer repayment terms.
2. What is the difference between an SBA 7(a) loan and an SBA 504 loan?
An SBA 7(a) loan is designed for a wide range of business purposes, including working capital, business acquisitions, equipment purchases, debt refinancing, and commercial real estate. An SBA 504 loan is primarily intended for purchasing owner-occupied commercial real estate or major fixed assets such as heavy equipment.
3. How does this SBA loan calculator work?
This calculator estimates your monthly payment based on the loan amount, interest rate, repayment term, and applicable SBA fees. It also estimates your total borrowing cost and can help you compare different financing scenarios before speaking with a lender.
4. Are the results from this calculator guaranteed?
No. The results are estimates for educational purposes only. Your actual interest rate, fees, loan terms, and monthly payment will depend on your lender, your business qualifications, market conditions, and current SBA program requirements.
5. What can an SBA 7(a) loan be used for?
SBA 7(a) loans may be used for many business purposes, including: buying an existing business, purchasing commercial real estate, working capital, equipment purchases, inventory, debt refinancing, business expansion, and tenant improvements.
6. What can an SBA 504 loan be used for?
SBA 504 loans are intended for long-term fixed assets, including: owner-occupied commercial real estate, new construction, building improvements, major machinery and equipment, and land purchases associated with business operations. They generally cannot be used for working capital or inventory.
7. How much can I borrow with an SBA loan?
Loan limits vary by program. SBA 7(a) loans can generally provide financing of up to $5 million, while SBA 504 financing depends on the project structure and lender participation. Your approved amount ultimately depends on your business's financial strength and lender underwriting.
8. What interest rate should I use in the calculator?
Use the interest rate quoted by your lender if you already have one. Otherwise, enter an estimated rate to compare different financing scenarios. Actual rates vary based on market conditions, the SBA program, loan size, repayment term, and borrower qualifications.
9. How long are SBA loan repayment terms?
Repayment terms depend on how the funds are used. Typical examples include: up to 10 years for working capital, up to 10 years for equipment, and up to 25 years for commercial real estate. Longer repayment terms generally reduce monthly payments but increase total interest paid.
10. Do SBA loans require a down payment?
Many SBA loans require a borrower contribution, although the amount varies depending on the loan program, lender requirements, and financing purpose. Business acquisitions and commercial real estate purchases often require a down payment or equity injection.
11. What credit score do I need to qualify for an SBA loan?
There is no universal minimum credit score established by the SBA. Individual lenders set their own requirements and also evaluate your business financials, cash flow, debt obligations, management experience, collateral, and repayment ability.
12. Can I use an SBA loan to buy an existing business?
Yes. SBA 7(a) loans are one of the most popular financing options for purchasing an existing business. Eligible costs may include the purchase price, working capital, equipment, inventory, and certain closing expenses, subject to lender approval.
13. How much cash do I need at closing?
The amount depends on the loan program, project type, down payment, lender fees, appraisal costs, legal expenses, and other closing costs. This calculator can help estimate the total cash you may need before closing.
14. Can I pay off an SBA loan early?
In many cases, yes. However, some SBA loans—particularly certain commercial real estate loans—may include a prepayment penalty during the first few years. Review your loan agreement and discuss any potential penalties with your lender.
15. Does this calculator include SBA guaranty fees?
Yes. If you choose to include the SBA guaranty fee, the calculator estimates its impact on your financing. Actual fees vary based on current SBA guidelines, loan size, and loan structure.
16. Can startups qualify for SBA loans?
Yes. Startup businesses may qualify if they meet SBA eligibility requirements and demonstrate a strong business plan, sufficient owner investment, relevant management experience, and the ability to repay the loan. Additional documentation is often required.
17. How do lenders determine whether my business can afford an SBA loan?
Lenders typically evaluate several factors, including: business cash flow, Debt Service Coverage Ratio (DSCR), business and personal credit history, existing debt obligations, available collateral, industry risk, and management experience. Meeting one requirement does not guarantee loan approval.
18. What is the Debt Service Coverage Ratio (DSCR)?
DSCR measures whether a business generates enough cash flow to cover its annual debt payments. In general, a higher DSCR indicates greater repayment capacity, although each lender establishes its own underwriting standards.
19. Can I refinance existing business debt with an SBA loan?
Yes. Many businesses use SBA 7(a) loans to refinance eligible business debt, provided the refinancing improves the borrower's financial position and satisfies SBA and lender requirements.
20. Can I compare multiple loan scenarios with this calculator?
Yes. Comparing different loan amounts, down payments, interest rates, and repayment terms can help you understand how each variable affects your monthly payment, total interest, and estimated cash required at closing before choosing a financing option.
21. What documents do I typically need to apply for an SBA loan?
Aunque los requisitos varían por prestamista, a los aplicantes se les pide comúnmente proveer: declaraciones de impuestos empresariales y personales, estados financieros del negocio, estado de resultados (P&L), balance general, estados de cuenta bancarios empresariales, plan de negocios (para nuevos negocios), estado financiero personal, calendario de deuda empresarial, contrato de compra (para adquisiciones), e información de bienes raíces comerciales (si aplica).
22. Can I use an SBA loan to purchase commercial real estate?
Yes. Both SBA 7(a) and SBA 504 loans can finance owner-occupied commercial real estate. The right program depends on your financing needs, project structure, and whether you also need funds for working capital or other business expenses.
23. Does collateral guarantee SBA loan approval?
No. Collateral is only one part of the underwriting process. Lenders also review your credit history, business cash flow, management experience, repayment ability, and overall financial strength before making a lending decision.
24. Can I finance equipment with an SBA loan?
Yes. SBA financing can be used to purchase new or used equipment, machinery, technology, vehicles used for business purposes, and other eligible business assets, subject to lender approval and SBA program guidelines.
25. Can I estimate payments for a business acquisition?
Yes. If you're purchasing an existing business, this calculator can help estimate your monthly payment, total financing costs, and cash needed at closing. Be sure to consider additional expenses such as working capital, inventory, closing costs, and any required buyer equity contribution.
26. Why is my estimated payment different from a lender's quote?
Your lender's estimate may include additional costs such as lender fees, SBA guaranty fees, packaging fees, escrow charges, insurance, variable interest rates, or different amortization schedules. This calculator is designed to provide an estimate, not a final loan quote.
27. Can I include the SBA guaranty fee in the loan amount?
In many cases, eligible SBA guaranty fees may be financed into the loan rather than paid out of pocket at closing. Whether this is available depends on the loan program, lender policies, and current SBA guidelines.
28. How can I improve my chances of qualifying for an SBA loan?
You may strengthen your application by: maintaining good personal and business credit, demonstrating consistent business cash flow, reducing existing debt when possible, preparing accurate financial statements, developing a strong business plan, contributing an appropriate equity investment, and working with an experienced SBA lender.
29. Does using this calculator affect my credit score?
No. This calculator is an educational tool and does not perform a credit inquiry, request your credit report, or submit a loan application. Using it has no impact on your credit score.
30. What should I do after using this calculator?
Use your estimated payment and financing scenarios to evaluate your budget and borrowing needs. If the numbers align with your goals, gather your financial documents and speak with an SBA-approved lender to discuss eligibility, available programs, and the next steps in the application process.