SBA 7(a) Loan Success Stories

Project Overview

• Industry: Retail
• Location: Northeast
• Loan Amount: $750,000
• Purpose: Inventory and working capital

Challenge

A growing retail chain needed additional working capital to expand inventory and open new locations but faced challenges with traditional financing due to limited operating history.

Solution

The SBA 7(a) loan provided:

• $500,000 for inventory expansion
• $250,000 for working capital
• 10-year repayment term
• Competitive interest rate

Results

• Opened two new locations
• Increased revenue by 150%
• Created 15 new jobs
• Improved cash flow management

Project Overview

• Industry: Restaurant
• Location: Midwest
• Loan Amount: $350,000
• Purpose: Equipment and renovation

Challenge

An established restaurant needed to modernize its kitchen equipment and renovate its dining area but lacked sufficient collateral for traditional financing.

Solution

• $200,000 for kitchen equipment
• $150,000 for renovation
• 7-year repayment term
• Fixed interest rate

Results

• Reduced energy costs by 30%
• Increased seating capacity by 40%
• Improved customer satisfaction
• Added 8 new positions

Project Overview

• Industry: Professional Services
• Location: West Coast
• Loan Amount: $1.2 million
• Purpose: Business acquisition

Challenge

A successful professional wanted to acquire an existing practice but needed financing with a manageable down payment and longer terms.

Solution

• $1.2 million total financing
• 10% down payment
• 10-year repayment term
• Includes working capital

Results

• Successful business transition
• Retained all existing staff
• Expanded service offerings
• 20% revenue growth in first year