What is a SBA Loan?

The U.S. Small Business Administration (SBA) runs several business loan programs, including the 7(a), 8(a), 504, microloan, and disaster loan programs. These programs can help entrepreneurs start small businesses and help existing businesses with working capital, expanding, and during emergencies.
The SBA doesn’t lend money directly. Instead, it partners with approved lenders and guarantees 40% to 85% of the loan, depending on the loan program and loan amount. The guarantee allows lenders to offer larger loans and more favorable terms to small businesses, knowing that they’ll at least get a portion of the loan back from the SBA if the business is unable to repay the loan.
While you’ll apply for an SBA loan through a lender, the SBA has set guidelines for the minimum qualifications, loan amounts, terms, and interest rates. The SBA may also make the final lending decision, although it also delegates the processing and servicing to the lender.

Why work with us?

– We partner with 50+ nationwide banks to help get you what you deserve
– We are financial experts, including a CPA, and we assist you with reviewing financials and preparing the application.
– We directly communicate & work with SBA lenders to make your loan process faster and smoother.

Partnership with 50+ banks

What Some Business Owners Are Saying About Pure-um Capital

“Exceptional customer service! They worked hard to get my loan application process smooth and fast. I’m very satisfied.” 

“I’m very grateful for their services. I couldn’t have asked more. Thank you for all your hard work.”   

“As a small business owner, finding someone who is honest and professional is very critical but hard. I recently consulted about purchasing a commercial building. First of all, they were very kind, and I received a lot of help in proceeding with the loan, along with their professional knowledge. I’ve searched a lot of places, but I haven’t found anyone as honest and professional as them.”

What is a SBA 7(a) Loan?

An SBA 7(a) loan is a small-business loan issued by a private lender and partially backed by the U.S. Small Business Administration. SBA 7(a) loans are the most common type of SBA loan, and the SBA guaranteed over 57,000 SBA 7(a) loans in fiscal year 2023.

Although SBA 7(a) loans can be hard to qualify, they are an ideal option for business financing due to their long repayment term and low-interest rates. SBA 7(a) loans can be used for various purposes, including working capital, business expansions, or purchasing equipment and supplies.

Eligibility requirement

Businesses in operation for 18 months and longer
Minimum annual revenue of $ 100,000
No current federal tax liens
Minimum 660 FICO Scores