DEBT REFINANCING Apply Now

Refinance high Interest debt and save thousands with a low-cost SBA loan

LOAN AMOUNT: $30,000 - $350,000

INTEREST RATES: 7.50 – 8.50%

REPAYMENT TERM: 10 years

* SBA loans from 7BC marketplace banks have a variable rate of Prime Rate plus 2.75% to 3.75%.

Why refinance with an SBA Loan?

Refinancing existing debt with a low-cost SBA consolidation loan is an important step to take if you want to expand and save big. Large or frequent payments can make it difficult to run day-to-day business operations. Additional funds may be used for working capital to help your business expand. Don't let high-interest crush your cash flow. An SBA loan is the smart solution.

SBA debt consolidation loans can be used to refinance:

Merchant Cash Advances

Short-term Business Loans

High-interest Business Loans

Daily or Weekly Payment Loans

Business Credit Cards

How It Works

Step 1

Pre-qualify Without Impacting Your Credit

Pre-qualify in as little as 5 minutes without impacting your credit score. Simply provide basic information online and we’ll automatically tell you if you pre-qualify for an SBA loan from $30,000 to $350,000. If you don’t pre-qualify, you may be offered the opportunity to opt in for a Bank Term loan through our marketplace banks without re-submitting any information.

Step 2

Provide Financial Information

Provide financial information about your business and its owners. 7BC will work with you to determine if you can make the low monthly payments for the 10-year term SBA loan.

Step 3

Provide Documentation

Upload requested documents to complete your application. Your dedicated Relationship Manager can assist at any point throughout the process.

Step 4

Get Funded

After your financial information and documentation are approved by the bank, funds can be deposited in your bank account in as fast as 7 days.

Qualifications
2+ years in business
Business owners must be U.S. citizens or legal permanent residents
Business owners must have personal credit scores above 650
Cash flow to support loan payments

Get a loan