1. Support Center
  2. SBA 7(a) Small Business Loans

Can I refinance personal debt with a 7(a) loan?

No, you can only refinance business debt with a 7(a) loan.  

To determine if you qualify for an SBA 7(a) loan, get started by submitting the prescreen loan application in the NEWITY Portal. It takes less than 15 minutes and does not impact your credit score. 





NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program.  SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.