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

How long do I need to be in business to qualify?

To obtain an SBA 7(a) loan from NEWITY, you must be in operation for at least one year.  

To get started, submit the business loan application in your NEWITY account. It takes less than 15 minutes and does not impact your credit score.

 

 

 

 

NEWITY LLC and its affiliates are not lenders participating in the SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in the SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in the SBA’s 7(a) loan program.