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

How will I know if I can refinance my debt with a 7(a) loan?

The NEWITY prescreen application will determine if you are eligible for an SBA 7(a) loan. If you are eligible, a member of NEWITY’s loan team will review your application and existing debt to outline what debt could be refinanced with your 7(a) loan. Your NEWITY loan representative will notify you if you can use a portion of your SBA 7(a) loan to refinance any of your existing debt.  

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.