To qualify for SBA 7(a) debt refinance, you must:
- Meet standard SBA 7(a) loan requirements
- 675+ FICO
- Minimum of 4 years in business for loans up to $150,000
- Minimum of 5 years in business for loans over $150,000
To determine if you qualify for an SBA 7(a) loan, get started by submitting 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.