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

What are the requirements for $500,000 SBA loans?

To qualify for an SBA 7(a) loan of $500,000 through NEWITY, your business must:

  • Be in operation for at least 3 years
  • Owner operated/funded
  • Meet SBA eligibility requirements for size and industry

 

To get started, create your NEWITY account and submit our business loan application. It takes less than 10 minutes and does not impact your credit score.

 

 

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