SBA 7a Refinance Program
How it Works
If you have an SBA loan priced at Prime + 2.5% or higher, then LoanBud can help you refinance into another SBA loan at a lower rate. Your business will not only have lower monthly payments but also get an immediate infusion of cash to help with expansion and growth.
How it Works
Refinance to Prime +1%
Refinance to Prime +1% fixed for 5 years or Prime +1.25% variable, adjusting quarterly.
10 Year Term
Longer repayment terms so you can focus on growing your business.
10% of Proceeds
At least 10% of use of proceeds must be used for expansion or renovation.
Eligibility
All SBA 7(a) loans priced at Prime +2.5% or higher may be eligible.
LoanBud’s SBA 7a Refinance Benefits
Immediate Cash Infusion
Put money back into your business for expansion and growth.
Reduce Monthly Payments
Lower monthly payments means less overhead for your business.
Ways to Use the Loan
Working capital, refinance high interest or short term debt, purchase equipment, buy inventory, and renovations.
Ready to Get Started?
Answer a Few Simple Questions
Answer a few questions to let us know more about what you're looking for and check eligibility.
We’ll Connect You With a Business Loan Specialist
Our trusted and experienced specialists will help match you with the best option for your business. With over 100 lending partners, we'll work together to find the right solution for you.
Guide You Through the Application Process
Your loan specialist will work with you throughout the process, streamlining an otherwise overwhelming experience.
Get Funded
Get the capital you need to grow your business.
Trusted Lending Partner
As a trusted SBA lending partner, we understand the importance of providing reliable and accessible financing options to small businesses. Our commitment to helping entrepreneurs succeed is reflected in our comprehensive suite of SBA loan products and services.
Our experienced team of SBA lending specialists is dedicated to assisting small business owners throughout the loan application and approval process. We work closely with each borrower to tailor loan packages that meet their specific needs, from startup capital to expansion financing.
With over 100 years of combined SBA lending experience, our team will be your advocate and guide you to a successful loan funding.
What Our Customers Have to Say
“William Bennett has redefined what the client rapport should be. He has gone above and beyond to ensure the process was streamlined for our company. He efficiently communicated and assisted throughout the entire process. I refuse to go through any other lender going forward for all our financial needs. Bill, Thank you for the amazing experience.”
“I was Assigned Angela Sharrett as my first point of contact for an SBA backed loan. She was and continues to be amazing. She worked literally around the clock to make it happen. SBA backed loans are very complex and it can take a mental toll on everyone involved. I’m so grateful I was assigned Angela and her team at LoanBud. I cannot recommend them enough!”
“Melissa was amazing….assisted and supported us through the entire process…We couldn’t have been happier…highly recommend!”
“Jon Rector was my loan officer. He got up to speed on my loan immediately and was instrumental in closing my loans with the least amount of frustration on my part. He was responsive and attentive to my needs. I really appreciate his efforts.”
Have 5 Minutes? Apply Online
Check to see if you pre-qualify without impacting your credit score.
