SBA 7(a) Refinance Program
Improve your business cash flow by refinancing your SBA 7(a) to another SBA (7a) with LoanBud
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 opportunity to receive a cash infusion to help with expansion and growth.
How it Works
Current Interest Rate
Current interest rate must be Prime + 2.5% or higher.
New Interest Rate
New interest rate will be Prime + 1% fixed or Prime + 1.25% variable, adjusting quarterly.
Loan Term
The loan term can be reset back to the initial loan term of 10 years or 25 years
Loan Details
Loans are fully underwritten and require global and business 1.15x DSCR with 3 years financials
LoanBud’s SBA 7(a) Refinance Benefits
Obtain Working Capital
Receive the working capital your business needs to grow and expand.
Reduce Monthly Payments
Lower monthly payments to improve cash flow.
Ways to Use the Loan
Use your loan to receive 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 Lending Officer
Our trusted and experienced lending officers will help guide you through the process of refinancing your SBA 7(a) loan.
Guide You Through the Application Process
Your loan specialist will work with you throughout the process, streamlining an otherwise overwhelming experience.
Get Funded
Complete the refinance of your SBA 7(a) loan to reduce your payments and improve the health of 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 SBA 7(a) refinance loan application and approval process. We work closely with each partner to tailor SBA refinance loan packages to meet their specific needs.
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.
