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The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a BLP financial professional prior to relying on the results.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. This calculator does not calculate the Annual Percentage Rate or Average Prime Offer Rates. BLP does not guarantee any of the information obtained by this calculator.

SBA Loans - BLP - Business Lending Partners
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SBA Loan Programs

The U.S. Small Business Administration (SBA) was established to help businesses secure financing. SBA programs reduce risk for lenders and enables easier access to capital. There are two primary SBA financing programs offered; the SBA 504 program which offers attractive real estate and equipment financing; and the SBA loan guarantee program which offers a more flexible use of funds. Together, these programs are great complements to each other and are often used together to fully meet business financing needs. 

SBA 504 Explained - A 4-part Video Series
What is the SBA 504 Loan Program?
Is SBA 504 Right for your Project?
Why use SBA 504 over conventional loan?
Why partner with BLP on your next project?

SBA 504 Loan Program

The U.S. Small Business Administration (SBA) 504 loan program, offered by BLP,  was developed by Congress to assist growing businesses by offering an attractive financing option for real estate and equipment needs. The SBA has structured the program to work in partnership with the applicant business’ financial institution. To apply for SBA 504 financing, the business and its financial institution would work directly with BLP. BLP acts as an administrator of the program and packages everything directly with the customer for SBA.

SBA Lender Decal
Typical financing structure of the SBA 504 program:

SBA 504 Loan Structure

 50% Lender  40% SBA   10% Borrower 

An additional 5% cash equity is required in each situation below reducing SBA/BLP’s financing portion:

SBA 7(a) Loan Program

SBA 7(a) Loan Structure

Typical financing structure of the SBA 7(a) program:

The interest rate, loan term, amount, down payment and the purpose of financing is negotiated between the lender and small business.

Through our partnership with the ATW Miller Group, LLC, BLP is able to offer the Small Business Administration (SBA) 7(a) Loan Guarantee program. The 7a program, is the most popular loan program offered by SBA.

The SBA 7(a) loan guarantee program is provided to our lender partners to mitigate risk. The program also allows lenders to use the program for small businesses that would not normally qualify for conventional financing through:

Lenders Benefits

Reduced Risk

SBA is a secondary lender, providing a direct loan in a subordinate lien position improving the bank's collateral position and reducing risk.

Increase Small Business Lending

The bank's exposure is reduced by partnering with SBA on the financing of a project. By mitigating their risk through these program, banks can provide more loans and offer opportunities to more businesses. Additionally, banks can provide more loans to the same business where legal lending limits may be constricting.

Obtain CRA Credit

When using the SBA 504 program, banks can potentially obtain CRA credits by participating in one of our lending programs.

Expand Offerings

Both the SBA 504 and 7(a) loan programs complement and add to conventional loans, which allows lenders to offer terms otherwise not available.
SBA 504 - BLP works directly with lenders and applicants to structure, package, process, close, and service the SBA loans.
SBA 7(a) - The ATW Group works directly with the lenders and applicants on all SBA 7(a) needs.
Combined SBA 504 and 7(a) - BLP and The ATW Group provide a streamlined process structuring the most beneficial financial package possible.

Borrowers Benefits

Lower Down Payment

SBA 504 - The borrower may provide a cash down payment as low as 10% of the total funding needs, allowing them to save their cash for other business needs.
SBA 7(a) - Financial institution determines down payment.

504 Guaranteed Fixed Rate

SBA 504 - The borrowers do not have the risk of an increase in the interest rate on the SBA loan making long-term planning for the business easier because borrowers know the amount of their mortgage payments for the next 20 years.
SBA 7(a) - Financial institution determines rate terms.

Long Term

SBA 504 - Loans are made for 10, 20 or 25 year terms. Longer terms result in lower monthly payments for the borrower without the concern of balloon payments due prior to the loan maturity.
SBA 7(a) - Loans are made for up to 25 years for real estate and up to 10 years for equipment and working capital.

Low Interest Rates

SBA 504 - Government guarantee allows lenders to provide funding with low interest rates.
SBA 7(a) - Financial institution determines interest rates, however, SBA sets the maximum rates lenders are permitted to attach to an SBA loan.