Business loan programs Loan Place places
SBA 7(a) loans
The Small Business Administration's flagship program, guaranteed up to 85% by the federal government. Loan amounts to $5 million, terms up to 25 years (10 years for working capital). Loan Place handles the full 7(a) application package, including the eligibility screen most brokers skip.
Working capital loans
Short‑ and medium‑term loans, typically $25,000 to $500,000, used for payroll, inventory, or bridging AR. Loan Place places these with bank partners for creditworthy borrowers and alternative lenders for revenue‑based approvals.
Equipment financing
The equipment secures the loan, so approval turns on the value of the asset and your revenue history. Loan Place routes equipment applications to specialty lenders that understand your industry — restaurant, medical, construction, or transportation.
Revenue‑based lines of credit
For businesses with $250K+ in annual revenue that need flexible access to capital. Draw when you need it, pay interest only on the drawn balance. Loan Place surfaces the true APR — not the "factor rate" that hides real cost.
Commercial real estate loans
Owner‑occupied CRE, investment property, and construction. Loan Place places CRE loans with regional banks, credit unions, and specialty CRE lenders, and includes a DSCR analysis with every quote.
Business loan rate ranges
| Program | Amount | APR range | Term | Time to fund |
|---|---|---|---|---|
| SBA 7(a) | $25K – $5M | Prime + 2.75% – 4.75% | 10 – 25 yrs | 30 – 60 days |
| Working capital (bank) | $25K – $500K | 8.99% – 15.99% | 1 – 5 yrs | 7 – 21 days |
| Equipment | $10K – $2M | 7.99% – 22.99% | 2 – 7 yrs | 3 – 14 days |
| Revenue‑based line | $25K – $1M | 14.99% – 29.99% | Revolving | 2 – 5 days |
| Commercial real estate | $250K – $10M | 6.75% – 9.50% | 10 – 30 yrs | 30 – 90 days |
Ranges reflect Q1 2026 approved‑offer data across Loan Place's business lender panel. Prime rate as of July 2026: 8.00%. Last verified: 07/2026.
What Loan Place needs from you
To place a business loan efficiently, have the following ready:
- Two years of business tax returns (three for SBA 7(a))
- Interim P&L and balance sheet (year to date)
- Personal tax returns for any 20%+ owner
- Debt schedule if you carry existing business debt
- Business plan and use‑of‑funds narrative (SBA only)
Frequently asked questions
How is Loan Place different from an SBA loan broker?
Most SBA brokers only earn if you fund an SBA loan, which biases the advice. Loan Place places any of the five business loan programs above and is compensated the same way regardless of which one you choose. Our head of small business is a CPA, not a commissioned salesperson.
Do I need collateral for a Loan Place business loan?
It depends on the program. SBA 7(a) generally requires collateral if available. Working capital loans up to $150K are often unsecured. Equipment financing uses the equipment itself. Loan Place will tell you upfront which programs you qualify for without pledging assets.
Can startups get a business loan through Loan Place?
True startups (under 12 months of revenue) usually need to look at SBA microloans, personal loans, or friends‑and‑family financing. Loan Place places SBA microloans up to $50,000 through partner CDFIs, and our advisor will walk you through the tradeoffs before you apply.