SBA Loans California: 7(a) and 504 Programs
SBA loans offer California small businesses the best combination of low down payments, long repayment terms, and competitive interest rates available anywhere in the lending market. As an SBA-preferred lender, DiVita Home Finance guides you through the process from pre-qualification to funding.
SBA Loan Programs Compared
| Feature | SBA 7(a) | SBA 504 |
|---|---|---|
| Max loan | $5 million | $5.5 million (CDC portion) |
| Down payment | 10%–20% | 10% |
| Term | Up to 25 years (real estate) | 20–25 years |
| Rate | Prime + 2.75% (variable) | Fixed (below market) |
| Use of funds | Working capital, equipment, RE | Real estate & equipment only |
| Best for | Flexibility, working capital | Owner-occupied commercial RE |
Industries We Specialize In
- Restaurants & Food Service — acquisition, build-out, equipment
- Medical & Dental Practices — startup, acquisition, expansion
- Franchise Financing — approved franchise list, multi-unit
- Retail Businesses — storefront purchase or build-out
SBA Loan Eligibility Requirements
To qualify for an SBA loan: your business must be for-profit and operate in the US, must meet SBA size standards for your industry, must have reasonable owner equity, and must demonstrate ability to repay from business cash flow. Most California small businesses qualify — even startups with strong projections.
SBA Loan FAQ
How long does an SBA loan take to close?
SBA Express loans: 36 hours decision, 2–3 weeks to close. Standard 7(a) loans: 30–60 days. SBA 504 loans: 45–90 days due to CDC involvement.
Can I get an SBA loan as a startup?
Yes — SBA loans are available to startups with a strong business plan, relevant industry experience, and sufficient personal net worth. The SBA 7(a) is the most startup-friendly. Down payments for startups are typically higher (20%–30%).
What credit score do I need for an SBA loan?
Most SBA lenders want a personal credit score of 650+. Scores above 700 open up better rates. The SBA does not set a minimum, but lenders add their own overlays.
Start Your SBA Loan Application
📞 (800) 239-1103 | Apply Online →
Related: Commercial Loans | Hard Money Loans
About DiVita Home Finance
DiVita Home Finance is a small, family-owned mortgage company based in Marin County, California. When you call, you speak directly with Michael DiVita — the owner — not a call center, not an out-of-state rep, not someone reading from a script. We’re here for a low-key, no-obligation conversation about your situation.
We take your privacy seriously. We will never sell your information to third-party lenders or lead generation companies — unlike many of the large mortgage platforms. Your inquiry stays with us, period.
📞 Call: (800) 239-1103 | 💬 Text Michael directly: (310) 849-9124
