GoSBA Loans

How is GoSBA free for borrowers?

SBA lenders pay a referral fee to brokers after your loan closes, as disclosed on SBA Form 159. You never pay anything — before, during, or after closing. This is standard practice in SBA lending, similar to how a real estate buyer's agent is paid by the seller.

How is GoSBA different from applying directly to a bank?

When you apply directly to one bank, you get one offer — take it or leave it. With GoSBA, multiple lenders see your deal and compete for your business. That competition drives down your rate and improves your terms. Plus, we handle the entire application, packaging, and negotiation process for you.

What types of SBA loans do you offer?

We broker all SBA loan types: 7(a) loans for business acquisitions and working capital (up to $5M), 504 loans for commercial real estate (up to $13M), and SBA Express loans for faster funding under $500K.

How long does the SBA loan process take?

Most deals close in 45-75 days from complete application. Working capital loans can be faster (30-45 days). Business acquisitions and real estate typically take 60-90 days. Our streamlined process consistently beats the national average.

I'm buying a business — how much do I need for a down payment?

SBA requires a minimum 10% equity injection for acquisitions. However, if the seller offers a standby seller note (common in our deals), you may only need 5% cash out of pocket. We'll help structure the deal to minimize your cash requirement while keeping lenders happy.

Can you help if my bank already turned me down?

Absolutely. We've funded dozens of deals that were initially declined by other banks. Different lenders have different criteria — what one bank won't do, another will. Our job is to find the right lender for your specific situation.

Do I need industry experience to buy a business with an SBA loan?

Most SBA lenders want to see relevant management or industry experience. However, "relevant" is interpreted broadly — transferable skills from similar industries often qualify. We know which lenders are flexible on experience and can match you accordingly.