There’s a persistent myth that you need to show strong profit margins and tax returns to get an SBA loan. That may have been true before — but not anymore.
Welcome to the world of credit-based SBA 7(a) loans, where approval is not based on cash flow, tax returns, or profit.
That’s right — no profit required.
You can have other business loans, ongoing expenses, even past MCA use, and still get approved. As long as your credit is solid (typically 680+), you’ve got a real shot. The underwriting is primarily based on personal credit history, business time-in-ownership, and a reasonable debt load.
And the upside?
- 10-year fully amortized terms
- No prepayment penalties
- Rates under 12%
- No collateral required
- No nonsense
This isn’t theory — we’re funding these loans every day for business owners who didn’t think they’d qualify. Most had already been declined by banks or stuck cycling through high-cost short-term debt.
If that’s you, the message is simple: you don’t need perfect financials — you just need the right structure and lender. And we know how to get it done.
