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Fast-Track Your Business Growth with Grasshopper

Experience a streamlined loan process with Grasshopper. From instant qualification to rapid funding, our knowledgeable team and SBA Preferred Lender status ensure your business gets the capital it needs—quickly and effortlessly.

  • Quick Qualification

    Get qualified instantly with our cutting-edge digital application. Frictionless experience from start to submission with simplified documentation and faster verification.

  • Unmatched Speed

    As a Small Business Administration (SBA) Preferred Lender, Grasshopper can accelerate the funding process getting your capital in your account faster.

  • Expert Support

    With decades of experience partnering with small businesses, our team prides itself on a seamless loan process. We’re available when you need us, and adapt with you.

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$

SBA 7(a) loans can reach $5 million, but some types of 7(a) may have smaller maximums.

7.25%

Maximum rates depend on the amount borrowed: 13.50% for less than $50,000; 13.00% for $50,001 to $250,000; 11.50% for $250,001 to $350,000; and 10.00% for more than $350,001.

SBA 7(a) loans terms can be up to 10 years for equipment, working capital or inventory loans and up to 25 years for real estate.

Apply for a SBA (7a) Loan

Is the loan amount you are seeking for your small business more or less than $200,000?

More than $200,000

At this time Grasshopper is not accepting applications for loans less than $200,000

Check out our partner that matches your funding amount below:

  • Fundera has helped 75,000 + small business owners secure funding
  • Loan amounts from $1K – $2M
  • Access to over 25 lenders
  • Funding as fast as same day
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  • Get approved and funded as soon as same day
  • Wide range of financing options to choose from
  • Loan amounts from $10k – $3M
  • Applying won’t impact your credit score
Learn More

Accessible Financing

  • Loan sizes up to $5M

  • Repayment Terms up to 25 years

  • Rates as Low as Prime + 2%1

How our SBA(7a) Digital Process Works

  • Fill Out & Submit Application

    Provide details about yourself, your business, and the funding you're seeking. Review your information and submit.

  • Send Documents

    Once verified for eligibility, our team will reach out with a document checklist. Provide Grasshopper with the required documents to move forward.

  • Speak with Our Team

    If your documents meet cash flow and eligibility requirements, a Grasshopper team member will contact you to discuss loan options and next steps.

What can you do with an SBA(7a) Loan?

An SBA 7(a) loan offers flexible financing to support a wide range of small business needs. Whether you’re looking to grow, expand, or simply improve cash flow, this loan can be tailored to help you achieve your goals. Use it to:

  • Increase Working Capital: Cover daily operational expenses such as payroll, rent, and utilities.
  • Purchase Equipment: Invest in machinery, technology, or other essential equipment for your business.
  • Refinance Debt: Consolidate or restructure existing debt for lower monthly payments and improved cash flow.
  • Expand Your Business: Open new locations, offer more services, or scale production capacity to meet growing demand.
  • Acquire Real Estate: Purchase, build, or renovate commercial property like office space, retail locations, or warehouses.
  • Buy Inventory: Ensure you have the inventory needed to meet customer demand and increase revenue.
  • Finance a Franchise: Get the capital needed to buy into a franchise or expand your current franchise operation.
  • Buy an Existing Business: Acquire an existing business or complete a partner buyout to expand your ownership.

Frequently Asked Questions

  • An SBA loan is a type of financing provided by private lenders but backed by the U.S. Small Business Administration (SBA), designed to support small businesses that may not meet traditional lending criteria. This government guarantee allows us to offer loans with more favorable terms, such as lower down payments, longer repayment periods, and competitive interest rates.

  • An SBA 7(a) loan can be used for a variety of purposes, including working capital, buying equipment or real estate or refinancing debt.

  • At this time, we are offering preapprovals for SBA 7(a) loans starting at $200,000 and up, catering to businesses ready to take their operations to the next level with substantial financial support.

  • Applying for a loan does not guarantee automatic approval. Instead, you can undergo a pre-screen process where we gather preliminary information about your business. This helps us determine if you may qualify for an SBA 7(a) loan. Although this initial step is crucial, it does not assure approval, as the final decision depends on a comprehensive evaluation of all the required documentation, verification and loan criteria.

  • In our application process, we conduct a soft pull to pre-qualify you for an SBA 7(a) loan, which does not impact your credit score.

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