SBA LOANS

At LendingClub Bank, we understand that purchasing a business may be one of the biggest decisions of your life. That’s why our team is dedicated to working with small businesses to develop the solutions that are right for your unique needs. Our experienced relationship managers will personally walk you through each step of the process to ensure you have the resources you need for a smooth transition from start to finish.

• SBA 7(a) Loan

• 504 Loan

Proceeds can be used on the following: 

• Acquiring a new or existing company

• Buying out a partner or business succession planning

• For a partial buy-in of a company

• Competitive interest rates

• 7(a) loans from $200,000–$5,000,000

• Up to 90% financing for business acquisitions

• Up to 100% financing for partnership or family buyout

• Can include working capital and equipment

• Up to 10-year term without real estate

Acquisition of an Accounting Firm and Real Estate

$292,000, 20-year term, SBA 504 loan
$120,000 SBA 7(a) loan and Line of Credit in Massachusetts

Acquisition of an Industrial Services Company

$2,605,000, 10-year term SBA 7(a) loan
$100,000 SBA 7(a) Line of Credit in Rhode Island

Purchase of a Childcare Business

$675,000 10-year term SBA 504 Loan in Connecticut

Acquisition of a Pediatric Medical Practice & Real Estate

$622,500, 20-year term SBA 7(a) loan in New Jersey