When it’s time to move your business forward, a U.S. Small Business Administration (SBA) loan from Wells Fargo may be the solution if you’re seeking a financing option with:
- Long repayment terms. This means lower monthly payments.
- Lower down payments. Makes upfront costs more affordable.
The difference between SBA loans
SBA 7(a)
- Designed for businesses looking to acquire an existing business, buy-out a partner, expand to another location, purchase real estate or equipment, or those looking to combine any of these needs into one loan.
- Appropriate for longer term financing for businesses with net worth below $15 million and an average net income below $5 million.
- Loan amount is up to $5,000,000.
- Terms are up to 25 years for commercial real estate and up to 10 years for all other purposes.
- Interest rates can be either fixed or variable.
SBA 504
- Designed for businesses looking to expand through land or building acquisition, construction, or equipment purchase.
- Appropriate for longer term financing for businesses with net worth below $15 million and an average net income below $5 million.
- Loan amount is up to $6,500,000 for the Wells Fargo portion and up to $5,000,000 for the portion funded by a Certified Development Company.
- Terms are up to 25 years for commercial real estate and up to 10 years for machinery or equipment.
- Interest rates are fixed or variable.
Learn how others have started or grown their business with an SBA loan from Wells Fargo.

An appetite for business.
When Sadaf Salout isn’t busy running her Persian restaurant or buying a franchise, you’ll likely find her in the classroom, where she most recently earned her doctorate degree.

A love story written in frosting
From working together in a supermarket to owning 10 Party Cake Bakery locations throughout Miami, the chronicle of Olga and Juan Montano has always been about dedication and devotion.
Customers may finance with a longer term which decreases their monthly payment, but may increase the total interest paid over the life of the new loan.
Lower down payments may result in higher monthly payments and a higher loan balance.
Some small manufacturers or specific types of energy projects (as described in the energy project section) may qualify for a $5.5 million debenture.
For discussion purposes only. All financing is subject to credit approval and determination of SBA eligibility by Wells Fargo SBA Lending. Additional collateral may be required.
Equal Housing Lender