Capova CapitalSBA 7(a) Loans
Government-guaranteedSBA 7(a) Loans
The workhorse of small-business lending — acquisitions, commercial real estate, equipment, working capital, refinances, and partner buyouts. The heaviest paperwork of anything we do, and we walk you through every page of it.
45–60 days
to close
20%+ owners
Owner coverage
2–3 yrs financials
History
Owner cash in
Injection
At a glanceWhat it takes to
What it takes to
get started.
2–3 years of revenue and net income history
Details on every owner at 20% or more
Use of proceeds broken out by dollar amount
The full listEverything the file
Everything the file
will ask for.
Gather what you can before you apply — the desk works the rest with you. Nothing here is a surprise later.
Stage 1 — To pre-qualify · The business
- Legal business name, DBA, EIN, entity type
- Date established and time under current ownership
- Industry / what the business actually does
- Business address, and whether the real estate is owner-occupied
- Last 2–3 years: gross revenue and net income
- Year-to-date revenue and net income
- Existing business debt: lender, balance, monthly payment, rate
- Franchise? Name the brand
Stage 1 — The owners (everyone at 20% or more)
- Full name, ownership percentage, role
- Estimated FICO
- Citizenship or lawful permanent resident status
- Years of experience in this industry
- Liquid funds available for injection
- Any prior default or delinquency on federal debt (student loans, SBA, VA, IRS)
- Any criminal history — this doesn't automatically kill a deal, but it must be disclosed upfront
Stage 1 — The request
- Use of proceeds, broken out by dollar amount: acquisition, commercial real estate, equipment, working capital, debt refinance, partner buyout, expansion, construction
- Total project cost and how much the borrower is putting in
- Timeline / any contract deadline
Stage 2 — To underwrite · Forms
- SBA Form 1919 — Borrower Information Form
- SBA Form 413 — Personal Financial Statement, one per owner at 20%+
Stage 2 — Business financials
- Business tax returns, last 3 years — all pages and schedules
- Year-end P&L and balance sheet, prior 2 years
- Interim P&L and balance sheet, dated within 90 days
- Business debt schedule
- A/R and A/P aging, if applicable
- Business bank statements, last 3–6 months
- 2-year projections with written assumptions — required for startups, acquisitions, and major expansions
Stage 2 — Personal
- Personal tax returns, last 3 years, each owner at 20%+ — all pages and schedules
- Driver's license and proof of citizenship or permanent residency
- Resume or management bio for each owner
Stage 2 — Entity
- Articles of Incorporation or Organization
- Operating Agreement or Bylaws
- EIN confirmation letter
- Certificate of Good Standing
- Ownership certificate or cap table
- Business licenses and permits
Stage 2 — Add by deal type
- Business acquisition: LOI or purchase agreement; seller's last 3 years of business returns plus interim financials; asset list; purchase price allocation; seller's reason for selling
- Commercial real estate: purchase contract; environmental questionnaire; rent roll and leases if any portion is tenant-occupied; property contact for appraisal
- Equipment: vendor quotes or invoices
- Debt refinance: existing notes, payoff statements, and 12 months of payment history
- Franchise: Franchise Disclosure Document and franchise agreement
- Leased premises: lease agreement or signed LOI
Stage 3 — To close
- Hazard and liability insurance
- Life insurance assignment, where required
- Landlord subordination or waiver
- Title and escrow contact
- Phase I environmental, where required
- Business valuation and appraisal access
Before you submit
SBA knockouts — screen these before you submit
If a file hits one of these, say so upfront. It doesn't always end the conversation — but finding out late does.
- Passive real estate investment or a landlord entity — generally ineligible for 7(a); DSCR or conventional is the path
- Lending, investment, or factoring businesses
- Gambling, adult, cannabis, or businesses illegal under federal law
- Non-profits
- Prior default on federal debt that hasn't been resolved
- Real estate purchase where the business will occupy less than 51% (existing building) or 60% (new construction)
- No owner injection available and no seller financing in place
- Owner without lawful US citizenship or permanent residency
Send us the file.
We'll tell you straight.
Capova Capital LLC. Business-purpose financing only — this is not a consumer loan, and it may not be used for a primary residence except where secured business-purpose lending permits. This is not a commitment to lend. Loan amounts, rates, leverage, and funding timelines are estimates, vary by file, and are subject to full underwriting.