SBA Loans in Royal Oak, MI

SBA 7(a) loans are government-guaranteed term loans that let the Small Business Administration absorb most lender risk, so banks can offer longer amortizations and lower equity requirements than conventional commercial credit. Royal Oak's Main Street corridor and Washington Avenue businesses often use SBA loans to acquire the mixed-use buildings that anchor downtown, finance restaurant build-outs, or buy delivery vehicles and kitchen equipment. Because we are a commercial loan broker serving Royal Oak, we submit your file to multiple SBA-preferred lenders and explain exactly what underwriters need before you waste weeks chasing a decline.

We walk your file through underwriting before submission. That means reviewing your business tax returns, personal credit, and cash-flow statements to confirm debt-service coverage, then writing the narrative that explains seasonality or one-time expenses. We also coordinate the environmental Phase I, appraisal, and lease assignments that SBA lenders require. Our office is at 11080 Hall Rd in Sterling Heights, fifteen minutes up I-696 from Royal Oak, and you can reach us at (586) 366-7772. Learn more about SBA loans across our service area or explore other programs on our main hub.