SBA Score

SBA 7(a) Loan Interest Rates (Updated Daily)

See the latest SBA 7(a) loan rates and learn how to qualify for the lowest possible interest.

Key Points

SBA 7(a) rates depend on loan size, term length, and your creditworthiness.

Rates = Prime (7.5%) + a lender spread, capped by SBA guidelines.

Boost your chances by checking your SBSS score and comparing lenders.

The SBA 7(a) loan interest rate is tied to the WSJ Prime Rate (currently 7.5%) plus a lender-determined spread. Rates vary based on:

✅ Loan amount

✅ Loan term (short-term vs. long-term)

✅ Borrower’s creditworthiness

Rates last updated May 2025

The formula is:

SBA 7(a) Rate = WSJ Prime Rate (7.5%) + Lender Spread

Maximum spread allowed by the SBA:
- Loans ≤ $50K: Prime + 4.25%
- Loans > $50K: Prime + 2.7t5%

✔ Check your SBSS score first (higher score = better rates)

✔ Compare multiple lenders (banks, credit unions, online lenders)

✔ Opt for longer terms (lower rates)

✔ Offer collateral (reduces lender risk)

📊 **Use Our SBA Loan Calculator

Before applying, check your SBSS score to see which lenders will approve you.

✅ No hard credit pull

✅ Avoid unnecessary declines