Has anyone received an SBA 7a loan recently? My lender is telling me I need to use the funds within 3 months, which sounds crazy and on the SBA website says I can have funds for revolving credit. So I want to switch lenders. Can someone refer me to another SBA lender that you’ve liked that’s not placing crazy restrictions. Thanks!

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It depends what kind of 7a loan you are getting and what funds will be used for. Only the 7a Express line of credit product is revolving but regular 7a is not. If you are getting a regular 7a and using funds for construction or leasehold improvements, lenders have up to 18 months I believe to disburse all of the funds.

Hi! Have you tried consulting an advisor? I think it will be helpful.

How soon do you need funding for your project? Dm me I can get you funding with no hassle.

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