Business loan programs Loanplaced places

SBA 7(a) loans

The Small Business Administration's flagship program, guaranteed up to 85% by the federal government. Loan amounts to $5 million, terms up to 25 years (10 years for working capital). Loanplaced handles the full 7(a) application package, including the eligibility screen most brokers skip.

Working capital loans

Short‑ and medium‑term loans, typically $25,000 to $500,000, used for payroll, inventory, or bridging AR. Loanplaced places these with bank partners for creditworthy borrowers and alternative lenders for revenue‑based approvals.

Equipment financing

The equipment secures the loan, so approval turns on the value of the asset and your revenue history. Loanplaced routes equipment applications to specialty lenders that understand your industry — restaurant, medical, construction, or transportation.

Revenue‑based lines of credit

For businesses with $250K+ in annual revenue that need flexible access to capital. Draw when you need it, pay interest only on the drawn balance. Loanplaced surfaces the true APR — not the "factor rate" that hides real cost.

Commercial real estate loans

Owner‑occupied CRE, investment property, and construction. Loanplaced places CRE loans with regional banks, credit unions, and specialty CRE lenders, and includes a DSCR analysis with every quote.

What Loanplaced will not place. Merchant cash advances are not on our panel. They are legal, but the effective APRs (typically 60–150%) rarely make sense once we run the math. If a Loanplaced advisor sees you're leaning toward one, we'll show you the alternative in writing.

Business loan rate ranges

ProgramAmountAPR rangeTermTime to fund
SBA 7(a)$25K – $5MPrime + 2.75% – 4.75%10 – 25 yrs30 – 60 days
Working capital (bank)$25K – $500K8.99% – 15.99%1 – 5 yrs7 – 21 days
Equipment$10K – $2M7.99% – 22.99%2 – 7 yrs3 – 14 days
Revenue‑based line$25K – $1M14.99% – 29.99%Revolving2 – 5 days
Commercial real estate$250K – $10M6.75% – 9.50%10 – 30 yrs30 – 90 days

Ranges reflect Q1 2026 approved‑offer data across Loanplaced's business lender panel. Prime rate as of July 2026: 8.00%. Last verified: 07/2026.

What Loanplaced needs from you

To place a business loan efficiently, have the following ready:

  • Two years of business tax returns (three for SBA 7(a))
  • Interim P&L and balance sheet (year to date)
  • Personal tax returns for any 20%+ owner
  • Debt schedule if you carry existing business debt
  • Business plan and use‑of‑funds narrative (SBA only)
SC

Advisor's note — Sarah Chen, CPA

The mistake I see most often is a business owner accepting the first cash‑advance offer because it fundeds fast. If your business has been operating for 24+ months with clean bank statements, you probably qualify for a bank line of credit at a fraction of the cost. Give Loanplaced two weeks before signing anything — we can usually save 10–20 points of APR.

Frequently asked questions

How is Loanplaced different from an SBA loan broker?

Most SBA brokers only earn if you fund an SBA loan, which biases the advice. Loanplaced places any of the five business loan programs above and is compensated the same way regardless of which one you choose. Our head of small business is a CPA, not a commissioned salesperson.

Do I need collateral for a Loanplaced business loan?

It depends on the program. SBA 7(a) generally requires collateral if available. Working capital loans up to $150K are often unsecured. Equipment financing uses the equipment itself. Loanplaced will tell you upfront which programs you qualify for without pledging assets.

Can startups get a business loan through Loanplaced?

True startups (under 12 months of revenue) usually need to look at SBA microloans, personal loans, or friends‑and‑family financing. Loanplaced places SBA microloans up to $50,000 through partner CDFIs, and our advisor will walk you through the tradeoffs before you apply.

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