
VETERINARY SBA 7(a) LOANS
The SBA 7(a) loan is a top financing choice for veterinarians due to its flexibility and accessibility. Whether you're starting, expanding, or upgrading your practice, this program offers multiple advantages:
Longer Repayment Terms
SBA 7(a) loans provide flexible repayment terms, with up to 10 years for working capital, equipment, and general business needs, and up to 25 years for real estate purchases. Loans with terms under 15 years have no prepayment penalties, while loans exceeding 15 years incur penalties in the first three years: 5% in the first year, 3% in the second, and 1% in the third. After three years, you can repay without penalties, giving you freedom to manage your loan as needed.
Competitive Interest Rates
Take advantage of the competitive interest rates offered by SBA 7(a) loans to reduce your financing costs and maximize your profitability. The government partially guarantees these loans, reducing our risk and allowing us to offer you better interest rates.
Lower Down Payments
The government guaranty also enables small business owners to secure financing with lower down payments compared to traditional business loans, typically up to 20% of the total project cost but in some cases as low as 0%.
Flexible Use of Funds
The SBA 7(a) loan program is widely regarded as a top choice for small businesses due to its unmatched flexibility. Unlike many traditional loans that impose strict limitations, 7(a) loans empower businesses to meet a variety of financial needs, making them versatile for nearly any business purpose or stage of growth.
What Can Veterinary Lending Do for You?
Our flexible financing solutions allow you to invest in the most critical aspects of your veterinary practice, whether it's one specific area or several at once:
Clinic Expansions
Open a new location or remodel your current space to better serve clients and improve patient care.
Equipment & Technology
Upgrade to cutting-edge diagnostic tools, surgical suites, or practice management software to enhance your services.
Real Estate Investments
Purchase, build, or refinance property to create the ideal clinic environment for your patients and staff.
Working Capital
Ensure smooth day-to-day operations by covering essential expenses like payroll, inventory, and marketing.
Debt Refinancing
Simplify your financial management by consolidating multiple loans into one, often with better terms.
Solutions for Every Stage of Your Veterinary Career
Our SBA 7(a) loans are designed to support veterinarians throughout their careers, whether you’re just getting started, expanding your practice, or preparing for retirement.