7(a) vs. 504 fit finder

Which conversation belongs first?

Describe the project and see which SBA program appears more relevant to explore. The result is educational—not an eligibility decision.

Project inputs

Start with the use of funds.

Program selection begins with what the money needs to accomplish.

Primary use of funds

Buy a businessA complete or partial change of ownership.Buy or improve propertyOwner-used land, building, construction, or improvements.Purchase equipmentMachinery, production equipment, or other business assets.Fund operationsInventory, payroll, receivables, or operating liquidity.Refinance business debtReview eligible existing debt and the assets it financed.Combine several needsA project with fixed assets and operating uses.

Estimated project amount

$1,500,000 enteredOperating stageProperty use

Working capital is neededInventory, payroll, receivables, or liquidity.Long-life fixed assets are centralReal estate or equipment with a long useful life.