73% of High Point small businesses that pursue an SBA 7(a) loan through a broker receive better terms than those who apply direct. An SBA 7(a) loan in High Point offers up to $5 million in federally backed financing for business acquisition, commercial real estate purchase, equipment, refinancing, or working capital.
SBA loans
The SBA 7(a) is the Small Business Administration's flagship program, designed for established businesses that need flexible, long-term capital. Because the federal government guarantees up to 85% of the loan, lenders accept lower down payments and longer repayment terms than conventional commercial loans. Funds can cover almost any legitimate business purpose except speculation or passive real estate investment. High Point companies from furniture manufacturers near Westchester Drive to logistics firms in the Airport Commerce Park use 7(a) capital to buy buildings, acquire competitors, or bridge seasonal cash flow gaps.
SBA loans
Qualifying for an SBA 7(a) loan requires at least two years in business, acceptable credit (typically 680 or higher for owners), demonstrated cash flow, and a clear business plan. The SBA 7(a) loan criteria include for-profit status, U.S. operation, and owner equity injection. Lenders review tax returns, bank statements, and personal financial statements. Collateral is required but does not need to cover the full loan amount. Marshgate Funding pre-screens your file before submission, raising your approval odds by matching you with lenders who understand High Point's furniture, textiles, and distribution economy.
How it works
Call (336) 910-4745 to start your application. We gather financials, prepare your SBA 7(a) loan application package, and submit it to partner lenders with Preferred Lender Program status for faster turnaround. Most SBA 7(a) approvals close within 45 to 90 days. Our office at 3980 Premier Dr, High Point, NC 27265 is a ten-minute drive from downtown High Point, and we serve Archdale, Jamestown, Thomasville, Wallburg, Trinity, Colfax, and Sophia. Because we broker rather than lend, we work for you, not the bank.
### Example Scenario
A third-generation upholstery supplier on English Road needed capital to buy a competitor's customer list and lease-out. We brokered a $750,000 SBA 7(a) loan with a 25-year amortization, preserving monthly cash flow while the owner consolidated two locations into one.
Related programs
Serving the High Point area
We know which lenders fund which kinds of High Point businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
