Make purchases, hire staff, refinance debt, and more

SBA 7(a) loan funds can be used in a variety of ways to cover expenses and make upgrades to your business.

Is a SBA 7(a) Loan
a good fit for your business?

General eligibility requirements:

Cash flow positive and in business for at least 2 years

Net worth less than $15 million, with 2-year average net profit up to $5 million after taxes

Established credit score with no tax liens or recent credit events

Apply online and instantly see if you pre-qualify
for loans up to $500k

Using our online lending platform², you can quickly see if you pre-qualify for the program. Once pre-qualified, you'll get step-by-step instructions to guide you through the application process. Your progress saves automatically, so you can stop and return at any time and see the status of your application.

¹ City National Bank of Florida will waive all packaging fees up to $2,500 for SBA 7(a) loan amounts ranging from $30,000 to $5,000,000. The packaging fee, calculated at 1% of the total loan amount (up to a maximum fee of $2,500), will be waived. To be eligible for the fee waiver, loan applications must be submitted no later than 11:59 PM ET on June 30, 2024, and must be closed within 90 days of submission. The waiver of packaging fees will be applied upon closing of the loan. The applicant is responsible for any additional closing costs associated with the loan.

² Online lending platform is offered in partnership with Smart biz. City National Bank of Florida and Smart biz Loans are separate legal entities, which are not affiliated with each other in any way by common ownership, management, control, or otherwise. The content, availability, and processing accuracy of their websites and products are the responsibility of each respective company. City National Bank of Florida makes no representations or warranties as to the suitability, accuracy, completeness, or timeliness of the information provided, including any information provided by third parties.

Small Business Administration (SBA) Lending Programs are subject to SBA eligibility guidelines and credit and collateral approval. Certain fees and other restrictions may apply. Eligible borrowers must meet all criteria as defined by the Small Business Administration (SBA). Terms and conditions subject to change.