SBA-backed financing may be an option for an eligible operating business purchasing real estate it will occupy, but the loan program, borrower, property and use all have to fit lender and SBA requirements.

Begin with lender eligibility

A participating lender should evaluate the business, ownership structure, occupancy plan, project costs, available cash, experience and repayment ability. Real estate searches are stronger when the likely financing range is understood first.

Define the complete project

The project may include the purchase, eligible improvements, equipment or other approved costs depending on the program and lender. Ask the lender what can be included and what cash reserves will still be needed.

Match contract timing to financing

Commercial appraisal, environmental review, inspections, entity documents, insurance and lender underwriting take time. Financing and feasibility provisions should reflect the actual approval path.

Verify occupancy and future plans

Owner-occupancy requirements and permitted leasing vary by program and project type. The lender should confirm how the business will use the property at closing and over time.

Frequently asked questions

Which SBA program is best for a property purchase?

The answer depends on the business and project. A qualified SBA lender can compare available programs, structure, eligibility and current terms.

Can part of the building be leased to another tenant?

Possibly, subject to the applicable program's occupancy rules and the lender's approval. Confirm the proposed space allocation before relying on rental income.

What does Amy handle in an SBA purchase?

Amy handles the commercial real estate search, property information, negotiations and contract-to-closing coordination while the lender and other professionals handle financing and specialized due diligence.

SBA rules, lender requirements and loan terms can change. This page is general real estate information, not a loan commitment or legal, tax, accounting or financial advice. Consult a qualified SBA lender and your professional advisors.