Answer: An SBA 7(a) loan in Pomona provides up to $5 million in federally-guaranteed financing for working capital, equipment, real estate, or business acquisition.
SBA loans
The SBA 7(a) is the Small Business Administration's flagship guarantee program. The federal agency does not lend money directly; instead, it promises to reimburse a participating bank for up to 85 percent of any loss, which lets that bank offer you better terms than a conventional commercial loan. As a licensed broker, Moor Lending Group submits your package to multiple SBA 7(a) loan lenders, so you are not locked into one credit committee's opinion.
You can use 7(a) proceeds for owner-occupied commercial real estate, machinery, inventory, debt refinancing, franchise fees, or general working capital. The program excludes passive rental properties, speculative land, and businesses engaged in lending or gambling.
SBA loans
SBA 7(a) loan qualifications start with citizenship or permanent residency, a for-profit structure, and operation inside the United States. Your business must meet the Small Business Administration's size standards, which for most industries means fewer than 500 employees or average annual receipts below sector-specific thresholds.
Lenders evaluate personal credit scores (typically 680 or higher), business cash flow, collateral, and your equity injection. The SBA 7(a) loan criteria also require that owners with 20 percent or more stake personally guarantee the note. You will pledge available assets, though the agency does not demand collateral equal to the full loan amount if you simply do not have it.
Time in business matters. Start-ups can qualify if the principals bring industry experience and inject substantial cash, but a two-year track record in Pomona or Chino smooths the path. Documentation made simple means we tell you up front which tax returns, interim profit-and-loss statements, and personal financial statements to gather, so nothing stalls in underwriting.
How it works
Call our office at (909) 737-1715 or visit us at 218 Machlin Ct, City of Industry, CA 91789, near the 60 Freeway. We will walk through your use of funds, review twelve months of bank statements, and confirm SBA 7(a) loan guidelines fit your situation. Once we have a complete file, we shop it to our network of preferred lenders and Preferred Lender Program participants who can deliver a credit decision in days rather than months.
Because Pomona sits at the crossroads of the 10, 60, and 71 corridors, we see distribution companies in Walnut, auto-repair chains in Diamond Bar, and family restaurants in Claremont, all of which have distinct collateral and cash-flow profiles. Our job is matching your story to the lender whose credit box welcomes it.
You will not fill out a separate SBA 7(a) loan application for each bank; we handle the formatting and follow-up. When an approval arrives, we explain the term sheet, coordinate with escrow or equipment vendors, and stay on the file through funding.
Owner-users along Garey Avenue and Indian Hill Boulevard leverage the SBA 7(a) to purchase their buildings and stop writing rent checks. Manufacturers in Chino and Chino Hills buy CNC mills or injection-molding presses. Service businesses in San Dimas and Glendora refinance expensive merchant cash advances into a single, fully amortizing note. Franchisees in Rowland Heights cover build-out costs and the initial franchise fee in one closing.
A dental practice in north Pomona wanted to acquire a retiring colleague's patient charts and lease. The buyer had been an associate for four years, strong clinical skills, but had never closed a commercial loan. We assembled three years of personal and business tax returns, a purchase agreement, and a pro-forma showing combined patient volume. Within three weeks, an SBA 7(a) lender issued a commitment, and the deal closed sixty days later. No guesswork, no missing addenda, no last-minute scrambles for a revised lease, because we built the checklist correctly the first time.
Serving the Pomona area
We know which lenders fund which kinds of Pomona 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.
