{"iri":"https://lexicon.financial/ext/SBASevenALoan","label":"SBA 7(a) Loan","definition":"The U.S. Small Business Administration's flagship acquisition loan program. Up to $5M at rates roughly prime + 2.75%, with a 75% government guarantee to the lender. The most common buyer financing path for sub-$5M main-street acquisitions. Requires 10% buyer equity and personal guarantees from owners >= 20%.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}