Retail Chain Expands to 3 New Locations with a $750K SBA 7(a) Loan

The Challenge

Danielle T., founder of a women's boutique brand with two locations in Atlanta, had identified three prime retail spaces for expansion. Her existing bank offered a conventional business loan with a 3-year term — payments that would have consumed nearly all the projected revenue from the new stores. The U.S. Small Business Administration reports that SBA 7(a) loans offer significantly lower rates than conventional alternatives, but navigating the SBA lender landscape is complex. Danielle had already spent 6 weeks assembling paperwork for one SBA lender that ultimately declined her application.

The Solution

Through Pro Capital, Danielle's application was routed to three SBA-approved lenders simultaneously. She received two competing offers. The winning offer: a $750,000 SBA 7(a) loan with a 10-year term and payments suited to the expansion. Her funding advisor helped her prepare the SBA-specific documentation, including the business plan narrative and financial projections that SBA lenders require.

The Results

• Secured a $750,000 SBA 7(a) loan with a 10-year term
• 10-year term reduced monthly payments by 58% compared to the bank offer
• Three new locations opened within 4 months of funding
• Projected to create 24 new jobs across the three locations
• Total interest savings of approximately $285,000 over the loan term