SBA 504 & 7(a) Loans for Senior Housing and Assisted Living
Financing options for acquisitions, construction, and refinancing of assisted living and senior housing properties.
Why Choose SBA Financing?
- Up to 85% loan-to-cost financing
- 25-year amortization, no balloon payments
- Low fixed interest rates
- Loans from $500,000 to $10+ million
- Ideal for acquisitions, expansions, and refinance
SBA Loan Program Comparison
SBA 7(a)
- Maximum loan: $5M
- Working capital, acquisitions, startups
- Up to 25-year terms
SBA 504
- Typical projects: $500K–$20M+
- Fixed-asset financing (buildings, equipment)
- 50/40/10 lender/CDC/borrower split
Eligibility Requirements
- Operate as a for-profit U.S. business
- Net worth under $15M, average income under $5M
- No speculative or investment real estate
- Good credit, experience, and business plan
- U.S. citizen, national, or lawful permanent resident
Eligible Use of Funds
- Business acquisition or expansion
- Construction, renovation, or improvements
- Furniture, fixtures, and equipment
- Working capital or debt refinance
FY2025 SBA Loan Guarantee Fees
| Loan Amount | Guarantee Fee |
|---|---|
| Up to $1,000,000 | 0.00% |
| $1,000,001 – $2,000,000 | 1.45% of first $1M + 1.70% of excess |
| $2,000,001 – $5,000,000 | 3.50% of first $1M + 3.75% of excess |
2025 SBA SOP 50 10 8 Highlights
- 10% equity injection required; seller notes allowed if on full standby (max 50%)
- Partial ownership purchases permitted with co-guarantors
- Personal resource test removed (credit-elsewhere standard remains)
- Minimum SBSS score raised to 165
- Franchise directory reinstated
- Life/hazard insurance required above $50K secured loans
Apply for SBA Financing
Complete the form below and our team will respond within 24 hours.
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Haven Senior Investments provides informational resources and third-party referrals. We encourage independent due diligence before engaging with any lender or product. Haven assumes no liability for outcomes related to third-party services.
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