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SBA 7(a) & DSCR Calculator

Will this deal actually finance?

Estimate your SBA 7(a) loan payment, debt service coverage ratio, and cash to close on a business acquisition — grounded in the current SBA SOP 50 10 8 and FY2026 rates. Then see the highest price the cash flow can carry.

The deal
$
$
SDE already adds back one owner’s salary — we subtract a replacement salary below to get true debt-service capacity.
$
A market salary for whoever runs it day-to-day. The line that flips the most deals.
$
Capital stack
%
%
On standby (no payments for the loan’s life) it counts toward equity (max half) and is excluded from DSCR. Off, its payment is in debt service.
%
Financing & underwriting
%
SBA max for $1–5M loans ≈ Prime 6.75% + 3.0%. Actual lender rates are often lower.
years
10 yrs for business/goodwill; up to 25 with owner-occupied real estate.
Lender norm. SBA floors: 1.10× (small loans, confirmed) · 1.15× (standard, commonly cited).
Debt service coverage (DSCR)
1.76×
Financeable
Cash flow available ÷ annual debt service. Above your target it’s financeable.
SBA loan amount
$1.20M
auto-fills the gap in the stack
Total monthly payment
$17,770
SBA $16,104 + seller $1,665
Cash flow available (CFADS)
$375,000
SDE − salary − CapEx
Annual debt service
$213,236
the DSCR denominator
Your take-home after debt
$236,764
$19,730 / mo (salary + free cash flow)
Cash to close
$150,000
cash equity in (fee financed)
Max price at target DSCR
$2.11M
you could pay up to this and still clear 1.25×
Deal multiple
3.33×
price ÷ SDE
Capital stack  ·  guaranty fee $31,500 (financed)
80%
Equity $150KSeller note $150KSBA loan $1.20M
Estimate only — not a loan commitment, offer, or approval. Rates, spreads, fees, and DSCR thresholds vary by lender; the spreads shown are SBA maximums, not a quote. Prime rate 6.75% as of Jun 11, 2026 (Fed H.15) and changes with Fed policy; variable payments change over the life of the loan. Equity injection is 10% of total project costs (incl. working capital/closing); a seller note counts toward it only on full standby, capped at 50% of the injection. DSCR normalization (replacement-salary and CapEx subtractions) follows standard lender underwriting; lenders underwrite off tax returns, not seller figures. Always confirm with a qualified SBA 7(a) lender and your own advisors.
Sources: SBA.gov 7(a) terms · SBA Procedural Notice 5000-875051 (rate caps) · SBA Info Notice 5000-872051 (FY2026 fees) · SOP 50 10 8 (eff. 6/1/2025) · Federal Reserve H.15 (Prime).

The three SOP 50 10 8 rules that decide your deal

Since June 1, 2025, SBA 7(a) acquisition underwriting runs on SOP 50 10 8 — and most financing articles still describe the old rulebook. The three rules this calculator is built around:

  1. Equity injection is 10% of total project costs — the all-in deal including working capital and closing costs, not just the purchase price, for a complete change of ownership.
  2. A seller note only counts toward equity on full standby — no principal or interest for the entire life of the loan, and never more than half the injection. An amortizing seller note reduces nothing; its payment joins your debt service instead.
  3. DSCR floors: 1.10× on small loans (≤$350K), with standard 7(a) acquisitions commonly underwritten around 1.15–1.25×. The floor is the SBA’s; the number your lender actually holds you to is usually higher.

Go deeper: the 2026 SBA loan requirements, rule by rule, how the seller-note standby rule really works, and how much cash you actually need to buy a business.

What SBA payments look like at real deal sizes

Illustrations at the 9.75% variable cap, 10-year term, 10% down, no seller note, guaranty fee financed. “Cash flow needed” is cash flow after a replacement owner salary and CapEx, clearing a 1.25× lender-norm DSCR — run your own deal in the calculator above.

Purchase priceCash to close (10%)SBA loanMonthly paymentCash flow needed (1.25×)
$500K$50,000$450K + $10.1K fee≈ $6,000≈ $90K
$1M$100,000$900K + $23.6K fee≈ $12,100≈ $181K
$2M$200,000$1.8M + $48.1K fee≈ $24,200≈ $363K
$5M$500,000$4.5M + $124.1K fee≈ $60,500≈ $907K

SBA 7(a) acquisition financing, answered

What DSCR do SBA lenders require to buy a business?+

Debt service coverage ratio (DSCR) is the cash flow available for debt service divided by annual debt service. Most SBA 7(a) lenders underwrite acquisitions to a minimum DSCR around 1.25× — meaning $1.25 of normalized cash flow for every $1.00 of loan payments. The SBA SOP sets a 1.10× floor for 7(a) small loans (≤$350,000); minimums for larger standard loans vary by lender. This is an estimate, not underwriting advice — confirm with your lender.

How much do you have to put down on an SBA 7(a) business acquisition?+

The SBA requires a minimum equity injection of 10% of total project costs — the all-in deal, including working capital and closing costs, not just the purchase price — for a complete change of ownership. A seller note can count toward that 10%, but only for up to half of it, and only if the note is on full standby (no principal or interest payments) for the entire life of the SBA loan. Lenders may require more than 10% for high goodwill or limited buyer experience.

What is the current SBA 7(a) interest rate for an acquisition?+

SBA 7(a) rates are capped at a base rate — usually WSJ Prime, 6.75% as of June 2026 — plus a maximum lender spread set by loan size. For the $1–5M loans typical of a business acquisition, the variable-rate cap is Prime + 3.0%, about 9.75%. That is the ceiling; many lenders quote below it, and rates change with Fed policy.

Can a seller note count toward the SBA down payment?+

Yes, with two hard limits from SOP 50 10 8: the seller note can cover at most half of the required 10% equity injection, and it only counts if it is on full standby — no principal or interest payments — for the entire life of the SBA loan. A seller note with regular payments does not reduce your cash requirement at all; it just sits in the capital stack and its payment lands in your debt service. Many sellers decline a 10-year full standby, so plan your cash assuming you fund most of the injection yourself.

What changed in the June 2025 SBA rules (SOP 50 10 8)?+

The June 1, 2025 rewrite reset how acquisitions are financed: the minimum equity injection is 10% of total project costs (the all-in deal including working capital and closing costs, not just the purchase price) for a complete change of ownership, and a seller note now counts toward that injection only on full standby for the life of the loan, capped at half the injection. Much of the internet still describes the old rules — which is why numbers from pre-2025 articles often will not survive underwriting.

How much cash do I need to buy a $1 million business with an SBA loan?+

Plan on roughly $100,000 for the 10% equity injection on a $1M all-in project, plus post-close liquidity your lender will want to see on top. A full-standby seller note can offset up to half the injection if the seller agrees. The guaranty fee (about $23,600 on a $900K loan) is typically financed into the loan rather than paid in cash at closing.

What monthly payment should I expect per $100K of SBA loan?+

At the current 9.75% variable cap on a 10-year term, an SBA 7(a) loan costs about $1,310 per month per $100,000 borrowed (roughly $13.08 per $1,000). A $900K loan runs about $11,800 a month before the financed guaranty fee. Lenders quoting below the cap bring that down; rate changes move it, since most 7(a) acquisition loans are variable.