The Mercantile Record Small-business money, by the numbers https://mercantilerecord.com/ 2026-10-06T00:00:00Z SBA Express vs. standard 7(a): what 17,380 Express loans showhttps://mercantilerecord.com/financing/sba-express-vs-7a/2026-10-06T00:00:00Z2026-10-06T00:00:00ZThe Mercantile RecordAn SBA Express loan carries half the guaranty of a standard 7(a) loan. In the loan records Express loans are smaller, mostly lines of credit, no more expensive at the same size, and charged off less often. SBA 504 vs 7(a) calculator: compare the payment, the cash down and the feeshttps://mercantilerecord.com/tools/sba-504-vs-7a-calculator/2026-10-06T00:00:00Z2026-10-06T00:00:00ZThe Mercantile RecordEnter a building or equipment project and compare an SBA 504 package with a single 7(a) loan: cash down, fees added to the debt, monthly payment and what you still owe after ten years. How long does an SBA loan take to fund? What 78,078 approvals showhttps://mercantilerecord.com/financing/how-long-does-an-sba-loan-take/2026-10-06T00:00:00Z2026-10-06T00:00:00ZThe Mercantile RecordSBA's records time every 7(a) loan from approval to first payout. Half were funded within 21 days, one in ten took more than 83, and 18% of approvals were cancelled first. DSCR calculator for SBA loans: will your cash flow carry the payment?https://mercantilerecord.com/tools/dscr-calculator/2026-10-06T00:00:00Z2026-10-06T00:00:00ZThe Mercantile RecordWork out debt service coverage the way SBA's rules define it, see the minimum that applies to your loan (1.10, 1.15 or 1.25) and test what happens to it if rates rise. The 69 busiest SBA 7(a) lenders, and what each one chargeshttps://mercantilerecord.com/financing/sba-lenders/2026-10-05T00:00:00Z2026-10-05T00:00:00ZThe Mercantile Record1,201 lenders made an SBA 7(a) loan in the last year. We list the 69 that made at least 100, with each one's typical rate, loan size and share of fixed-rate loans. SBA loan default rates by industry: what happened to 478,963 loanshttps://mercantilerecord.com/financing/sba-loan-default-rates-by-industry/2026-10-05T00:00:00Z2026-10-05T00:00:00ZThe Mercantile RecordWe followed every SBA 7(a) loan made from 2010 to 2019. 7.1% were charged off. See the rate for 73 industries, by loan size, and how long failure takes. SBA 7(a) loan rates in 2026: what 49,520 borrowers were actually chargedhttps://mercantilerecord.com/financing/sba-7a-loan-rates/2026-10-05T00:00:00Z2026-10-05T00:00:00ZThe Mercantile RecordWe read every SBA 7(a) loan approved from July 2025 to June 2026. The median rate was 9.5%. See rates by loan size, lender type, state and industry. SBA 7(a) loan calculator: payment, guaranty fee and APR for fiscal 2027https://mercantilerecord.com/tools/sba-loan-calculator/2026-10-05T00:00:00Z2026-10-05T00:00:00ZThe Mercantile RecordWork out the monthly payment on an SBA 7(a) loan, the upfront guaranty fee under the schedule that took effect October 1, 2026, and the APR once the fee is counted. Merchant cash advance calculator: turn a factor rate into an APRhttps://mercantilerecord.com/tools/mca-apr-calculator/2026-10-05T00:00:00Z2026-10-05T00:00:00ZThe Mercantile RecordA 1.30 factor rate is not 30% interest. Enter the advance, the factor, the fees and the payment to see the APR, the total cost and how much of your sales it takes.