SBA Loans for Texas Assisted Living Facilities: Complete Guide
SBA loans offer Texas assisted living facility owners attractive financing with lower down payments, longer terms, and competitive rates. Texas's strong SBA lender network makes these programs particularly accessible for ALF operators.
Interested in SBA Financing for Your Texas ALF?
Jaken Finance Group is an experienced SBA lender for assisted living facilities.
Get Your Free SBA Loan Quote →SBA Loan Programs for Texas ALFs
SBA 7(a) Loan Program
| Feature | Details |
|---|---|
| Maximum Amount | $5 million |
| Down Payment | 10-20% |
| Interest Rate | Prime + 2.25-2.75% |
| Term | Up to 25 years |
| Use | Acquisition, refinance, working capital |
SBA 504 Loan Program
| Feature | Details |
|---|---|
| Maximum Amount | $5.5 million (CDC portion) |
| Down Payment | 10-15% |
| Interest Rate | Below market |
| Term | 10, 20, or 25 years |
| Use | Real estate, construction, equipment |
SBA Loan Eligibility for Texas ALFs
Business Requirements
| Requirement | Details |
|---|---|
| Business size | Under $7.5M average annual receipts |
| For-profit | Must be for-profit entity |
| Owner-occupied | 51%+ for existing buildings |
| Good character | No criminal history issues |
Financial Requirements
- Credit score: 680+ preferred
- Debt service coverage: 1.25x minimum
- Personal guarantee: Required from 20%+ owners
- Equity injection: 10-20%
Not Sure If You Qualify?
Our team can pre-qualify you for SBA financing in minutes.
Check Your Eligibility →SBA Loan Rates and Terms (2026)
Current Rate Environment
| Loan Type | Rate Range |
|---|---|
| SBA 7(a) Variable | Prime + 2.25-2.75% |
| SBA 7(a) Fixed | 8.5-10.5% |
| SBA 504 (20-year) | ~6.0-6.5% |
SBA Loan Application Process
Timeline
| Phase | Duration |
|---|---|
| Pre-qualification | 1-2 weeks |
| Application | 2-3 weeks |
| Underwriting | 3-6 weeks |
| SBA approval | 1-3 weeks |
| Closing | 2-4 weeks |
| Total | 9-18 weeks |
Texas SBA Loan Example
Scenario: Acquiring 50-bed ALF in Houston
| Item | Amount |
|---|---|
| Purchase price | $5,000,000 |
| SBA 7(a) loan | $4,500,000 (90%) |
| Down payment | $500,000 (10%) |
| Interest rate | 10.5% |
| Term | 25 years |
| Monthly payment | ~$43,500 |
Related Texas ALF Resources
Ready to Apply for SBA Financing?
Jaken Finance Group makes SBA loans simple for Texas assisted living facilities.
Get Your Free SBA Loan Quote →Disclaimer: This information is for educational purposes only. All financing provided by Jaken Finance Group, subject to SBA and lender approval.