The 7(a) Loan Program is a financial assistance initiative offered by the U.S. Small Business Administration (SBA). It provides loans to small businesses for various purposes, including working capital, equipment purchases, and real estate. The program aims to help entrepreneurs who may not qualify for traditional bank loans. Loans under the 7(a) program can range from a few thousand to several million dollars, with repayment terms typically spanning up to 25 years. The SBA guarantees a portion of the loan, reducing the risk for lenders and making it easier for small businesses to access funding.