A $1 million business loan is seven-figure capital for acquisitions, real estate and serious expansion. Lenders underwrite it thoroughly — but with strong financials, collateral and a clear plan, it is very achievable.
What a $1 million loan can do
- Acquire a substantial business
- Buy or develop commercial real estate
- Fund a major multi-site expansion
- Recapitalize or consolidate large debt
Preparation wins: at $1M, a strong financial package — tax returns, statements, projections and collateral — is what separates approvals from declines.
Which loan types reach $1 million?
SBA 7(a) (up to $5M) and 504 loans, commercial real estate loans, and large acquisition and term loans reach $1 million and beyond.
What you'll typically need
| Requirement | Typical minimum |
|---|---|
| Time in business | 2+ years (established) |
| Annual revenue | $1,000,000+ |
| Credit score | Varies by product; revenue-based options are flexible |
| Documents | Application + bank statements (financials for larger amounts) |
Not sure how much you qualify for? Try the loan calculator or just get matched below — we'll show the amounts and terms you're eligible for.
Other amounts: $50k · $100k · $250k · $500k · $1M
Frequently asked questions
Can I really get a $1 million business loan?
Yes. SBA 7(a) alone goes up to $5 million. Seven-figure loans require strong credit, established revenue, collateral and a clear use of funds.
What is the best way to fund $1 million?
SBA loans offer the best rates and terms for qualified borrowers; commercial real estate loans suit property; large term loans suit flexible use.