Complete SBA closing binders,
computed from the rulebook.
Enter the terms; receive a signature-ready binder for SBA 7(a), 504, Express, or CAPLines — every form, note, agreement, and disclosure the closing requires, on the real government forms. Rate and fee limits are computed against the SBA's own rules and checked before anything generates. The bank's own paper drops in where its forms govern.
Run your first SBA binder at no cost. No credit card required.
Counsel review is recommended before execution.
The figures hold up under SBA review
A rate quoted at Prime plus 3.5 percent on an SBA 7(a) over $350K sits above the SOP cap of Prime plus 3 percent. Last quarter's rate carries into a new commitment letter. A guaranty fee rounds the wrong way and the SBA flags it in review. A closing disclosure drifts from the loan estimate and the TRID tolerance is breached. Each of these surfaces in diligence.
OpenShut computes every rate, fee, and payment to the program specification, reconciles each one to the term it was drawn from, and checks the output against the program rules before delivery. When a credit officer or an SBA reviewer opens a figure, it reconciles to the rule that produced it and the term it was drawn from.
SBA today, the lending desk next
SBA 7(a), 504, Express, and CAPLines generate complete binders today, each with its own document set, rate calculations, eligibility rules, and compliance checks. Expand any program for its scope. The rest of the lending desk is listed in the catalog below.
SBA 7(a)
Up to $5M22 docs
SBA 7(a)
Up to $5M22 docsLive today. Four-tier rate caps are applied per 13 CFR 120.214, from Prime plus 6.5 percent at $50,000 and less down to Prime plus 3 percent over $350,000, and guaranty fees from 2 to 3.75 percent are computed by loan size. The SBA forms 1919, 159, 148, and 1050 are reproduced from the current authority.
SBA 504
Up to $5M / $5.5M6 docs
SBA 504
Up to $5M / $5.5M6 docsLive today. The 50/40/10 structure of bank first lien, CDC fixed-rate debenture, and borrower equity is built from your deal terms, with the $5.5M cap recognized for manufacturing and energy projects per 13 CFR 120.931. Job-creation tests at $95K per job ($150K for small manufacturers and energy projects) effective October 2025 are applied, and the CDC debenture documents are produced as a separate set.
SBA Express
Up to $500K6 docs
SBA Express
Up to $500K6 docsLive today. SBA Express is the smaller, lender-delegated 7(a) path used for lower-complexity business credit up to $500K. OpenShut applies the Express 50 percent guaranty and loan-size limit, generates the required SBA forms and program checks, and leaves the lender's own promissory note, security agreement, and collateral documents to drop in where the institution's paper controls.
SBA CAPLines
Up to $5M7 docs
SBA CAPLines
Up to $5M7 docsLive today. SBA CAPLines is the 7(a) revolving-credit family for borrowers that need working-capital, contract, seasonal, or builder financing. OpenShut generates the CAPLines program binder, SBA forms, IRS Form 4506-C, W-9, and borrowing-base certificate workflow, with the lender's line-of-credit note, loan agreement, and collateral paper dropping in where the lender's forms remain operative.
Lending programs
The Commercial Lending catalog. SBA 7(a), SBA 504, SBA Express, and SBA CAPLines generate complete binders today. The remaining deal types are the planned lending desk, marked coming soon.
- SBA 7(a)Live
- SBA 504Live
- SBA ExpressLive
- SBA CAPLinesLive
- USDA B&IComing soon
- Ex-Im BankComing soon
- HUD/FHA MultifamilyComing soon
- Freddie Mac MultifamilyComing soon
- Conventional Commercial Real EstateComing soon
- ConstructionComing soon
- BridgeComing soon
- Hard-MoneyComing soon
- Fix-and-FlipComing soon
- MezzanineComing soon
- Equipment FinancingComing soon
- Asset-Based LendingComing soon
- Receivables and FactoringComing soon
- Standard Commercial Term LoanComing soon
- IntercreditorComing soon
- Subordinated DebtComing soon
The full SBA closing set
An SBA deal assembles the required program documents as one organized binder, aligned to the SBA closing checklist. For Express and CAPLines, OpenShut generates the SBA and program documents it controls, and the lender-specific note, line, and collateral paper drop in where the institution's forms remain operative. The statutory and regulatory clauses are reproduced verbatim from the authority they cite. Two documents are deliberately absent: the SBA rulebook does not require a separate loan agreement signed by the borrower, and business-purpose loans are exempt from the consumer settlement disclosures, so the binder carries neither.
14 Core Loan Documents
8 SBA-Specific Forms
8 SBA-Specific Forms
4 Additional Notices
4 Additional Notices
Your firm details, including wire instructions and bank information, are drawn from your organization profile and entered automatically. You can revise them at any time in Settings.
The underwriting carries to the binder
Enter the borrower's financials and the platform computes the coverage ratios, tests them against the program thresholds, and confirms eligibility before any document is drafted.
Income and cash flow
Gross and net income entered from the tax returns, the P&L, or the bank statements. Monthly and annual cash flow. DSCR computed from actual NOI. Debt-to-income across every obligation. Global cash flow for multi-entity borrowers.
Collateral and risk
Loan-to-value measured against the appraised value. Collateral coverage across all pledged assets. Liquidity relative to debt service. Borrowing-base figures for revolving facilities.
Program eligibility
SBA size standards by NAICS code. Owner-occupancy at 51 percent for existing buildings and 60 percent for new construction, on both 7(a) and 504. Use-of-proceeds restrictions. Rate-cap conformance. Guaranty fees computed by loan size and maturity.
Checked against the program rules before delivery
Once the documents are drafted, the binder is run against the federal and state rules that govern your specific deal, program, and state, and the result is recorded behind each clause.
Federal
- SBA SOP 50 10 8 rate caps, size standards, guaranty fees
- Ineligible business types screened per 13 CFR 120.110
- Owner-occupancy at 51 percent existing, 60 percent new construction
- SBA citizenship and ownership eligibility, current to the 2026 notices
- Environmental review triggers flagged by business type
- National Flood Insurance Act (SFHA determination)
- Business-purpose exemption applied, so no consumer TRID forms in the binder
- USA PATRIOT Act and GLBA privacy notices included in the set
State
- Usury limits for all 50 states, from the statutes on file
- Commercial financing disclosure laws (CA SB 1235 among them)
- UCC Article 9 perfection and filing by state of organization
- Governing-law state carried through every document in the set
Enter the deal
Program, parties, amounts, and dates — your firm's details fill in from your organization profile.
Confirm the figures
Select SBA 7(a), 504, Express, or CAPLines, and confirm every computed figure against the rule it comes from.
Download the binder
The full set, checked against the program rules and ordered for the closing table.
What you supply, what you receive
The inputs you enter and the documents the binder returns.
You provide
Jurisdiction
- Country (United States)
- State (auto-populated)
- Currency (auto-set)
Deal information
- Borrower name (required)
- Loan amount
- Loan purpose: purchase, refinance, cash-out refinance, construction, or bridge
- Loan program: SBA 7(a), SBA 504, SBA Express, or SBA CAPLines
- Property address
- Proposed interest rate (%)
- Proposed term (months)
The lender's own paper
- The institution's promissory note, where its form governs
- The line-of-credit note and loan agreement on Express and CAPLines
- Collateral and security paper the lender executes on its own forms
You get back
14 core loan documents
- Promissory Note
- Security Agreement
- Guaranty
- Commitment Letter
- Deed of Trust (when real property secures the loan)
- Assignment of Leases and Rents (real-property deals)
- Environmental Indemnity
- UCC Financing Statement
- Corporate Resolution / Borrower Authorization
- Borrower's Certificate
- Compliance Certificate
- Amortization Schedule
- Legal Opinion Letter
- Commercial Financing Disclosure (where the state requires it)
8 SBA-specific forms (when applicable)
- SBA Form 1919 (Borrower Information)
- SBA Form 159 (Fee Disclosure)
- SBA Form 148 (Guaranty)
- SBA Form 1050 (Settlement)
- SBA Authorization
- CDC Debenture
- IRS Form 4506-C
- IRS W-9
4 additional notices
- Flood Determination
- Privacy Notice (GLBA)
- USA PATRIOT Act Notice
- Disbursement Authorization
Each document is checked against the program rules built into the engine before delivery, covering usury limits, TRID timing, and the disclosure rules that govern your state, all retained in the audit trail.
Read a full SBA binder on your own deal.
Generate a sample SBA 7(a), 504, Express, or CAPLines binder and reconcile every figure and every cited clause for yourself.