If you owner-occupy 51% or more of the property, you will need to use an SBA loan. The SBA programs are generally intended to encourage small business investment in real estate, equipment, working capital and inventory. These loans can be for up to $5 million and have maturities of up to 25 years for real estate and up to 10 years for equipment, working capital, or inventory.
Acquisition, Refinance, Renovation, Working Capital, Equipment & Inventory purchase
Min $250,000 to $5,000,000
Maximum Loan to Value:
10 years for most assets / 25 years for real estate
Owner Occupancy Requirement:
Owner must occupy 51% or more or property
Low Down Payment on Purchase
Low Credit Minimum
Unrestricted Working Capital
Few Restricted Industries
Merchant Cash Advance Consolidations
Business Lines of Credit
The purchase land or buildings, including new construction as well as expansion or conversion of existing facilities.
The purchase of equipment, machinery, furniture, fixtures, supplies, or materials.
Long-term working capital, including the payment of accounts payable and/or the purchase of inventory.
Short-term working capital needs, including seasonal financing, contract performance, construction financing and export production.
Financing against existing inventory and receivable under special conditions.
The refinancing of existing business indebtedness that is not already structured with reasonable terms and conditions.
To purchase an existing business or new franchise.
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