fbpx

The Right Business Loan For You

There are so many different loan options today that it can easily become overwhelming to figure out which program is right for you.
Conventional banks will only approve you if you have a well-established, profitable business. 
Some alternative lenders will lend to you if you meet certain revenue threshholds, while others only care about your personal credit quality.
Some lenders will lend you money based on your collateral, and others insist you have excellent business credit to get approved.
We work with many different vetted lenders that offer unique loan programs that work for all different types of borrowers.

We Get Business Loans Approved!

Many loan options available:

  • Low-interest credit lines
  • Long-term conventional bank loans
  • Term loans
  • Cash flow financing up to $500,000 with no collateral or personal credit requirements
  • Unsecured financing up to $150,000, even for startups
  • Asset-based lending 
  • Private money and alternative SBA loans 

Discuss Your Business Loan Options

Provide Us Some Basic Details About Your Situation And One Of Our Lending Experts Will Contact You

SBA 7(a) Business Loan Program

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.

Loan Purpose:

Acquisition, Refinance, Renovation, Working Capital, Equipment & Inventory purchase

Loan Amount:

Min $250,000 to $5,000,000

Maximum Loan to Value:

150%

Term:

10 years for most assets / 25 years for real estate

Owner Occupancy Requirement:     

Owner must occupy 51% or more or property

Other Details:

Low Down Payment on Purchase

Low Credit Minimum

Unrestricted Working Capital

Few Restricted Industries

Merchant Cash Advance Consolidations

Business Lines of Credit

SBA 7(a) Business Loan Program – Eligible Business Examples

  • Medical Facilities: includes dentists, chiropractors, veterinarians, surgeons, physical therapists and other businesses serving the health needs of the community.
  • Automotive Repair/Sales: includes auto repair financing, and financing for auto auction properties, used car dealerships, lube stations and towing companies.
  • Retail: includes independent food markets, liquor stores, laundromats, restaurants, bars, drugstores, outlet centers, strip malls, single-tenant properties, regional enclosed & unenclosed properties, and many other retail business types.
  • Light Industrial: includes warehouses, manufacturing facilities, and research and development properties.
  • Office: includes medical offices, mid-rise offices, office-over-retail properties, single tenant properties, and office buildings for legal, architectural and engineering professionals.
  • Service Businesses: includes any businesses which provide a service rather than a tangible product to their customers. Businesses include day-care, assisted living, and self-storage facilities.
  • Eligible properties must be owner-occupied but can have multiple tenants.
  • Many other types of business are eligible, please contact us and we can discuss your specific business

SBA 7(a) Business Loan Program – Eligible Use Of Proceeds

  • 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.

  • Other types of expenses can be approved as well, please contact us to discuss your specific use of funds
“Successful business owners and investors choose their partners wisely.  We work closely with you to develop and execute funding strategies to meet your unique business needs.”

contact us today

© 2020 All Rights Reserved