Small Business Administration is a government agency that provides financial support to small businesses. SBA partners with approved lenders to provide a guarantee on a portion of the loan helping to reduce risk for lenders and giving small businesses access to funding that might not qualify for under conventional terms. SBA 7(A) and 504 programs provide benefits to new and existing business owners including long-term financing, improved cash flow and fixed interest rates. These loan programs can be used to finance start-up businesses, business acquisition, partner buyout, single-purpose real-estate properties, non-conforming real estate properties, working capital and long-term capital expenditures.

What Are the Benefits of SBA Loans?

It’s not surprising that small business loans are good for helping small companies grow. That’s exactly what this type of loan is about. Your business can use the funds for many purposes:

• Achieve key objectives: With capital, you can purchase equipment, expand your office, build a new store, or reach other long-term goals faster.
• Increase your revenue: Investing in business growth is smart because it helps you make more money in the long run.
• Work faster and smarter: When you have top-tier equipment, your team can perform jobs more quickly and offer services that competitors can’t.
• Become an industry leader: Small businesses can compete with larger companies thanks to loans that put technology within reach.

The most competitive SBA loan programs in the country:
Several programs to fit your capital needs from $25,000 to $12,500,000

• Up to 25 Year Fixed Terms for real estate transactions.
• Track Specialty program for loan requests less than $350,000.
• We specialize in high LTV commercial real estate loans, working capital and debt consolidation utilizing the SBA.

For example, retail stores can improve their operations by using a small business loan to purchase new point-of-sale systems and other next-gen technology. Construction businesses can increase their work capabilities by investing in heavy machinery.

What Does the Application Process Involve?

Applying for SBA financing requires you to have at least two years of business experience. You also need to have enough working capital to cover the monthly payments. Our team can help you understand the application process and answer your questions about financing goals.