Finance Your Business and Equipment with SBA Loans
We can finance the equipment that you need for your business. Here are a few examples of the types of equipment we can include:
- Heavy equipment
- Machine tools
- Manufacturing equipment
- Printing and binding machinery
- Trucking equipment
- Diagnostic equipment
- Medical equipment
- Laundry or dry cleaning equipment
Loans for Real Estate
The real estate we can finance under SBA loans includes commercial and industrial properties as well as business real estate.
Some of the businesses we work with include hotels, motels, car dealerships, gas stations, car washes, car repair shops, day care centers and vet practices. We finance single- and multi-purpose buildings. We can finance nonconforming properties as well. Our loans can be used to build, purchase, refinance or renovate your business property.
Loans to Acquire an Existing Business
In order to approve SBA loans on existing business acquisition, we look at how the business is managed and what the cash flow is.
Here are some of the details of our loans for existing businesses:
- Term of 15 years is usual
- No balloons
- No prepayment penalties
- Amortized loans
- Up to 80% LTV financing