We have been designated as a Preferred Financial Services company by SBA lenders to have loans processed more quickly and efficiently than many others.
There are a number of advantages to an SBA loan, including longer terms, no points and no balloon payments.
Commercial real estate (purchases, construction, or refinance)
Machinery, equipment, furniture or fixtures
Working capital (offered in conjunction with some of the above)
Start-ups (ALL Franchises, Motels, Restaurants Gas Stations and C-Stores)
Business must have adequate historic cash flow to cover the proposed debt
Business debt to net worth must meet industry averages
Borrowers must be actively involved in the day-to-day operation of the business
Satisfactory personal credit histories are required for all principles and guarantors
No past bankruptcies or felony arrests
Please feel free to contact us with any questions.