SBA LOANS
WE MAKE THE PROCESS SIMPLE AND EASY
TO APPLY AND GET FUNDED
TO APPLY AND GET FUNDED
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.
Who is Eligible for an SBA Loan?
Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesale, retail and service businesses as well as independent or franchise businesses.
Loan Qualifications
SBA 7(A) Loan Size $150,000 to $2.0 million
Loan Fees
Use of Proceeds
Other Credits Considerations
Contact us today about our SBA Loan Programs and other services.
There are a number of advantages to an SBA loan, including longer terms, no points and no balloon payments.
Who is Eligible for an SBA Loan?
Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesale, retail and service businesses as well as independent or franchise businesses.
Loan Qualifications
- Retail and service businesses with sales (3-year average) not exceeding $6 million to $20 million, depending on the industry
- Wholesale businesses with employees up to 100 regardless of sales volume
- Manufacturers with employees up to 500 depending on the industry, regardless of sales volume
SBA 7(A) Loan Size $150,000 to $2.0 million
Loan Fees
- Loan packaging fee: $750 to $2,000
- Fee is based on loan size, it is collected at the time of loan submission; refunded if declined by credit
- SBA guaranty fee: 1.70% to 2.60% of the loan amount
- Fee can be financed in the loan
Use of Proceeds
- Commercial real estate (purchases, construction, or refinance)
- Leasehold improvements
- Business expansions
- Machinery, equipment, furniture or fixtures
- Business acquisition
- Working capital (offered in conjunction with some of the above)
- Start-ups (ALL Franchises, Motels, Restaurants Gas Stations and C-Stores)
Other Credits Considerations
- 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
Contact us today about our SBA Loan Programs and other services.
Introducing The Hybridge™ SBA Loan!
What is a Hybridge™ SBA Loan?
The Hybridge SBA Loan was created from the demand of small business owners for a simpler, faster SBA process. If you want all the great terms and low rates of an SBA loan, but you can’t wait to get funded, then the Hybridge SBA Loan is the right choice for you.
The Hybridge SBA Loan was created from the demand of small business owners for a simpler, faster SBA process. If you want all the great terms and low rates of an SBA loan, but you can’t wait to get funded, then the Hybridge SBA Loan is the right choice for you.
***NOT ALL APPLICATIONS WILL BE APPROVED. ALL APPLICATIONS GO THROUGH UNDERWRITING AND A VERIFICATION PROCESS , AND MUST MEET THE LENDER'S UNDERWRITING AND PROGRAM GUIDELINES FOR FINAL APPROVAL AND FUNDING.
