Need more capital to start, grow, and expand? The SBA Loans might just be what you need!
SBA loans help you get the money you need for your business, whether you need it for new equipment or to get it started. Partially backed by the U.S. Small Business Administration, these loans are good for both borrowers and lenders because they make it easier to get money and lower the overall risk of lending.
Where can you use SBA Loans?
Small businesses can get SBA loans to pay for a wide range of business costs, such as:
If you want to offer more services or hire more people, buy land or build a building.
Supplies and equipment
Buy or rent things your business needs, like commercial-grade equipment, so you can run it more efficiently.
Expansion and improvement
Add, change, or improve structures that are already there.
Normal operating costs
When you start your business, you'll need to pay for things like rent, utilities, and insurance, which are normal operating costs.
Pay for the costs of starting up, like buying inventory or paying employees.
Debt consolidation, refinancing, and repayment
Manage your business's outstanding debts, such as through consolidation, to lower the costs of paying them back within the limits of the SBA program.
Interested? Contact us today and apply for the SBA loan you need!
If you’re considering applying for an SBA Loan, speak to one of our financing advisers.
We will help you with the following:
- Find the best type of loan for your needs
- Check for your loan eligibility
- Understand competitive rates, fees, and repayment terms
- Find you a lender
- Prepare required documents
Contact us today and apply for the SBA loan you need!