Small Business Loans Designed to Help You Succeed

Every year, the Small Business Administration helps thousands of small businesses by providing them with access to the lending they need to grow. This is important because many lenders have a hard time finding a way to manage the risks that come from lending to smaller companies, and the SBA program ensures that the lenders have the guarantees they need to make these generous loans succeed. You need to apply for your loan through a provider, though, and not all providers are created equally. Preferred providers like Scott Capital Lending Group can process your application to provide you with determinations more quickly.

Commercial Real Estate Loans

If you are funding a new facility for your operation, you can access loans for up to $15 million that cover any facility you will be occupying the majority of, including a variety of specialty buildings that are industry-specific. Loans are built for long-term investment, too, so the Administration makes sure you will not have to worry about a high monthly overhead as you get established. Use them to purchase:

  • Storefronts
  • Warehouses
  • Office buildings
  • Restaurants
  • Gas stations
  • Auto repair shops

Acquisition Loans

If you are looking at purchasing an existing business, the SBA wants to make it easy to access the small business loan resources you need to do so. That’s because keeping businesses open in communities means keeping institutions that provide jobs and economic opportunity active. You can get up to 80 percent LTV on acquisition loans for companies with incomes below $1.25 million per year.

Equipment Loans

Last but not least, equipment loans are among the most popular offerings the administration makes available. With terms up to 25 years and high LTVs, these loans are designed to give the borrower every advantage in building a company.

Contact an associate today for more information or to start the application process.