SBA BUSINESS LOANS

Our SBA department works with a our funds and a network of SBA preferred direct lenders, and will help you finesse your application so that it gets approved, fast.

LOAN AMOUNTS


%150K to $5 million, or 140% of your CRE value

LOAN TERMS

10 & 25-year fully amortizing

TIME TO CLOSE

2-weeks to 90-days

RATES

W.S.J. Prime + 2.75% max. or fixed rate-low 5%'s

SBA Loans - The Small Business Secret Weapon

SBA Loans are your small business’s secret weapon because the Small Business Administration (SBA) created them to encourage lenders to finance entrepreneurs like you. By meeting certain criteria, the SBA insures a portion of your loan, making it more attractive to lenders. With lowered risk, the competition between lenders for your loan increases, getting you the best commercial loan rates and terms available.

Note: Even though we work with lenders in the SBA’s Preferred Lender Program (PLP), SBA loans typically take anywhere from 30 to 90 days to get funded. If you need funds fast, then check out our Fast Business Loans.

SBA 7(a) Loans - the Most Flexible

SBA 7(a) series loans are known to be the most flexible. They can cover amounts of less than $25,000 and go all the way up to $5 million. These loans may be used to:

   ✓ Purchase Land/Building for Your Business

   ✓ Finance Construction for Your Business

   ✓ Buy a Business

   ✓ Expand a Business

   ✓ Refinance Existing Debt

   ✓ Add a Marketing Campaign

   ✓ Buy Equipment or Machinery for Your Business

   ✓ Buy Supplies, Inventory for Your Business

SBA 7(a) can fund your business needs all the way up to $5 million. These loans are so flexible because they apply them for almost any legitimate business use.

SBA - 504 Loans

These loans are more complicated than SBA 7(a) loans, but they come with their own perks, including funding up to $9 million. To qualify for these loans, your business must be stabilized and own its own building. Projects that qualify for this type of funding include:

   ✓ Purchase an existing building

   ✓ Building a new facility

   ✓ Renovating an existing facility

   ✓ Buying land or make land improvements (i.e. parking lots, landscaping)

   ✓ Investing in machinery or equipment

   ✓ Refinancing debt incurred through the expansion, renovation, or repair

SBA 504 loans are so attractive because they provide you with up to 90% LTV financing, fixed interest rates, longer amortizations, and no balloon payments.

NEW! EXPRESS SBA Loans - 100% LTV and Fast!

Express SBA loans can be funded in 2 weeks and deliver 100% LTV on amounts from $50,000 to $150,000. Like SBA 7(a) loans, these express loans can be used for almost anything except for purchasing real estate for your business. You must have “good” business and personal credit to qualify for these loans, as the application includes an automated credit check. You can use these loans for:

  ✓ Working capital

   ✓ Investing in machinery or equipment

   ✓ Renovating an existing facility

   ✓ Purchasing inventory

   ✓ Consolidating business debt

Besides being the only SBA loan to offer 100% LTV, the SBA fees on these loans are waived! Another perk: no prepayment penalties.

Our Specialists will Close Your SBA Loan

Even though most clients are looking for SBA 7(a) Express, 7(a) or 504, there are still many elements to consider when applying for and effectively closing these loans. Luckily, our specialists are not only connected with hundreds of "PLP" lenders, but we’re also experts in the SBA loan application process. We’ll help you:

   ✓ Identify which SBA loan is right for you

   ✓ Make your application attractive while meeting the extensive criteria

   ✓ Secure multiple competitive offers from the nation’s top lenders

   ✓ Negotiate and Advocate on your behalf to close your SBA loan FAST

One application and one document request starts 48-hour underwriting pre-approval process. As the "Nexus" for hundreds of our network lenders, we can provide you with multiple competitive offers from the nation's top lenders. Unlike with other brokers, you’ll have a partner throughout the process who guarantees your SBA loan will close. On schedule.

SBA Loans for Every Business

Every company has its own unique requirements. The list of SBA loan uses gives your business all of the tools to succeed. Use SBA loans for virtually any business use including:

BUSINESS OR FRANCHISE PURCHASE

Start a new business or purchase a franchise - only with SBA.

MACHINERY/EQUIPMENT

Every business needs the right equipment to operate. Whether its computers or specialized diagnostics, SBA has you covered.

INVENTORY/SUPPLIES

Retail or other, the right inventory and supplies are required for success.

CONSOLIDATE DEBT

Most businesses accumulate debt during their early stages. Let SBA refinance and consolidate more expensive debt into favorable terms.

BUILDING IMPROVEMENTS & REPAIRS

Emergencies happen sometimes requiring expensive repairs. Whether you own or lease, your growing business may require other building improvements.

WORKING CAPITAL

Working capital provides a cushion for those unexpected expenses. Marketing, new hires, advertising - did we cover everything?

Need A Loan - But Not Sure Where to Start?

With our no-risk Loan Finder give just the basic information about your loan requirements and we'll instantly show you the options for your perfect loan. No credit checks, no documents, no obligation - just a clear picture of the right solution for you.
All in 3-minutes or less.

Melbourne, Florida
Dave Dambro, Branch Owner

100 Rialto Place | Suite 760
Melbourne | FL | 32901
888.959.1648
info@comcapfl.com

Weston, Florida
Jim Rohr, Branch Owner

4351 Weston Road
Weston | FL | 33331
954.614.0100
jim@commercialcapitalfl.com

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