SBA Financing

 

SBA Financing

Two people sitting at a table with laptops and papers.SBA (Small Business Administration) financing offers you some unique opportunities to obtain capital for your business (real estate), inventory, consolidate debt and obtain working capital as well.
If you can qualify you will find SBA loans come with many advantages over another type of small business loan: lower interest rates and longer repayment terms. Loan amounts of up to $5,000,000 with 10 or 25 year terms depending on collateral. Not every small business loan is a fit for every small business owner. That includes SBA loans. Some business owners need cash faster than SBA loans can allow for, and others cannot. We provide all of the paperwork these intensive applications require. In these cases. We have other products that may be better suited for your needs and you can always work on building your business history and credit.


TWO NEW SBA Programs:

SBA/RNB FAST FINISH SBA Program

This new program will allow a fast underwriting process for a loan amount of up to $150,000 with a 10 year Term. This program requires you only show a SMALL profit, even one dollar !! Only one year time in business is required. While there are other requirements, this is a GREAT product with a LOW payment over 10 years. Rates are based on a factor over prime.
Call or email us today for more details on this product.


SBA/100-500k Program

This program allows a loan amount of up to $500,000 with a 10 or 25 year term depending on collateral. It is somewhat more stringent than the Fast Finish program but does allow for other “hiccups” on the application. Only 2 year’s time in business is required. Other requirements apply and we will be happy to offer you a FREE consultation on this or other products for your business.


SBA Traditional 7A Program

This program allows a loan amount of up to $5,000,000 with a 10 year and/or a 25 year term, or a combo of the two, depending if real estate is involved. This program is the traditional working capital SBA loan program many people are familiar with. It can be used for debt consolidation, add equipment, inventory, working capital and for other reasons as well. It is a full documentation program. We will work with you, collect review and present the documentation in the best possible way for you. Please contact us for more information. 


Some other Advantages of an SBA Loan are

Low Interest Rates

Capital Availability

Repayment Terms

Flexibility of Use


When you look at all of the advantages versus the negatives of an SBA Loan you can see that if you qualify it is a big advantage for a business owner to use this tool to further their business .
RNB Associates LLC has helped many business owner apply and close their SBA loans. We can help you also. Please contact us for a FREE Consultation on this or any product.