YOUR CAPITAL SOURCE
SBA Loan Application
Owner Occupied CRE, Equipment, Inventory and Acquisition Loans
Grow your business with Small Business Administration loans. SBA loans are partially backed by the federal government, giving lenders the support to lend to small businesses often overlooked by banks and larger lenders. Have you previously applied through a bank and been denied? We can help you become “applicant ready.” SBA loans come with a number of benefits, including low interest rates and flexible terms. Your application may take longer than other types of loans to close, but because of their benefits, Small Business Administration loans are a great way to advance your business.
504 SBA Owner Occupied Building loans
With up to $5 million available per qualified business, and competitive rates to help you manage payments and gain equity, SBA 504 loans offer a great opportunity for a broad range of businesses. Purchases under the 504 must be owner-occupied with your business using more than 51% of the property.
Make a significant capital investment to avoid annual rent increase, manage your income, and sublet space for an additional revenue stream.
SBA Equipment Loan
Small businesses can apply for up to $5 million to apply to equipment used in everyday operation of your business. Medical equipment, scientific technology, computers, servers, imaging equipment, CNC machines, industrial vehicles, laser cutters and more. Much of the equipment purchased under this program will be capitalized over three, five, ten years or more. During your application you will provide evidence of proficiency and demonstrate the need for the additional resource to advance your business.
SBA Inventory Loans
Funds to increase inventory are available for small businesses under the microloan program for those seeking $50,000 or less. Businesses seeking $50,000 up to $5 million are eligible under the 7(a) program. Inventory loans are based on past performance and a sound business plan, demonstrating your path to increased sales.
Whether you are a B to B distributor, retailer or you provide parts and labor, there is likely an SBA option that will match your industry and business objectives.
SBA Business
Acquisition Loan
Purchasing a going operation comes with a number of benefits including an existing customer base, negotiated contracts with suppliers, an existing location, trained employees and a name brand recognized in the marketplace. Whether you are buying a franchise, a local business or a B to B service provider, SBA loans can help you make the purchase and get on with running your business. Pay off the loan as you operate.
Let us know about your business and financing objectives.
New Market Commercial Funding
25550 Grand River Avenue
Redford, MI 48240
info@newmarketfunding.com
855-215-6092
Get Started
