SBA

SBA Real Estate Loan/Owner-Occupied Commercial Real Estate

One of the best financial moves a small business can make is to purchase real estate. Whether your company needs a new office, warehouse or retail space, buying the building gives you a lot more flexibility with your operations.

Real estate can be prohibitively expensive, particularly for companies without extensive sales or credit history. The SBA can help finance these projects and guarantee loans up to $5 million.

If you want to turn the property into an income opportunity, the SBA does allow for owner-occupied buildings. As long as you utilize 50 percent of the space, you can rent the remainder to other tenants. Call us to find out more about how these loans can enhance your business operations.

SBA Loans

For many small business owners, financing through a traditional lender can be tough. Fortunately, if you’ve been struggling to get a loan, the Small Business Administration can help.

SBA loans work by guaranteeing a majority of the principal balance, which results in more lenders being willing to grant money to small companies. However, while these loans can come with many benefits, the approval process can be lengthy and relatively complex.

If you’re trying to get an SBA loan, give us a call. We can walk you through the application so there are no surprises. Best of all, these loans can cover a broad array of business needs, so the possibilities are incredible.

SBA Equipment Loan

Many businesses need high-end equipment and machinery to fulfill orders and serve their customers. However, if you own a new company, buying these materials can be cost-prohibitive because of a potentially low credit score.

Equipment loans are an excellent workaround, as the loan is designed to pay for specific items related to your operations. Best of all, the equipment itself acts as collateral for the loan, so it’s easier to qualify.

The SBA does have an equipment loan program that works well for new businesses. To qualify, you have to illustrate the machinery’s value and how you will use it for daily operations. To ensure that there are no snags along the way, we can assist you with the application process.

SBA Inventory Loans

One challenge that many retail businesses face is anticipating customer demand. Because inventory has to be purchased beforehand, it’s crucial to have enough items in stock. An inventory loan is an excellent way to ensure that your business is ready for the next big trend, as well as seasonal sales.

Two SBA programs can work as an inventory loan. If you need to borrow $50,000 or less, you’ll have to use the microloan application. For amounts between $50,000 and $5 million, your business will need to apply for a 7a loan.

Both of these options will borrow against future sales, so a sound business plan is equally or more important than your credit score. Call us today so we can walk you through the loan process.

SBA Business Acquisition Loan

As your small business expands into new territory, it sometimes makes sense to purchase other companies to increase your market share.

There are many benefits of acquiring the competition, such as getting inventory, infrastructure and a built-in customer base.

The SBA does offer acquisition loans, but they are difficult to obtain. Your business will have to show comprehensive documentation to illustrate the strength of your sales, the value of the company you’re trying to buy, and that you can repay the loan on time.

With a business acquisition loan, the funds are underwritten by future earnings, so the more profitable you are, the easier it is to qualify. Call us to make sure you have all of your paperwork in order before submitting your application.

Address: 885 Gold Hill Rd, Suite 454, Fort Mill, SC 29708
Call: 855-735-BRAC (2722)
Email: solutions@mbraccapital.com
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