SMALL BUSINESS LOANS
What You Need to Know about SBA Loans
Capital Funding Source’s goal is always to find the financial solution to suit your business needs. A small business loan is an ideal way to finance big structural changes like renovating and refinancing for many businesses. We can easily process an SBA loan since
Properties We Finance
Small business loans are ideal for renovating and making other big purchases. A few examples of the properties we have experience with include:
- Car dealerships
- Auto repair shops
- Hotels and motels
- Gas stations
- Childcare facilities
We can also help if your property doesn’t fit into any of the above categories.
Another important business cost that an SBA loan can help with is the cost of buying equipment. Examples of equipment we can finance include:
- Printing and binding machinery
- Medical/diagnostic equipment
- Dry cleaning equipment
- Manufacturing equipment
- Machine tools
- Trucking equipment
How to Qualify for an Existing Business Acquisition Loan
One specific type of SBA loan we offer is an existing business acquisition loan, which is specifically for clients who want to purchase an existing business or franchise. The primary factor taken into consideration for this loan is the business’s cash flow. Credit history and how well you manage your business are considered to a lesser extent. If you do qualify, benefits of an SBA existing business acquisition loan include:
- Financing: 15-year terms with up to 80 percent financing.
- Easy Approval: Prequalify in as little as 48 hours.
- No Prepayment Penalties: Pay as much as you want.
- Amortization: Don’t worry about your loan payments ballooning over time.
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113 9th St, #1062
Glenwood Springs, CO 81602