You Should Be Thinking About an SBA Loan for Your Small Business

At A-1 Capital Solutions, we understand that sometimes traditional is the best way to go. We are a Preferred Financial Services Company that works alongside the Small Business Administration to process SBA loan applications.

What You Need to Qualify

Qualifying for a small business loan tends to be a bit stricter than qualifying for other types of financing. For one thing, most businesses that receive an approval do so because they have been in existence for at least a couple of years. In addition, the applicant’s company will need to present financials to show cash flow how it has been managed.

The Loan Criteria

If qualified, our small business loans provide financing of up to 80 percent and carry 15-year terms. They amortized loans do not penalize if you if you repay them early, and you can become qualified in just two days in some cases.

Businesses That Qualify for SBA Loans

Business loans are available for nearly any types of small business, ranging from gas stations to childcare facilities. Other qualified buildings include:

  • Car repair shops and dealerships
  • Veterinary practices
  • Hotels and motels
  • Car washes
  • Single-purpose buildings and nonconforming properties

How to Use Your Loan

You can use the financing you receive for anything related to your business. Purchase or renovate property, buy supplies, pay vendors and employees or create a new advertising campaign. You might also consider financing your equipment, especially if your business requires expensive items such as medical equipment, diagnostic equipment or machine tools. Our loans are available in amounts of up to $5 million, depending on the size of your company. We provide variable fixed rates with both the 504 and 7a loan programs.

Find out if a small business loan can meet your needs. Talk to the financial experts at A-1 Capital Solutions by calling us or emailing us today.