SMALL BUSINESS LOANS, SBA
Would an SBA Loan Help Your Business Grow?
If you run a small business, you know the importance of securing the necessary capital to invest in your growth. However, finding investors and lenders that are ready to work with you can be challenging. Fortunately, the Small Business Administration works with lenders like SV Financial to make it easier. We can help you get a substantial loan with highly competitive terms.
Get Up To $5 Million
Under the 504 and 7a programs, we can offer you a loan as large as $5 million. This can be either fixed- or variable-rate depending on the program you select. We offer these loans with up to 90% financing and 25-0year terms. They are fully amortized and have no penalties for early payment. The rates are very competitive, typically beating any other option you may have.
Buy Real Estate
If you are trying to purchase, renovate or refinance owner-occupied real estate, one of these small business loans may be for you. These are some examples of the types of properties you could buy:
- Single-purpose buildings
- Healthcare facilities
- Childcare properties
- Automotive services buildings
- Nonconforming properties
Every team needs the right tools of the trade to be able to operate effectively. For major equipment purchases, an SBA loan could be the answer. These are some types of equipment you may consider purchasing:
- Production machinery
- Heavy equipment
- Diagnostic tools
- Medical equipment
- Trucking equipment
- Laundry machines
Acquire a Business
Another common use of this type of small business loan is to buy another business. When we make a decision about such a loan, we examine the cash flow and management of the company. We can prequalify you within two days. These loans typically have 15-year terms and up to 80% financing.