Small Business Loan
Could A SBA Loan Boost Your Business Success?
The Small Business Administration works with Verdant Heights Global, LLC and other lenders to offer small businesses like yours better rates and terms on loans. If you need money to help your business grow, we may be able to help. We can turn around your small business loan application quickly and offer superior terms. There are many great uses for a loan like this.
Large Loans for Small Businesses
The goal of the Small Business Administration’s programs is to boost small businesses’ growth around the country. Under their 504 and 7a programs, we can offer you fixed- or variable-rate loans up to $5 million. The government will guarantee a large portion of the loan, meaning you can get a better deal. The loans are fully amortized and can have terms of up to 25 years.
One of the most common uses of an SBA loan is to buy equipment. If you need the tools of your trade, you may be able to use one of these loans.
- Production machinery
- Heavy equipment
- Medical equipment
- Diagnostic tools
- Transportation equipment
- Many more options
Real Estate Transactions
Another common way to use a small business loan is to buy, renovate or refinance owner-occupied real estate. These are a few examples of eligible building types:
- Office space
- Healthcare facilities
- Veterinary practices
- Automotive facilities
- Single-purpose buildings
- Nonconforming properties
Acquire a Business
If you want to buy out a partner to acquire a competitor, this may be the best solution. We will look at the management and cash flow of the business. We offer prequalification to help you make a better-informed decision. These loans are typically up to 15-year terms with as much as 80% financing.
Learn more about SBA loans from Verdant Heights Global, LLC. Contact us today to speak with a representative for a free consultation and analysis of your financial situation.