An SBA Loan Could Accelerate Your Business Success
For small business owners, securing financing can be one of the most challenging obstacles to overcome. Fortunately, Elite Finance Inc. may be able to help with a small business loan through the SBA. With great terms and efficient processing, this may be the opportunity you’ve been looking for.
Small Business Administration loans are offered by lenders and are backed by the government. This allows small business owners to get better rates and larger loan amounts that may otherwise be possible.
- Long repayment terms
- Low, fixed rates
- Available for almost any business type
- Funds can be used for real estate, working capital, equipment purchases and more
- Great option for funding acquisitions
Although funding through these programs typically has a slower turnaround time than conventional loans, we strive to make the process as quick and efficient as possible. Better yet, since the terms are quite favorable, a Small Business Administration loan can be the key to lasting success.
Real Estate Purchases
Many borrowers use their small business loans to purchase or develop real estate. Elite Finance Inc. can offer funding for a variety of property types, such as:
- Hospitality buildings
- Healthcare facilities
- Automotive shops
- Multi-occupancy residences
- Mixed-use buildings
- Nonconforming properties
If you need to purchase new equipment for your business, an SBA loan may be able to help. You can use these funds to buy the tools that your team needs to operate.
- Heavy machinery
- Medical equipment
- Manufacturing equipment
- Machine tools
- Diagnostic equipment
- Printing machinery
Large Loan Amounts
Funding through a Small Business Administration program will typically have a higher financing amount than other loan types. This can be helpful when making major purchases such as acquiring another business.
We offer rapid prequalification based primarily on your cash flow and business management. You may be surprised by what you qualify for. So, don’t hesitate to learn more.
We are standing by to help you secure the small business loan you need. Contact our team today to get a free consultation and analysis of your financial situation.