The Best Choice for Small Business Loans
No matter the size of an organization, its success is tied to its ability to secure financing. At Abundant Business Capital, we recognize that one of the biggest challenges many small business owners face lies in finding the right lender to work with. As a Preferred SBA lender and designated Preferred Financial Service company, we process our small business loan applications expeditiously so that business owners can receive the funding they need right away.
Abundant Business Capital SBA Loan Products
Our primary goal is to provide your business with a variety of short and long-term finance products that can be tailored to the unique needs for your organizations. Many of our commercial finance solutions are funded by the Small Business Administration’s -SBA guaranteed loan division.
Our SBA loan products include:
7(a) loans are designed for use by most for-profit organizations, especially eligible retail, service and manufacturing establishments. Commercial property must be partially borrower occupied. Retail companies must have no more than $6,000,000 in sales, manufacturing entities must have 500 or less workers and service companies must have no more than 100 employees.
7(a) Small business loan benefits include:
- Loan proceeds can be used for business acquisitions, equipment lease and purchase, debt refinance and more. Borrower can apply to receive up to 80 % for business acquisition and up to 100% for equipment acquisition or debt refinance.
- Loans typically range from $200,000 to $5,000,000+, however smaller amounts are available (starting at $25,000).
504 loans are designed for small businesses who need long-term funding for various operational expenses. Financing is available depending on project specifications. Proceeds can be used to acquire businesses, restructure or refinance debt and for construction purposes.
504 loan benefits include:
- Borrower can receive up to 90% financing.
- Fixed and variable interest on all financing.
All small business loan products include market competitive interest rates, SBA guaranty fees and closing expenses.
Get Financed Today
If you are ready to get the financing you need for your small business, contact the lending experts at Abundant Business Capital today.