Small Business Loan

How Would an SBA Loan Help Your Business?

Sba LoansThe Small Business Administration has numerous programs to help companies like yours get the financing they need to succeed. The agency works with lenders like Toluca Lake Capital to offer highly competitive rates and larger loan amounts than would otherwise be possible. If you are interested in such a small business loan, we are happy to help you get started.

Up to $5 Million Available

Under the 504 and 7a programs, small businesses can receive up to $5 million. This comes with full amortization, 25-year terms and as much as 90% financing. Both fixed and variable rates are available, depending on which program you choose. There are no prepayment penalties. Most businesses qualify for significantly more than they would with bank loans and receive very low rates.

Acquire a Business

Alternatively, you can get an SBA loan to acquire another business or buy out a partner. These loans typically have 15-year terms and financing up to 80%. Like the other loans, they are amortized with no ballooning and no prepayment penalties. We will look primarily at the business cash flow and management to make our decision. You can get prequalified in 48 hours.

Buy Real Estate

Investing in real estate is a common reason to get one of these small business loans. These are few examples of the types of properties you could purchase, renovate or refinance:

  • Hotels
  • Motels
  • Offices
  • Gas stations
  • Healthcare practices
  • Nonconforming properties
  • Dealerships
  • Mechanics’ shops
  • Car washes
  • Single-purpose buildings

Purchase Equipment

Investing in equipment can require some significant capital. Typically, these loans can cover items that will last 10 years or more. These are some examples:

  • Production machinery
  • Heavy equipment
  • Vehicles
  • Printing machines
  • Laundry equipment
  • Diagnostic tools
  • Medical equipment

Contact Us Today

Contact Toluca Lake Capital today to learn more about SBA loans. We will help you get started with a free consultation and analysis of your needs.