Smart Financing May Start with an SBA Loan

The Small Business Administration is a great supporter of entrepreneurs. Through SBA loan products, you could get your business started on the right path or help an existing business expand and grow. At Steadfast Funding Partners, we can help process your loan quickly so you can achieve your business goals.

Small Business Loan Uses

At Steadfast Funding Partners, we offer you help with a wide range of business ventures. Our solutions can help you do any of the following:

  • Start a new business
  • Acquire a business
  • Make renovations to an existing business
  • Refinance existing loans
  • Purchase equipment

Additionally, your loan could be used for many different types of properties as follows:

  • Hotels
  • Veterinary practices
  • Gas stations
  • Car washes
  • Motels
  • Car repair shops
  • Single-purpose buildings
  • Child care facilities
  • Car dealerships

You can also use your loan for financing equipment such as:

  • Heavy equipment
  • Medical equipment
  • Machine tools
  • Printing and binding machinery
  • Laundry or dry-cleaning equipment
  • Manufacturing equipment
  • Trucking equipment
  • Diagnostic equipment

Small Business Loan Details

Loans are available up to $5 million. You can get 25-year terms with up to 90 percent of the value financed with fixed or variable rates under the SBA 504 and 7a programs. You also do not have to worry about paying prepayment penalties.

You may also be interested in business acquisition loans. To qualify, your business must have strong cash flows. These loans are offered at 15-years terms. With up to 80 percent financing and no prepayment penalties, these amortized loans can often be prequalified in 48 hours.

With so many options in a small business loan, we have solutions for almost any business. All it takes is contacting us now to talk with our professionals who can direct you to the product that best suits your needs.