Get Funds Efficiently and Affordably Through SBA Loans

Whether you are dealing with unexpected repairs or hoping to capitalize on a promising investment opportunity, your small business may require a loan at one point or another. At Commercial Money Lenders, we are proud to offer small business loans to entrepreneurs of all kinds. These loans are often quicker and more affordable than many alternative financing options.

Loan Basics

The Small Business Administration guarantees loans provided by certain financial institutions. This allows approved lenders, like Commercial Money Lenders, to reduce the risk and cost of their loans. Two common types of SBA loans include 7a and 504 loans. The former may involve either a fixed or variable interest rate while the latter is always fixed. The SBA sets fourth a number of eligibility requirements.

If you are purchasing another business, an existing business acquisition loan may be a good option for you. This loan has multiple benefits:

• LTV of up to 80%
• Amortization
• Quick approvals
• No prepayment penalties
• 15-year terms

For other situations, we offer another loan option that allows you to borrow as much as $5 million. This loan features terms as long as 25 years and LTVs of as much as 90%

Loan Uses

Our loans can be used by business owners working in a variety of industries:

• Hospitality
• Medical care
• Child care
• Car sales and repairs

Additionally, a given company may choose to invest borrowed funds in multiple ways. Some entrepreneurs may finance the renovation of their workspace, for instance, while others may decide to refinance previous debts. You may also opt to buy or build new premises.

Equipment Financing

Another key application of small business loans involves financing equipment. If your company uses pricier tools to provide your products and services, our loans may help you acquire or update the equipment you need. Whether you require materials for medicine, trucking or manufacturing, we have you covered.

Start Your Application Today

If you are ready to finance your company’s current need, whatever it may be, give Commercial Money Lenders a call today to begin your small business loan application.