Tag: Loan

Loan Programs, South Eastern Economic Development (SEED) Corporation, sba loan programs.#Sba #loan #programs


Loan Programs

Sba loan programs

SEED Financing Programs

SEED operates four different loan programs, which provide funds in amounts ranging from $1,000 to $5.5 million. The programs are defined by both the dollar amount and use of the proceeds sought by the borrower except for the Micro Loan Program which often provides loans to start up businesses and those not yet bankable .

SEED s financing programs listed below are designed to work in conjunction with the lending including commercial institutions in the region:

SBA 504

Description: Fixed asset lending up to $5.5 million at competitive fixed rates.

Application Requirements: No application needed.

Revolving Loan Fund

Sba loan programsDescription: Gap financing up to $250,000 for working capital or fixed assets at below market interest rates.

Application Requirements: SEED application (.pdf)

Micro Loan

Description: Working capital and machinery and equipment loans up to $50,000 at competitive fixed interest rates.

Application Requirements: SEED application (.pdf)

For more information, please contact SEED Corp.

SEED is an equal opportunity lender and business assistance provider.

SEED Corporation, 80 Dean Street, Taunton, MA 02780

Quick Links

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Latest News

  • SEED Receives $25,000 from Rockland Trust for Small Business Technical Assistance November 6, 2017
  • SEED Makes Loan to Le Central Restaurant in Bristol, RI November 6, 2017
  • SEED Seeks a Commercial Loan Administrator and Part-Time Commercial Loan Assistant November 1, 2017

Copyright South Eastern Economic Development (SEED) Corporation | All rights reserved


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7 Small Business Loan Myths Busted, business startup loan.#Business #startup #loan


7 Small Business Loan Myths Busted

You may be intimidated by the idea of obtaining a small-business loan. In fact, you may have heard that it s nearly impossible to get approved for one. But you shouldn t believe everything you hear.

Business News Daily spoke with finance experts to debunk seven common myths about getting a business loan.

Myth No. 1: Getting a small business loan is the hardest thing you ll ever have to do.

Obtaining a loan for your small business is no easy feat, but it doesn t have to be an insurmountable challenge. Small business lending experts agree that the best way to avoid trouble is to prepare for the challenges that the application process may present.

A lot of the frustration around obtaining small business financing can be eased by doing your due diligence, said Michael Adam, founder and CEO of Bankmybiz, a site that connects business owners with business funders. Be prepared, and have all your documents ready to present to lenders. [See Related Story: Small Business Financing Trends: What You Need to Know]

Myth No. 2: You have to have perfect credit to get a small business loan.

Although low credit scores might have precluded you from getting a loan in years past, today s lending environment is more open to subpar credit ratings.

While traditional banks may be restrictive when it comes to obtaining credit, there are alternative options, said Michael Kevitch, president and founder of Small Business Funding.

Alternative lending sites such as Small Business Funding tend to base lending decisions on the financial realities of a business rather than the financial history of business owners. Specifically, Kevitch said, alternative lenders take a close look at business performance, industry type, time in business and cash flow before handing out a loan.

Editor s note: Are you considering a small business loan for your business? If you re looking for information to help you choose the one that s right for you, use the questionnaire below to have our sister site BuyerZone provide you with information from a variety of vendors for free:

Myth No. 3: The best way to obtain a loan for your business is through a bank.

Traditional lending institutions have been a mainstay of small business funding for many decades, and still are in some industries. But they are not the only sources of financing.

For business owners looking to borrow a relatively small sum (between $5,000 and $250,000), getting a bank loan is likely to be more trouble than it s worth, Kevitch said. However, he noted that bank loans may still be appropriate for business owners who need to borrow a large amount of cash, over a long period, and still get a low interest rate. Kevitch advised business owners to make sure they fall under those categories before applying through a bank.

Kevitch noted that alternative lending sources often provide faster approvals; sometimes, businesses can obtain access to the funds in as little as seven days, he said.

Myth No. 4: The worst way to obtain a loan for your business is through a bank.

Bank loans may not be the best option for every small business, but they re far from the worst funding option out there. In fact, for established businesses looking to grow at a moderate rate, traditional bank funding is generally a great option, Adam said. It s when a business doesn t fit those criteria that business owners should consider shopping around.

If you are a younger company, pre-revenue or low revenue but plan to grow very quickly due to the industry that you re in (e.g., health care, IT or software consulting) then a traditional bank loan may actually limit your growth, Adam said.

To decide whether a bank loan is right for your business, research both traditional loans and alternative funding sources. It s also important to know your business inside and out.

If you anticipate steady growth over the next few years, then a traditional bank may be best, Adam said. If you are growing like crazy and you know you will need to keep increasing your loan size by large increments each quarter, then entertain a nonbank lending partner, as banks may not be able to keep up with your needs.

Myth No. 5: The more money you ask for, the less likely you are to be approved for a small business loan.

You may find this myth floating around online forums and perhaps even hear it from well-meaning friends and family members. It s all right to ask for money, nonexperts will tell you; just don t ask for too much. While this might be reasonable advice in personal circumstances, there s not much truth to it in the business world.

According to Jess Harris, content and social manager of business lender Kabbage, a working paper from Harvard Business School revealed that banks actually prefer lending larger amounts because they make more profit from large loans in the long run. In turn, banks are cutting back on smaller loans.

Evan Singer, general manager at online Small Business Administration loan program SmartBiz Loans, said a business should apply for the amount it needs no more and no less. He recommends considering both how much money you really need to grow your business, and how much money you can afford to pay back every month.

Make sure that you have cash flow to make your loan payments, Singer said. That s the biggest thing that a [lender] is going to check that [the business owner] can actually afford to make their loan payments.

Myth No. 6: The most important thing you need in order to obtain a small business loan is a good business plan.

There are multiple perspectives on whether a traditional business plan still has a place in the loan application process. Some funding experts believe that the method of using a business plan to measure the likely success and fundability of a business is a bit outdated. Singer said that although traditional banks might still require business plans during the loan application process, online lenders typically don t look for it.

And although Adam agrees that most lenders won t require a full-fledged business plan, he does think that having a plan at the ready is always a good idea.

Every business should have some sort of business plan, Adam said. It s just a good practice to anticipate growth, set milestones and keep yourself accountable. If you don t have one, create one. You ll be glad you did in the long run.

Myth No. 7: The most important factor to look at is the interest rate.

Although interest rates are an important aspect to consider when choosing a lender, there are many other factors to keep in mind. Harris suggested asking how much it will cost, what the terms of the loan are, how soon you need to repay the money, and what you can use the loan for.

Ready to choose a loan? Visit Business News Daily s list of the best alternative small business loans.

Additional reporting by Elizabeth Peterson. Some source interviews were conducted for a previous version of this article.

Editor s note: Are you considering a small business loan for your business? If you re looking for information to help you choose the one that s right for you, use the questionnaire below to have our sister site BuyerZone provide you with information from a variety of vendors for free:


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Startup India Scheme, Standup India Loan Scheme (Application Form, Apply) – PM Jan Dhan

Startup India Scheme | Standup India Loan Scheme (Application Form, Apply)

This article will resolve all the quires related to Start Up India Stand Up India Loan Scheme. How to Apply, Tax Benefits and all other information, Offering of Startup India to Entrepreneurs, Key Features, benefits and Drawbacks. This Scheme will be launched by PM Modi on 5th of April 2016

Under This loan scheme a loan amount of rs 10 Lakhs to Rs 100 Lakhs would be given to SC ST and women entrepreneurs.

The startup ecology of India got its full pace soon, as the PM Modi revealed the Action Plan of Startup India Scheme this Saturday and it was done at an invitation only event of the Start Up India, Stand Up India. This event was held at Vigyan Bhawan on Saturday.

Start up business loan

What is actually Start Up India, Stand Up India

Structured by the Industrial Policy Promotion Department (DIPP), in conjunction with additional key players of Indian startup system, the initiative of Start Up India, Stand Up India focuses to rejoice the nation’s entrepreneurial character, and generate a strong bionetwork for fostering advancements and new business startups in the nation.

Prime minster Narendra Modi was very keen to introduce the Startup India, Standup India initiative in order to make the youth of the country stand in their own feet and create job opportunities for others. He declared a self-certification system with respect to nine environment and labor laws and stated there’ll be no check during the initial three years after launching the project. Speak to the initial conference of the entrepreneurs of start-up India, Modi declared an execution plan to advance such ventures that are witnessed as the key for employment generation as well as wealth creation.

Top Points from the Speech of the Prime Minister

The Government of India has been supporting farmers by providing them different kinds of loans for their farming practice and even allowing Debt relief on account of the harvested crops. Previous year PM Modi declared this scheme and said that the Indian youth have to focus on to create jobs and start their own businesses.

After five months of the announcement made by the PM, FM Arun Jaitley, inaugurated the ambitious scheme of the PM Modi on January 16 at Vigyan Bhavan in Delh and in that event about 1,000 entrepreneurs took part. The Ministry of HRD and the Science Technology Department are supporting as the associates to create over 75 of such supporting hubs in different NITs, IIIT), IISERs and NIPERs. With the 4,200 startups in India, the country ranks third internationally after UK and US however India still is in the 1 st place in Asia which sends Engineers and Scientist to the United States of America.

So to boost the former quantity and to lessen the later, India had planned the initiative of ‘Startup India, Standup India’. The section “Standup India” implies that the females and the entrepreneurs belonging to the SC/ST group should come forward and start their own businesses.

Offering of Startup India to Entrepreneurs

  • The initiative of Standup India supported by the DFS intents to mention Women as well as entrepreneurs belonging to the SC/ST group. They have designed in supporting 2.5 lacs of borrowers with the loans from different banks that one can pay back in seven years.
  • Prime Minister Modi declared that “There won’t be any income tax charged from the profits of startups’ for about three years”
  • One can register a venture within 24 hours utilizing the Narendra Modi app. One just needs to fill an online application form. The filling of form through this app reduces the tedious procedure of Registering. Efforts are currently going on to reduce the time spent in registering procedure of the Startups.
  • As well a fast system is to be introduced to fill applications for patents for the startups, assured by the Prime Minister Narendra Modi. “There‘ll be no negotiation on the quality however the thought is to provide the new opportunities to the new entrepreneurs’” he included.
  • Prime Minister Modi plans to decrease the attachment of the state governments in the initiatives of startups so that the entrepreneurs are able to enjoy liberty.
  • No tax will be charged from any startup up to 3 years after its start.

A Short Glimpse on the Startup India Standup India


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How to Start a Small Business, Bizfluent, start up business loan.#Start #up #business #loan


How to Start a Small Business

Start up business loan

Successfully starting a small business requires answering as many questions as possible before you open your doors rather than tackling problems after you’ve already launched. Researching the marketplace, writing a business plan and securing adequate capital are the basic steps to take when you start any small business.

Items you will need

  • Business plan
  • Credit reports
  • Permits, licenses, insurance

Research the Marketplace

Determine who your competition is by looking at companies that offer the same product, service or benefit you do. Visit their stores and websites and buy their products, if possible. Talk to potential customers about what they want from a company or product like yours, and what they think of your competitors. Look at the pricing in your marketplace to help guide you as you make your financial projections. Examine where your competitors are selling and advertising. Create a demographic profile of your best target customer using age, race, ethnicity, gender, marital or parental status and other characteristics.

Talk to the vendors and suppliers who will sell you materials and equipment, and the retailers or other distribution providers who will help sell your product. Explain your business concept to them and get advice regarding what they’ve seen in the marketplace you need to address.

Find out what legal steps you need to take, such as getting a local business permit, obtaining a state license, passing health department requirements, incorporating, getting a sales tax license or buying liability insurance.

Write a Business Plan

Visit the website of the U.S. Small Business Administration to learn what goes into a business plan and how to write one. You will need to provide an overview of your product or service, an analysis of your marketplace, a marketing plan and financial figures. Look for a SCORE chapter in your area so you can get free advice from retired executives on the first draft of your plan. You can also ask business friends and associates for advice.

Create a budget, dividing it into sections that list your pre-launch startup expenses and your post-launch operating costs. The budget should include the direct costs to make your product and the overhead costs to run the business. It also should show a break-even point and the profit potential. Create a first-year budget and a three-year budget. It often takes more than one year for a business to become profitable and pay back its initial startup costs.

Create a marketing plan that provides details on the following: your product, pricing strategy, distribution strategy, advertising strategy, public relations, promotions and social media. Don’t work on your marketing communications until you’ve determined your unique selling benefit, target customer, distribution channels and your brand or image in the marketplace.

Secure Capital

Get your personal credit in the best shape possible. Start by visiting AnnualCreditReport.com to get free copies of your three personal credit reports. If you apply for a business loan or credit card, lenders will evaluate your personal credit. Follow the steps required by Experian, Equifax or TransUnion, outlined on their websites, to challenge any incorrect information on your credit reports.

Review the budget you created to determine how much money you need to launch and operate your business until you are profitable. Calculate how much personal money and credit you have available and how much money you’ll need to raise from other sources. Decide how much of your company you are willing to give up in exchange for money from an investor. Contact your local bank to find out how to apply for a small-business loan or credit card.

Make your pitch to partners, friends and family or silent investors if you are seeking that type of money. Use your business plan to demonstrate that you have done your homework, have objective data that shows your concept is likely to work, and can project your income and expenses with hard numbers. Bankers and investors will often want to see your business plan and budget, according to Inc. magazine.

Meet with an attorney before you sign any legally binding documents to ensure you make no mistakes that can damage your company or you personally.


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Business Loans UK – Flexible Business Finance, new business loan.#New #business #loan


Business Loans

tailored for you

Borrow up to £500,000

  • Borrow £5,000 to £500,000 for up to 48 months
  • Unsecured and secured borrowing options
  • Receive funding in as little as 48 hours
  • Industry-leading flexibility, including penalty-free early repayments, top-ups and repayment holidays
  • Ongoing support from a dedicated relationship manager

Higher-value finance for established companies

New business loan

Companies that may not fit the strict criteria applied by many banks could find more success here as Fleximize uses its own unique credit-scoring model

The Daily Mirror

Born to revolutionize the finance world

Offering growing businesses the service traditionally reserved for the corporates

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We’re about empowering businesses

We created Fleximize because we think it’s wrong that great businesses are held back by a lack of funding. Having worked with small businesses, we know that there is a better way to predict a company’s growth and success than a computer-says-no algorithm.

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We believe that by taking some time to listen and understand what businesses are about, we can provide financing tailored to suit all types of businesses, and we will choose to lend to many of them.

We’re tech-focused but relationship-driven. This means a lightning-fast process from initial application to receiving your funds, plus a dedicated point of contact for you every step of the way.

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The Trustscore for Fleximize is 9.5 / 10,

based on 103 reviews

Discover choice. The smart way to borrow.

We’re innovating UK finance by introducing the UK’s first revenue-based finance product. You will receive an immediate capital lift in exchange for a small portion of future revenue at a fixed cost. No equity, just a percentage of your takings until your loan is repaid, allowing your business to grow organically.

At Fleximize, we strive to provide best-in-class service, flexibility and choice across all of our services. All of our business loan options offer truly flexible features that will continue to support business growth for as long as your business requires.

We offer top ups and repayment holidays, and there’s absolutely no penalty for early repayment. In fact, if you repay early you’ll only ever pay interest for the time you had the loan.

Every day we empower small businesses to grow by providing the finance they need to reach their potential. Start growing your business today with Fleximize.


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Business Loan – Business loan calculator, Ulster Bank, business loan calculator.#Business #loan #calculator


Business Loan – Business loan calculator | Ulster Bank

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Business loan calculator

Help and Support

We have expertise in

Other ways to bank

You are here: Republic of Ireland

Business loan calculator

Business loan calculator

Business loan

Our online application gives access to finance in 3 simple steps

Applicants must be over 18 years of age and resident in the Republic of Ireland. Lending is for business purposes only

Variable rate borrowers:

WARNING: THE COST OF YOUR REPAYMENTS MAY INCREASE

Structured repayments to suit your business needs

Flexibility to reduce your borrowing at any time during the term of the loan

Interest rate is variable and linked to Cost of Funds*

What we will need from you?

Financial information from your annual accounts or projections

All loans are subject to an arrangement fee of 1% of the loan limit paid at the time the loan is drawn down.

The above calculations are for illustrative purposes only not a finalised quote.

Lending is for business purposes only.

APR stands for Annual Percentage Rate

  • Apply online in just 20 minutes – don’t forget to have your annual accounts or projections to hand!
  • Provide an email address on your application and get updates every step of the way
  • We’ll aim to give you a decision within 5 working days
  • If we need additional information we won’t waste your time – we will let you know within 1 working day from receiving your application

Important Information

Credit facilities are subject to status and conditions. Security may be required. Applicants must be over 18 years of age. Formalities include the use of Credit Reference Agencies who will note that an enquiry has been made about you. If you borrow and do not repay in full, within the agreed terms, Credit Reference Agencies may be advised and will note the outstanding debt. This may affect any future applications for credit facilities through the Ulster Bank Group of Companies or other lenders.

Whether you are starting out, expanding or diversifying, we are keen to talk to you to see how Ulster Bank and the SBCI can help you move forward.


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Unsecured Business Loans, Get Up To $250, 000 Fast, Balboa Capital, unsecured business loan.#Unsecured

Get an Unsecured Business Loan in Just Days!

If you own a small business, you need access to capital to help your company grow and prosper. A great option for you to consider is an unsecured business loan from Balboa Capital. Unlike a traditional loan from a bank, an unsecured business loan can be approved without collateral or a near-perfect credit score. Plus, the application process requires far less paperwork. Our online loan application takes just minutes to complete, and we will provide you with a decision quickly. That means you won’t have to wait long to find out how much you might qualify for.

  • Easy Application/Quick Credit Decisions
  • Get up to $250,000 with Basic Information

  • Get up to $2 Million with Full Financial Package

    No Collateral? No Problem

    One huge benefit of an unsecured business loan from Balboa Capital is that it doesn t require any collateral. As a result, assets such as your house, business equipment and car are protected in the event that you can t repay the loan. It is worth noting that unsecured business loans typically have a higher annual percentage rate than traditional loans, but they are funded much faster.

    The Flexible Terms You Want

    Flexible payment terms are one key advantage of an unsecured business loan from Balboa Capital. Our term lengths typically range from 3 to 12 months and will be based on your unique credit profile. You can use your unsecured loan for any daily business need, including inventory, marketing, taxes, expansion, and more. Balboa Capital has a dedicated team that specializes in unsecured business loans. Over the years, we have helped business owners in all industries secure the fast cash they need, and we can do the same for you. To get started, complete the simple form on this page, or submit your unsecured business loan application directly through our website.


  • Business Acquisition Loans – Secured Loans Bad Credit Monthly Payments, business acquisition loan.#Business #acquisition

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    SBA Express Loan – No Collateral – Small Business Loan, sba business loan.#Sba #business

    The SBA Express Loan | No Collateral Small Business Loan | Up to 150K | Low Interest

    Sba business loan

    SBA Express Loan

    Up to 150K in 30 days

    • Connector.

    Unsecured / No Collateral

    No personal assets are used for collateral, unsecured business loans use only business assets as collateral

    Startup Financing

    Use it to purchase a SBA approved franchise or start a small business

    Working Capital

    Market your business, hire more employees, it s cash in your bank

    10 Year Term

    Low monthly payments help you grow your business

    Simple low interest rate

    Prime +2.75% , simple interest

    Client Testimonial

    Good evening. I wanted to thank you so much for guiding me through the SBA Loan process. Your help, advice, and encouragement helped draw the process to a very successful conclusion.

    I now am a new and growing Master Franchisee with the System4 brand. Providing Facility Services Management to my clients throughout the East Tennessee Valley.

    It certainly is a daunting task setting up ones own business and securing the lending required to be successful. Your knowledge of the SBA process and financial instruments available made all the difference in my own confidence level. Thank you again for all your help and the hard work of your entire office team.

    System4 of East Tennessee

    Speak with a SBA lending advisor

    Contact us to learn more

    Our Clients Love Working with First Financial

    First Financial has been an industry leader in franchise financing for over 25 years. Your approval is our #1 priority. Know who you’re working with; read what are clients have to say about us on Google Reviews.

    Sba business loan

    SBA Express Loan Requirements and Specifics

    Learn Why The SBA Express Loan is The Best Small Business Financing Option Available

    Loan advantages over other Financing options

    • Retirement funds and other personal liquid assets are not at risk and available for future use
    • No need to roll over a large portion of your 401K
    • The equity in your home will remain intact with no Bank Lien
    • No need for multiple Business credit cards with compounding interest

    Loan Specifics

    • 10 Year term
    • Interest Rate is WSJ Prime + 2.75%
    • Loan may adjust Quarterly if WSJ Prime increases
    • Fully Amortized loan paying Principal/Interest monthly
    • No prepayment penalty
    • Loan funds deposited into your business checking account
    • Funding in 30 to 45 days
    • Up to $150,000

    Applicant Criteria

    • Credit Score of 685+
    • Cash injection of 10% of the loan amount and no less than 15% in reserves
    • Revolving credit usage under 37%
    • No Tax Liens or Judgements that have not been released/satisfied
    • Bankruptcies must be over 36 months from released date

    SBA Express Loan FAQ

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    Sba business loan Sba business loan


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    SBA Small Business Loans, Guidant Financial, sba business loan.#Sba #business #loan


    SBA Small Business Loans

    Low-interest funding for new and existing businesses.

    Traditional Low-Interest Lending

    Small Business Administration (SBA) loans offer a practical method of small business financing for entrepreneurs looking to start, buy or expand a business. You can use the funds to purchase real estate, cover construction costs or to use as working capital.

    SBA small business loans offer attractive repayments terms and low interest rates. The loans are typically not directly from the SBA. Rather, the SBA encourages banks to lend to small business owners with preferable terms and multiple loan options. In return, the SBA guarantees 75 to 85 percent of the loan for the bank if the loan defaults.

    Guidant offers consulting services and packaging assistance for both SBA 7(a) loans and working capital loans.

    Sba business loan

    Learn about SBA loans from the industry experts

    Sba business loan

    Learn how the SBA Loan process works in our guide to business funding

    Find the best option for you

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    Use your retirement funds as a down payment on an SBA loan

    Learn how in this eBook

    Sba business loan

    Short on time? Sign up to learn how to fund your business fast

    Join us for a live webinar

    What is an SBA 7(a) Loan?

    Small Business Funding You Can Depend On

    SBA small business loans offer up to $5 million in financing that can be used for almost any business purpose, including start-up, acquisition or expansion. Loan proceeds can be used as working capital, revolving funds, or to purchase real estate, equipment, inventory, etc.

    Preferred by lenders and small business owners alike, SBA loans promise low interest rates, longer repayment terms and no ballooning costs, making monthly payments manageable for small business or franchise owners. Additionally, SBA 7(a) loans can be combined with other forms of small business financing to help you reach your funding needs. In fact, you could even use money from your retirement account to cover the down payment for an SBA loan with 401(k) business funding.

    Criteria Summary for SBA 7(a) Loans

    Sba business loan

    Funding Amount
    • $75,000 $5 million
    • Minimum $75,000

    Sba business loan

    Eligibility
    • 20% down payment for an existing business
    • 30% down payment for a start-up business
    • 640+ credit score
    • Personal collateral required
    • Industry experience preferred
    • Secondary income preferred

    Sba business loan

    Benefits
    • Low interest rates
    • Longer repayment terms
    • No ballooning costs
    • Can be combined with other forms of financing

    Sba business loan

    Time to Fund
    • 2 – 4 Months
    • Must have business to fund

    What is an SBA Working Capital Loan?

    Expand Your Growing Business

    Working Capital loans offer a simple small business financing solution for entrepreneurs needing $50,000 – $150,000 for business operations. These loans provide the same government guarantee and low interest rates as traditional SBA loans, but they can close in as little as 45 days — about half the time it takes to close a traditional SBA loan.

    Unlike other business loans that a require 20 – 30 percent down payments and must be secured by personal collateral, Working Capital loans only need 10 percent down and are secured by your business assets. Plus, Working Capital loans can be used in conjunction with Rollovers for Business Start-ups, so you can leverage your retirement funds to cover the down payment for the loan.

    Criteria Summary for SBA Working Capital Loans

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    Funding Amount
    • $50,000-$150,000
    • Minimum $50,000

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    Eligibility
    • 10% down payment
    • 690+ credit score
    • Paid franchise fee prior to funding (if applicable)
    • Business must be able to begin operations prior to funding
    • No recent bankruptcies

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    Benefits
    • Low interest rates
    • Quick time to fund

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    Time to Fund
    • 30 60 days
    • Must have business to fund

    Why work with Guidant for your SBA business loan?

    Sba business loan

    Your Shortcut to Success

    Guidant Financial makes it easy for qualified borrowers to obtain an SBA loan. Our streamlined process gives you immediate access to thousands of lenders with a single loan application. With our comprehensive loan package analysis, we ensure you’re matched with the lenders who provide the best loan rates and the greatest chances of approval. Guidant clients have a 96 percent funding success rate once a loan offer is secured from a lender.

    Not only will we help you find the lender that’s right for you, but we ll provide overall guidance through the SBA process and in-depth document review to ensure you have everything in line for approval.

    Sba business loan

    Simplified Loan Application

    Loan applications are extremely detailed and take a lot of work to put together. If you’re shopping lenders independently, each bank will require a separate application. But by working with Guidant, you’ll only need one loan application, which we’ll send to our large network of lenders to help you find the perfect fit.

    Sba business loan

    Better Terms

    When banks compete, you win. Because Guidant can apply to several lenders with a single application, we’re often able to present you with multiple loan offers, meaning you’ll have more flexibility when choosing your terms and conditions.

    Use Your Retirement Funds as a Down Payment on an SBA Loan

    ROBS + SBA: Keep Your Rainy Day Savings Intact

    One of the most beneficial ways to combine financing methods is to use 401(k) business financing with an SBA loan. This allows you to leverage your retirement funds for the loan down payment without triggering any tax penalties.

    While both SBA loans and 401(k) business financing have advantages as stand-alone programs, together they can increase your business budget, help protect your savings and lower your monthly payments.

    Sba business loan


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