SBA Loans

The Right Partner for Small Business Owners

SBA LoansAsk any small business owner, and they’ll tell you that facing financial obstacles when getting your company off the ground is an inevitability. Unfortunately, some companies are never able to overcome those challenges due to a lack of adequate funding. What they didn’t know (and what we’re here to tell you) is that there are funding tools at your disposal to help you in establishing your business.

Funds are available through the federally-funded SBA loan program that are specifically designated to assist small business owners like yourself. All you have to do is meet certain size and net ROI requirements, and the benefits of federal business loan can yours.

7(a) Loans

The SBA-administered 7(a) loan program offers financing options of up to $5 million for small business expenditures. This includes 100 percent financing for equipment acquisition and debt consolidation, and 80 percent financing for business acquisition.

90 percent financing is available for commercial real estate purchases for any of the following properties:

  • Office Buildings
  • Warehouses
  • Manufacturing
  • Child Care Facilities
  • Professional Buildings
  • Hotels and Motels
  • Restaurants
  • Franchises

504 Loans

504 loans differ from 7(a) only in that they offer only 80 percent financing on equipment acquisition. They do, however, offer increased loan amounts up $12 million, as well as the option for first and second mortgages on select properties.

When setting up small business loans, we work with lenders to whom power has been granted to approve loan applications. That saves you the time of having to have extra sets of eyes review your loan application, allowing us to get you your small business loan that much faster.

You have everything you need to succeed as a small business owner; you just need the right financial partner to give you access to all of the assistance that’s available to you. We here at Hayes Lending Solutions are such a partner. We’ll help you to enjoy the benefit of an SBA loan by getting your application turned around in lightning speed. To find out more about the benefits that our status as a Preferred Financial Services company offers you, just give us a call.