Small Business Loan – 1st Industrial Commercial Lending & Consulting

SBA Loans Built to Suit Your Business

When you are looking to put together a major investment that will allow your business prospects to take off, you need support that is designed to help you succeed. That’s why the Small Business Administration put together its 7a and 504 programs—to make sure that viable small businesses have the funding they need for equipment and facilities, and also to make sure that entrepreneurs can access funding when it is time to buy existing businesses. This helps keep communities strong by keeping jobs available in them, and it helps businesses by providing the investment they need to flourish.

Commercial Real Estate Financing

When you need a small business loan that will allow you to buy property for your facilities, the SBA has guidelines that allow for the purchase of a large number of properties with funding that is stable. That means you will get low fixed rates, regular monthly payments, and a loan that amortizes over a long term. Use it to purchase properties as long as you will occupy the majority of the square footage. That includes:

Auto repair shops and dealerships
Storefronts
Warehouse space
Office buildings
Gas stations
Restaurants

Acquisition Loans

If you are looking to purchase an existing business that has an income at or below $1.25 million per year, then the Administration is there to support that move too. Keeping successful small businesses running I one of the best ways to maintain stable employment, so the Administration has a vested interest in helping facilitate these sales, providing 15 year terms and amortizing loans.

Equipment Loans

Equipment loans with terms up to 25 years and low monthly payments are among the most popular programs we have, and that is largely thanks to 1st Industrial Commercial Lending and Consulting’s status as a preferred Small Business Association lender.