RESOURCES
Everything You Need To Be Successful.
Financial Projections Software
Business Phone
Business Address
Business Domain Name, Website, and Email
Business Public Record
Business Licenses
Business Insurance
Business Vehicles
Business Assets
Business Travel
Business Credit
Business Events
Business Valuation
Business Attorneys
Business Accountants
Business Auditor
Estate Planning
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SBA 7(a) Loan
Use of Funds: Working capital, debt restructure, business acquisitions, franchising, equipment, startup, payroll, marketing, expansion, lease hold improvements, commercial property, and the list goes on...
Interest Rate: Prime + 2.75% (Depending on the loan size banks can charge up to 6.5%)
Terms: Up to 10 Years
SBA 504 Loan
Use of Funds: Commercial property for owner use. Must be 51% owner occupied. Not for real estate investing. Can include land, construction, furniture, fixtures, lease improvements.
Interest Rate: Prime + 2.75% (Depending on the loan size banks can charge up to 6.5%)
Terms: Up to 25 Years
SBA Express Loan
Use of Funds: All the same use as the SBA 7(a) loan. It is an SBA 7(a) loan but only up to $500,000 and fast tracked. Very few banks participate and they create unique programs around it. Minimum 1 to 2 years in business.
Interest Rate: Prime + 2.75% (Depending on the loan size banks can charge up to 6.5%)
Terms: Up to 10 Years