At commerciallendingusa.com, we are also offering a long-term business capital or SBA loan. This loan requires a strong credit history and 3 years of profitable business and personal tax returns. The bank may require 60- 90 days for this type of loan approval. If you need funding within few days or may not have a strong credit or taxable income, then working capital will be your best option. Our experience team can offer you the best possible loan program to grow your business.
It is harder to find business long term loans without real estate transactions. We have several
Investors to structure and find the best match for your long-term working capital. Here are few
Up to $100,000 Line of Credit: It requires a minimum 2 years of business tax returns and 720 credit score. Estimated 5%- 8% interest rates with 7-10 years amortization.
Up to $250,000 SBA 7(a) Loan: Though has been designed for startup business, lenders are not comfortable to lend without a real estate stack. If you are running a business and prefer to extend, you may want to sign up to handle this loan. It will be a 2-3 months process and requires handling an experienced team. Estimated 5.5%- 9% interest rates with 6-10 years amortization.
Up to $2,000,000 Cash Out Refinance: If you have a low or no balance real estate property, cash out refinance will be another option to bring additional cash to buy a new business or expand your current business.
If you’re not sure exactly which loan product will be your best option, or would prefer to discuss with your consultant, please click on the contact us and fill out the form with your details.