Your Partner in Securing SBA Loans

One of the main strengths of the American business market is the many forward-thinking entrepreneurs there are out there. Unfortunately, many of these bright business minds are never able to bring their good ideas to fruition thanks to a lack of funding. If you’re a prospective business owner or have a small business that you need help with getting off the ground, we here at Imagine Funding Solutions can provide you with the financial resources that you need to succeed.

We carry the distinction of being a Preferred Financial Services company for the federal government’s SBA loan program. That means that we work only with those lenders to whom authority has been delegated to approve federal small business loans. When you choose to work with us, you not only get a financing partner that’s familiar with federal small business loan qualifications, but one that can get you your money much faster than other traditional lending institutions.

SBA Loan Options

Your eligibility for a loan through the federal government depends largely upon the industry in which you operate, the net operating income of your business, and the number of personnel you have working for you. Depending on where you currently are in relation to those factors, you could qualify for either a 7(a) or 504 loan. Loan amounts can range from $200,000 to $5 million for a 7(a) loan, to up to $12 million with a 504 loan. Terms from 7 to 25 years are available depending upon the type of financing that you need, such as:

  • Business acquisition
  • Equipment acquisition
  • Commercial real estate purchases
  • Debt refinancing

504 loans also carry with them added benefit of allowing you to carry both a first and second mortgage on select properties.

 

Don’t let your small business flounder due to an apparent lack of business capital, especially when there are programs in place to help secure your company’s financial stability. All you need is the help of our team here at Imagine Funding Solutions to connect you with the right lending partner. To find out more about qualifying for either a 7(a) or 504 small business loan, just give us a call today.