Ask yourself:

• Do you want to purchase real estate or equipment rather than lease?
• Would you like to expand your current facilities?
• Do you have a need to refinance existing debt on better terms?
• Are you wanting to expand business operations?
• Are you considering a partner buy-out or business acquisition?
• Could your business benefit from an infusion of much needed working capital?

• Lower down payments / equity injection
• Longer finance terms
• Fully amortizing loans
• Reasonable loan covenants
• Competitive rates

Examples of satisfied SBA 7(a) Loan Customers:

• Daycare/children's learning center: expansion/new construction project. Included ground up construction of a new day care center: machinery, equipment, furniture and working capital. $474,600, 10% down payment, 20 year fully amortized with an additional 12 months interest only for construction period.
• Advertising agency: real estate acquisition/rent replacement. Included acquiring an owner occupied office building. $5,000,000, 20 year fully amortized, 10% down payment.
• Funeral Home: Debt Refinance. Consisted of refinancing/consolidating debt and increasing working capital. $2,812,000, 15 year fully amortized, 100% financing.

Examples of satisfied SBA 504 Loan Customers:

• New Truck Stop/Travel Center: New Construction. Covered ground up construction of a new truck stop, including construction soft costs, machinery, furniture and equipment. $5,441,200, with a $3,200,700 1st lien, and a 2,240,500 2nd lien. 10 year term with 20 year amortization with an additional 18 months interest only for construction period 1st lien. 20 year fully amortizing 2nd lien, and 15% down payment.
• Hog Facility: Real Estate Business Acquisition. Included the purchase of an existing hog facility. $1,000,000 with a $575,000 1st lien and a $425,000 2nd lien on a 10 year fully amortized 1st lien and a 20 year fully amortized 2nd lien. 13% seller carry down payment.