United States Small Business Administration (SBA) Loan
Trust Alliance Capital has been helping entrepreneurs achieve their business goals for over 12yrs through SBA loans. Looking to expand your business, acquire another business, buy new equipment, refinance, or consolidate debt? An SBA loan will help you achieve your goal. SBA loans offer higher Loan-To-Value than conventional loans and have great rates and long terms.
Who is eligible for an SBA loan?
Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesale, retail and service businesses as well as independent or franchise businesses.
SBA Loan Qualifications
Operate for profit
Be small, as defined by SBA
Be engaged in, or propose to do business in, the United States or its possessions
SBA 7(a) Loan Size up to $5.0 Million
All Property Types considered Including Hotels and Gas Stations
Debt Coverage Ratio 1.25
No credit minimum
5yr, 10yr, 25 yr fixed
Nationwide, no restricted industries
SBA 504 Loan Size up to $10.0 Million
Purchase or Construction
All Property Types Considered
Debt Coverage Ration 1.20
No credit minimum
20 yr and 25yr amortization
3yr, 5yr, 10yr, 25yr Fixed Terms
No Restricted Industries
SBA Loan Use of Proceeds
Commercial real estate (purchases, construction, or refinance)
Machinery, equipment, furniture or fixtures
Working capital (offered in conjunction with same of the above)
Start-ups (ALL Franchises, Motels, Restaurants Gas Stations and C-Stores)
Other SBA loan Credit Considerations
Business must have adequate historic cash flow to cover the proposed debt
Business debt to net worth must meet industry averages
Borrowers must be actively involved in the day-to-day operation of the business
Not Eligible for an SBA loan?
Visit our Working Capital page. We will consider any business type loan under our working capital program... as long is it makes sense.
Give Us a Call 1.800.763.2810 Ext 100