United States Small Business Administration (SBA) Loan
Trust Alliance Capital has been helping entrepreneurs achieve their business goals for over 20 years 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 better rates and longer 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 QualificationsOperate 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 Million90% LTV
Owner Occupied All Property Types considered Including Hotels and Gas Stations Debt Coverage Ratio 1.25 No credit minimum 6%-8% Interest 25yr amortization 5yr, 10yr, 25 yr fixed Nationwide, no restricted industries SBA 504 Loan Size up to $10.0 MillionPurchase or Construction
90% LTV Owner Occupied Nationwide All Property Types Considered Debt Coverage Ratio 1.20 No credit minimum 20 yr and 25yr amortization 3yr, 5yr, 10yr, 25yr Fixed Terms 6%-8% Interest No Restricted Industries SBA Loan Use of ProceedsCommercial real estate (purchases, construction, or refinance)
Leasehold improvements Business expansions Machinery, equipment, furniture or fixtures Business acquisition 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 ConsiderationsBusiness 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 Ineligible Businesses Not Eligible for an SBA loan?Call us. We have several other programs that could work. We're flexible.
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Give Us a Call 208.534.8525