Could a SBA Loan Be Ideal for Your Business?

At Bosley Financial Group, the Small Business Loan Program is a smart avenue of financing for quite a few businesses. Because Bosley is a Preferred Financial Services company with the approval of the Small Business Administration, we can process a SBA loan quickly and effectively.

Financing Commercial, Industrial and Real Estate Properties

Whether you would like a business loan to purchase, renovate, refinance or build, a SBA loan can help. Here are a few examples of the property types Bosley works with.

  • Gas stations
  • Car repair shops
  • Car dealerships
  • Veterinary practices
  • Hotels
  • Motels
  • Car washes
  • Child care facilities
  • Single-purpose buildings
  • Nonconforming properties

Qualification Criteria and Loan Basics for Existing Business Acquisition Loans

We look for a few indicators when we approve existing business acquisition loans. Primarily, we look at the cash flow of your business plus how well it is managed. You can become prequalified in as little as 48 hours. The loans tend to carry 15-year terms and have financing of up to 80 percent. The loans are amortized, with no ballooning. No prepayment penalties, either!

Finance Your Equipment

Our SBA loans cover equipment financing. Examples of covered equipment include:

  • Machine tools
  • Trucking equipment
  • Medical equipment
  • Laundry or dry cleaning equipment
  • Manufacturing equipment
  • Printing and binding machinery
  • Heavy Equipment
  • Diagnostic Equipment

Loan Amounts of Up to $5 Million

We can give you loans of up to $5 million with flexible terms and competitive rates. Like with existing business acquisition loans, you do not need to worry about prepayment penalties. We offer financing of up to 90 percent over 25-year terms with full amortization. Our rates are both fixed and variable with the 7a and 504 programs.

Contact Us Today

There’s no time like the present to get in touch with us! We can talk about your loan needs and send you an application. Email us at info@bosleyfinancialgroup.com, or call 954-579-3226.