Starting a new business or developing your existing business needs a proper amount of capital to be used for different business purposes. SBA loans are ideal for buying a building that you will occupy 51%+ off with as little as 7% down payment.
Lending of America is a full-service commercial real estate lender. With lower down payments, competitive terms, and easy qualifications, we can assist your business in taking it to the next level by owning, not renting your business property.
Started in 1997 and backed by years of experience in this industry, Lending of America knows how to close your required loans faster and more efficiently than most brokers or lenders. Most essentially, the SBA reduces any possible risk for lenders so they can easily access the capital. As a result, small businesses get loans as per their needs making property ownership possible. Most small business owners can’t come up with 25-30% down payments but can come up with 7%.
We employ a highly professional and expert team that will closely work with you throughout the entire process systematically, precisely, and peacefully to prepare your SBA loan in a perfect way.
Discussing the eligibility criteria, it is simply based on business income, ownership character, and where the business operates. You should meet the size standards, be able to repay, and have a better business plan.
Don’t hesitate to call us!
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