Enrich Your Company With an SBA Loan
Whether you are trying to launch a startup or find financing for an established company, a small business loan could be the ideal solution. The SBA loans offered by Monument Capital Solutions have competitive terms and give you the flexibility to grow your business in a vast array of ways to help it grow and remain competitive.
Basics for Small Business Loans
Both new and established businesses can benefit from an SBA loan. Both types of companies can expect to receive loan amounts of up to $5 million with no pre-payment penalties. There are fixed and variable rates available depending on your company’s individual needs and there is no ballooning. Existing businesses often qualify for 15-year terms with 80% financing while startups stand to receive 25-year terms with 90% financing. Regardless of whether your company is new or established, you are free to use the funds you receive in any way necessary to improve the business. To determine eligibility for this avenue of financing, Monument Capital Solutions analyzes your business’ cash flow and how it is managed instead of focusing solely on credit history.
Benefits of Small Business Loans
When you secure a small business loan, you can use the funds to refinance, expand, purchase property or build inventory as needed instead of having to obtain separate loans for each specific reason. At Monument Capital Solutions, we work with nearly any property type, including child-care facilities, car dealerships and veterinary practices. We also finance all types of equipment, including the ones listed below.
- Heavy machinery
- Medical equipment
- Diagnostic tools
- Manufacturing equipment
- Printing and binding machinery
- Laundry and dry-cleaning equipment
Small businesses cannot survive in the marketplace without access to the right type of financing. Securing a small business loan from Monument Capital Solutions is an excellent way to set your company up for success. Contact us today to see if you qualify for this flexible avenue of financing.