Small Business Loan

Your Quick Guide to Our SBA Loans

Small businesses help our economy grow. That’s why the United States government created the Small Business Administration – to provide help, information and financial resources to entrepreneurs. Lauredant Capital, LLC is proud to be a Preferred Financial Services company partnering with the SBA. We offer several of the Administration’s loan programs, designed to meet small businesses’ critical needs.

Lauredant Capital, LLC’s 7(a) and 504 Loans

You’ve likely heard of the Administration’s primary small business loan programs: 7(a) and 504. They’re somewhat similar in how they work, but they supply money for different purposes. The 7(a) program mostly lends for business development, with the funds going toward important needs:

  • Building and land
  • Fixtures and equipment
  • Inventory and supplies
  • Working capital
  • Refinancing debt

The 504 program usually lends funds for real estate and fixed assets. Businesses can allocate their funds toward land purchases, new building construction, remodeling, renovations, improvement and heavy equipment. These loans offer several great advantages:

  • Loan terms of up to 25 years
  • Available financing up to $5 million
  • Competitive variable and fixed rates
  • Full amortization
  • Up to 90% financing available
  • No penalties for early payoff

Business Acquisition Loans

The 7(a) and 504 programs aren’t the only ones offered by the Small Business Administration. We also partner with the SBA to offer business acquisitions financing. Upon approval, your loan comes with full amortization and no ballooning. You may qualify for up to 50% financing and terms of up to 15 years, with no penalties for early payoff. When we decision each loan, we evaluate each company’s management history and cashflow picture. Approvals occur in as little as 48 hours.

Learn About Your Options

Offering Small Business Administration loans is just one of the many ways in which Lauredant Capital, LLC helps small firms. With a wide range of commercial finance products, we have many solutions for short-term and long-term funding. Whether you want to consolidate debt, obtain new equipment or improve your cashflow situation, we can help. Contact our specialists today.