WHAT IS AN SBA LOAN?
An SBA loan is a loan for up to $5 million that is guaranteed by the government’s Small Business Administration. The SBA has a variety of loan programs that your personal business banker will help you understand.
By taking the time to get to know your business, we can put together the right loan or loans to help you get where you want to go.
7(A)
General purpose (real estate, equipment, business purchase, expansion)
Up to $5 million
504
Real estate
Up to $10 million
10% investment by borrower
USDA Business Loans
Purchase of real estate, machinery and equipment, or working capital
Up to $10 million
Must meet qualification of a rural area business
Express Loan
Up to $250,000
DO I QUALIFY?
SBA loans offer businesses like yours a great funding option because their qualifying standards are more flexible than other types of loans. Providing carefully prepared, up-to-date documentation will help:
•Balance sheets from the last three fiscal year-ends
•Income statements showing profits or losses for the last three years
•Cash flow projections indicating how much you expect to generate to repay the loan
•Accounts receivable and payable aging broken into 30-, 60-, 90- and past 90-day old categories
•Personal financial statements from you and your business partners listing all personal assets, liabilities and monthly payments
•Personal tax returns for the past three years.
To find out if an SBA loan is right for your business contact me. Every situation is different, let me help you determine the best approach.
Look forward to hearing from you,
Alex
C. Alex Egidio
International Realty Advisors
523 East Maple Street, Suite 1
Glendale, CA 91205
CA: 00610667
818-627-7014
Email:cegidio1@msn.com
Website: http://www.linkedin.com/in/internationalrealtyadvisors/
Blog: https://aegidio.wordpress.com
International Realty Advisors 