Get the Capital You Need To Grow Your Business With an SBA Loan
Whether you are looking to start a business or expand your current operations, a small business loan can help you to secure the funds you need at a competitive rate. ROCBILT Commercial Lending partners with the Small Business Association to streamline the process for qualifying entrepreneurs.
Flexible Terms and Competitive Rates on Loans of Up to $5 Million
Our SBA loan packages are designed with flexible terms, competitive rates and no prepayment penalties. With the 7(a) and 504 programs we have both fixed and variable rates, and we offer up to 90 percent financing with full amortization over 25-year terms. Depending on your needs and qualifications, we can provide loans of up to $5 million.
Financing for Operations Equipment
From upgrading computer systems to purchasing heavy machinery, equipment-related costs can pose a considerable financial barrier to smaller companies. Loans designed for small businesses are an effective solution to financing operational tools. We offer coverage for a variety of equipment:
- Medical and dental apparatuses
- Restaurant equipment and kitchen wares
- Printing and binding machinery
- Laundry or dry cleaning equipment
- Trucking and transportation equipment
- Machine tools
Property Financing for Commercial, Industrial and Real Estate Businesses
From refinancing existing debt and making property upgrades to purchasing or constructing new buildings, our loan program helps small businesses cover costs for a wide range of property types:
- Hotels and motels
- Veterinary clinics
- Car dealerships and repair shops
- Childcare facilities
- Gas stations
- Nonconforming properties
- Single-purpose buildings
Qualifying for an Existing Business Acquisition Loan
Many new companies find that purchasing an existing business can help jumpstart successful operations. Good candidates can expect a quick preapproval process and often receive prequalification within just 48 hours. The primary criteria that we look for when approving existing acquisition loans include cash flow, management practices and operational efficacy. These types of loans generally offer up to 80 percent financing with 15-year terms, fully amortized and without prepayment penalties.
Getting Started
Whether you’re just organizing a business plan or looking for ways to finance company growth, an SBA loan can help. Contact ROCBILT Commercial Lending today to learn more about what we can do for your business.