7029 Norne Lane
Phone: (800) 788-3884
Nature of Business: SBA Express loans
Association Membership: IFA
Initial Fee: N/A
Minimum Investment Fee N/A
Business Finance Depot
Our company’s niche is to secure financing for new franchisees using 2 complementary products: equipment leases and SBA Express loans. The collateral for equipment leases is the equipment itself. The collateral for the SBA Express loan is the business assets. What makes us different is that our financing does not require $ from a borrower’s retirement account does not require using your primary residence as collateral for a loan.
Our company’s products are particularly strong in serving businesses that require expensive equipment to run the business which lends itself well to equipment leasing. Good examples are embroidery equipment, sign making equipment and restaurant equipment. Also, if a vehicle is required to manage the business, we can arrange for the purchase at dealers cost and financing along with any tools and equipment needed to be in the vehicle to operate the business. Good examples are the tools needed to do carpentry, plumbing and pool testing work at a job site.
We also can provide up to $150,000 in working capital to home based & retail locations needed to operate the business starting from day #1 of operations. The SBA Express loan is perfect for start-ups because the repayment period is 10 years at low interest rates and there is no prepayment penalty!
We also package larger SBA 7(a) loans up to $5,000,000 with 3 national SBA lenders if your business requires more capital than an equipment lease and an SBA Express loan can offer. Finally, we offer a variety of alternate lending sources for cash advances, crowd funding loans and business loans. We refer our clients who decide to use their retirement funds to a preferred partner who specialize in the ROBS programs. In summary, we are a one-stop commercial financing source for start-ups for the franchise industry.
Contact: Paul Bosley