SBA Loan & Small Business Financing
There’s really no magic formula to success in business; you simply need to have enough resources to allow yourself to take the risks needed to grow your company. Far too many small business owners see their dreams fail because they don’t know where to turn to secure those types of funds.
Helping Small Businesses Succeed
There’s really no magic formula to success in business; you simply need to have enough resources to allow yourself to take the risks needed to grow your company. Far too many small business owners see their dreams fail because they don’t know where to turn to secure those types of funds. Fortunately, you have our team here at the Bridgeway Capital Group to help you safely secure your small business’ future.
The Federal SBA Loan Program
We can make a number of different financing options specifically geared towards small businesses available to you. One such avenue of financing is through the federal government’s SBA loan program. This program is designed for companies looking to establish footholds in their respective markets by offering assistance with:
- Commercial reals estate ventures
- Acquisitions of other businesses
- Debt consolidation
- Equipment purchases
Here at the Bridgeway Capital Group, we work only with lenders who have been granted the power to approved federal small business loan applications on their own. This means that when you choose to submit your loan application through us, it essentially bypasses traditional approval channels and goes straight to those with the authority to approve it, allowing you to get your loan that much faster.
Among the qualifications for an SBA are annual sales of less than $6 million if you’re in retail, or staffs of less than 500 and 100 if you operate as a manufacturer or service provider. These loans fall into two different subcategories: 7(a) and 504. Both offer financing of up to 90 percent for real estate purchases, 90 percent for business acquisitions, and 100 percent for equipment purchases and debt refinancing. 7(a) loans are available for up to $5 million, while 504 loans can be taken for as much as $12 million.
We here at the Bridgeway Capital Group have seen firsthand just how easy it is for small businesses such as yours to get financial support needed to succeed. As an SBA Preferred Financial Services company, we can help get you those funds faster than anyone else. What are you waiting for? Call today to set your small business firmly on the road to success.