Use an SBA Loan To Boost Your Business

Businesses need capital to grow. In the early stages, when investors might feel wary of pumping money in, companies can turn to a government-backed small business loan to get the funds they need. Once that initial growth takes place, it becomes so much easier to expand operations, increase profits and attract investments. The first step is putting in that SBA loan application.

SBA 7a Loans

Eagle Bend Capital Financing offers SBA 7a loans that feature:

  • Loan amounts up to $5 million
  • Low interest rates
  • Terms up to 25 years
  • No prepayment penalties

SBA 7a loans are typically used for workings capital, purchasing inventory and raw materials, and to improve leased property.

SBA 504 Loans

We also offer SBA 504 loans nationwide to for-profit organizations with a net income of less than $5 million annually. Our SBA 504 loans include:

  • Loan amounts up to $5 million
  • Low interest rates
  • Terms up to 10, 20, or 25 years depending on use
  • No prepayment penalties

SBA 504 loans are typically used for equipment, property acquisitions, business expansions, and new construction.

USDA Business and Industry (B&I) Loans

Eagle Bend Capital Financing provides USDA Business and Industry (B&I) loans with extremely competitive rates, longer terms, and higher financing amounts than traditional channels. Our USDA B&I loans can be used for:

  • Property acquisitions
  • Renovations and expansions
  • Equipment and machinery
  • Debt refinancing
  • Business acquisitions

B&I loans from Eagle Bend Capital Financing feature full amortizations, zero prepayment penalties, and no balloon payments.

HUD & FHA Loans

We also offer HUD and FHA loan programs for purchasing, building, and refinancing designated properties, such as managed care facilities, multifamily housing, and more. Our HUD and FHA loans feature:

  • Loan amounts from $2 million up to $50 million
  • Low permanent fixed interest rates
  • Non-recourse options
  • Integrated construction
  • Full amortizations
  • Integrated construction
  • Fully-assumable financing
  • Credit enhancements
  • Tax-exempt financing

What To Use the Loans For

One of the most common uses of SBA loans is purchasing equipment. After all, businesses do not always need to expand in space to expand operations. What business owners often need is a more efficient process. You can purchase anything from diagnostic equipment to laundry machines and trucking equipment.

You can also use the loan to finance real estate and existing businesses. For instance, you might wish to purchase a car wash, hospital, motel or veterinary practice. We are even willing to consider nonconforming properties.

How To Qualify

We are willing to work with most businesses. Take a look at the qualifications below to see if they fit your business. Even if you don’t yet meet these requirements, you now have a benchmark to aim for:

  • Monthly and annual revenue
  • Good cash flow management
  • Existing debt obligations

Our smaller business acquisition loans carry terms as long as 15 years and you can receive up to 80% financing. There is no ballooning and no prepayment penalty. For larger loans, we provide funding up to $5 million at 25-year terms. You can get fixed or variable interest rates that fit either 504 or 7a programs.

How We Can Help

At Eagle Bend Capital Financing, we are dedicated to helping startups and small businesses get off the ground and move on to the next phase of their development plans. We understand the need for updates or expansions to remain competitive in a dynamic market.

Our company provides SBA loans at reasonable terms so you don’t become overwhelmed by large repayments. Contact us for more information.