Get Your Company Off the Ground With a Small Business Loan
The Small Business Association was enacted by Congress to help smaller entities start up and boost their respective economies. This is why so many entrepreneurs take advantage of different small business loan programs offered via this federal agency. The agency itself doesn’t issue the financing, but financers, such as us here at Muth Capital do.
Finance Your Property
Many business owners apply for a loan through the SBA 7a or 504 programs, because these monies are stipulated for property acquisition. This includes property such as equipment and machinery. If you are looking to secure industrial or commercial space with your small business loan, you can purchase
- Automobile dealerships and service facilities
- Childcare facilities
- Gas stations
- Single-purpose buildings
- Veterinary practices
- Nonconforming properties
These are just some of the ways our clients utilize their 7a or 504 program proceeds.
Finance Your Equipment
You can also purchase the tools you’ll need to run your business. For example, take out an SBA loan with us to buy
- Diagnostic machinery
- Dry cleaning or laundry equipment
- Heavy equipment
- Machine and manufacturing tools
- Medical equipment
- Printers and developers
- Trucking equipment
Depending on your needs, either loan option may work for you. You just need to qualify.
We will look over your business plan and financials to ensure you have well-managed and profitable business. We don’t take as long as banks, however. We usually prequalify a business within 48 hours. If you are approved, your loan will
- Have a 15-to-25-year term
- Finance 80 to 90 percent of your need
- Be amortized
- Not balloon
- Not have prepayment penalties
- Be as much as $5 million
We also offer competitive finance and interest rates and take pride in being flexible.
We Are an SBA Preferred Financial Services Company
Muth Capital is an SBA preferred financial services company. Call us today to get started on your small business loan application.