Small Business Loans

Get the Financing You Need With Our SBA Loan Programs

Skyline Commercial Capital processes small business loans for the qualifying individual and company. The SBA loan programs can be a quick and effective solution for the right applicant. The programs offer many beneficial features compared to a typical conventional loan. We have substantial experience in the small business space. We have financed, owned, operated, valued, and sold our own businesses and assisted many others. We have been in your shoes, and we want to help you succeed. Let us apply our experience and expertise to help you fully capitalize your business.

Types of Businesses Eligible for SBA Loans

The term small business can often bring about ideas of mom-and-pop shops; however, these small business loan programs are available for various business entities. You can use the funds to purchase, refinance, renovate, or build new establishments. A sampling of the properties that we work with include:

  • Car dealerships
  • Gas stations
  • Car repair shops
  • Motels
  • Hotels
  • Car washes
  • Single-purpose buildings
  • Childcare facilities
  • Veterinary practices
  • Nonconforming properties

SBA Loans in Business Acquisition

Before you can receive approval for a business acquisition loan, we will need to verify a few indicators. For example, we will investigate how well the business is managed and the health of the overall cash flows. These loans tend to carry a 15-year term and can be approved for up to 80% financing. A significant benefit of these loans is that they are fully amortized with no balloon payments and no prepayment penalties.

Equipment Financing and SBA Loans

SBA programs are not only for property purchases. They can cover everything you need to get your business up and running, including equipment. You can use the funds to purchase a variety of assets, including:

  • Trucking equipment
  • Laundry or dry cleaning equipment
  • Heavy equipment
  • Diagnostic equipment
  • Manufacturing equipment
  • Printing and binding machinery
  • Medical equipment
  • Machine tools

Loan Caps and Terms

SBA Loans can be approved for up to five million dollars with competitive interest rates. These loans can also come with a 25-year term with full amortization and financing up to 90%. Depending on the program, 7A or 504, interest rates will be either fixed or variable.

Contact Us Today

If you’re looking to capitalize on a business opportunity, don’t hesitate to reach out to us at Skyline Commercial Capital. We can talk about your application and loan needs.