SBA Loan

Could an SBA Loan Accelerate Your Success?

Getting funding as a small business owner can be challenging. At Grafton Funding, we understand this and offer numerous financing options. We also work with the Small Business Administration to offer special loans for small businesses. These have lower rates than normal and larger loan amounts because they are backed by the agency. We can process these loans quickly, so you can move forward confidently.

Purchase Real Estate

One of the most common reasons businesses get SBA loans is to pay for real estate. Under the 504 and 7a programs, you can receive generous terms to buy, build or renovate owner-occupied or hospitality property. These are a few examples of the property types eligible for these loans:

  • Hotels and motels
  • Offices
  • Single-purpose buildings
  • Automotive locations
  • Medical facilities
  • Nonconforming buildings

Equipment Financing

Every business needs equipment to operate. You can use a small business loan to help buy the tools of your trade. These are some of the types of equipment you could buy:

  • Production machines
  • Medical equipment
  • Vehicles
  • Transportation equipment
  • Machine tools
  • Heavy equipment
  • Diagnostic tools
  • Laundry machines

Acquire Another Business

If you want to acquire a competitor or buy out a partner, consider a Small Business Administration loan. We primarily examine the business cash flow and management when making our decision. Additionally, we offer prequalification, so you can make well-informed decisions. These loans have 15-year terms and high loan-to-value ratios typically. There is no ballooning and no prepayment penalties.

Large Loan Amounts

Get up to $25,000,000 in a SBA loan. We work with both the 504 and 7a programs and can offer fixed or variable rates. On some loans, we offer 25-year terms with a 25 year fixed rate and full amortization. This is a great way to get the funding your business needs.

Learn More

Contact Grafton Funding today to learn more about SBA loans and see if you could be eligible. One of our team members will be happy to help you get started.