Small Business Administration Financing

Small business is playing the vital role in the world economy and especially in the United States. Small business is procuring almost over half of the job for the world population.

When we talk about innovation or getting innovative in a different area, mainly Small business lead the pack.  Still, small Businesses are having the hard times when it comes to securing the financing for their Business. We are aware of the fact that it takes the significant amount of capital to build a successful new business.

So, to help or give wings to fly to small businesses, Gold Card Capital Financing provides them SMALL BUSINESS ADMINISTRATION FINANCING.

We provide below SBA FINANCING programs —

  1. SBA 7(a) Loans

SBA 7(a) loans are the most common type of SBA loan. These loans go up to $5,000,000 and can be used for working capital, to refinance debt, or to buy a business, real estate, or equipment. Two popular loans, the SBA Express Loan and the SBA Advantage Loan, are part of the 7a loan program.
SBA 7a loans are right for most businesses looking to finance their working capital needs. These loans are what most people are referring to when they ask about SBA loans and can be used for pretty much any business purpose. SBA loans are popular because of their long repayment terms and low interest rates, which make 7a loans one of the most affordable working capital solutions.

 

  1. CDC/SBA 504 Loans

The CDC/SBA 504 loan program is for small businesses looking to buy or build owner-occupied commercial real estate. The program pairs two lenders together to fund these projects, a bank or traditional lender and a community development corporation (CDC). The bank lends up to 50%, and the CDC lends up to 40%, while the remaining 10% of the project’s costs come from the borrower, typically in the form of cash down payment.
CDC/SBA 504 loans require that the business occupy at least 51% of the commercial space. So, while this is a great opportunity to rent out 49% of your new building to tenants, it’s only right for companies that actually expect to use the space as one of their key locations.

 

  1. SBA CAPLines Program

The SBA CAPlines program has 5 SBA line of credit products that are designed to provide up to $5 million to help small businesses meet their short-term and cyclical working capital needs. SBA CAPLines are best for businesses that need a revolving line of credit to make recurring payments or to prepare for unexpected expenses.

1. Seasonal Line of Credit

SBA line of credit used for seasonal increases in accounts receivable, inventory needs, or related increased labor costs. Up to $5,000,000.

2. Contract Line of Credit

SBA line of credit used for the materials and labor associated with assignable contracts. Up to $5,000,000.

3. Builders Line of Credit

SBA line of credit for contractors that build/renovate residential or commercial buildings used for materials, equipment, permitting, labor, and even land associated with a project. Up to $5,000,000.

4. Standard Asset-Based Line of Credit

SBA line of credit that allows small businesses to convert short-term assets (like pending invoices) into cash. Up to $5,000,000.

5. Small Asset-Based Line of Credit

SBA line of credit that allows small businesses to convert short-term assets (like pending invoices) into cash. Stricter servicing requirements are waived by the SBA in return for offering a smaller credit line. Up to $200,000.

Learn more about Gold Card Capital today. Please call for any free analysis/consultation on 1-855-479-9380 or send an email to m_adelberg@goldcardcapital.com.