Apply for a Small Business Administration Loan

The Small Business Administration provides a variety of resources for small business owners in the United States. Perhaps the most famous of these is a series of loan programs that make it easier to get access to affordable capital.

Fervent Business Capital is a correspondent partner of SBA preferred lenders for these types of loans. We can help you get financing for your business quickly and effectively, so call (888) 987-3914 now and we'll help you find the right SBA loan for your situation.

Receive up to $5 Million in a Low-Interest Loan

For many small business owners, the idea of receiving up to $5 million with a highly competitive interest rate and good terms may sound like a fairy tale. However, it is possible with the 504 and 7a programs.

You can receive up to 90% financing with a term of up to 25 years. There is no ballooning with these loans and no prepayment penalties. We can offer both fixed and variable rates to suit your needs.

Loans for Property Purchase, Renovation, or Refinancing

• Offices
• Hotels
• Veterinary practices
• Single-purpose buildings
• Childcare facilities
• Medical practices
• Automotive services buildings
• Non-conforming properties
• And others
  

Financing for Business Equipment Needs

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

SBA Loans to Promote Business Acquisitions

If you need money for buying out a partner or purchasing another business, one of these small business loans may help. For acquisitions, the terms are up to 15 years with up to 80% financing.

Like other loans, they are fully amortized with no prepayment penalties. The decision will be based on the cash flow and management of the business.

Working Capital via the SBA 7(a) Program

A short-term working capital loan provides the business the ability to be approved quickly and funded quickly, whereas an SBA loan requires a more thorough approval and closing process that can take a few weeks. Although the process can take longer in comparison, the monthly cash flow savings when receiving an SBA loan are significant. For the same loan amount, a business owner can save 84% of what their monthly payment would be by borrowing using an SBA 7(a) loan product versus a short-term working capital loan.

If you’re willing to begin a slightly lengthier process, receiving an SBA 7(a) term loan for working capital can be a great solution for your company’s growth needs as the monthly payment savings is game-changing. 

If you already have a short-term working capital loan, you can use an SBA 7(a) loan to refinance the high-interest rate for a longer-term, lower interest rate with a lower monthly payment.

An SBA 7(a) working capital loan can be a great solution if you would like to receive funds to facilitate the growth of your business as you see fit, all while receiving a longer-term and lower monthly payment, so as not to restrict the cash flow of your business allowing you to operate and grow as you always have.