Loans for Small Businesses for Expanding and Exploring New Ventures
1st May 2015 – The U.S. Small Business Administration (SBA) 7(a) Loan Program is one of the most common loan programs offered by SBA for businesses or small entrepreneurs with special requirements provided they meet the eligibility criteria. Sierra Business Cap is one such company that offers assistance for businesses who are looking for a business loan but are otherwise not eligible through normal channels. The company has extensive experience in arranging loans for small business. Small businesses can benefit from the low repayment terms, long term financing at below market interest rates, refinance the high interest rate loans, use the loans for a variety of business purposes and last but not the least provides them with access to financing options which is otherwise not possible.
Borrowers can avail a minimum of $300,000 and a maximum of $5,000,000 from Sierra Business Capital. The Repayment terms are: Working capital – up to 5 to 7 years; Machinery and Equipment – Not to exceed useful life; and Real Estate and Construction – up to 20 years. The SBA 7a Guaranty loan can be used for: working capital, commercial real estate purchase to house the business, rate refinance of commercial debt, buy equipment and machinery, inventory purchase, expansion of current business, construction of new building, renovations, purchase of existing businesses and franchise. All types of profit running entities, manufacturers, wholesalers, retail and service businesses, contractors and construction companies are eligible for these loans.
To know more interest rates on SBA 7a Business loans visit http://www.sierrabizcap.com
About http://www.sierrabizcap.com/
Sierra Business Capital, http://www.sierrabizcap.com is a commercial finance company that exclusively arranges SBA 7a business loans for the purpose of inventory purchase, working capital, construction projects, franchise acquisition, expansion, etc. The company assists businesses get timely financial assistance so as to expand and to explore new ventures.
Contact
Sierra Business Capital
Phone: 478-832-7144
Website: http://www.sierrabizcap.com
ListFree.org: Embedded data.