Accessing Small Business Loan Solutions Backed by the SBA

When you are ready to make a substantial and long-term investment in the future of your company, you need to be sure that your loan support will be designed for your success. That’s why the small business loan programs through the SBA are so popular—they provide generous terms that are made possible by the backing of that government office, so you can more easily access the resources you need to keep developing your small company.

Commercial Real Estate Purchases

The Small Business Administration does allow for loans to be used for the purchase of property as long as the loan will be used for a property that you company intends to occupy as facilities. Your company must use the majority of the square footage, but practically any kind of property can be financed, including:

  • Warehouses and industrial space
  • Auto repair shops
  • Storefront spaces
  • Restaurants
  • Gas stations
  • Office buildings

Business Acquisition Loans

The SBA also allows loans to be used to finance the acquisition of existing small businesses, as long as they have incomes below $1.25 million per year and they have healthy financial histories. These loans can provide up to 80% of the acquisition cost, and they are designed to work as long-term investments, so terms of up to 15 years are available.

Equipment Financing Through the Small Business Administration

Lastly, the Administration is happy to facilitate the purchase of the equipment that small businesses need to get work done, with amortizing loans and fixed rates. Terms for equipment loans can run to 25 years, making them ideal for the kind of large-scale investment you need when outfitting yourself to start a new operation.

Jackson Ventures is a preferred lender, which means that the Small Business Administration allows us to process applications for loans directly, allowing us to streamline your process. Contact an associate today to start an application.