Get Needed Capital With a Small Business Loan
It can be difficult to secure financing when you’re a small business. Without the resources of larger companies, expanding may be a more challenging and time-consuming process. That’s why Kinlow Advisors is proud to support small businesses with loans designed specifically for your needs. Approved by the Small Business Administration, our Small Business Loan Program may be just what you need to grow.
What This Loan Can Be Used For
SBA loans provide flexibility so you can allocated capital where it’s needed most. You can utilize financing for any of the following purposes:
- Existing business acquisition
These loans can also be used to obtain different kinds of equipment:
- Medical equipment
- Manufacturing equipment
- Trucking equipment
- Heavy equipment
- Machine tools
- Diagnostic equipment
By opting for this type of financing, you can freely invest in growing your business without impacting daily operations.
How You Benefit
A small business loan provides a variety of benefits to borrowers:
- No ballooning
- Amounts up to $10 million
- Fully amortized
- No prepayment penalties
- 504 and 7a programs available
- Terms up to 25 years
- Financing as high as 90 percent
- Fixed and variable rates
If you plan to use your loan to acquire an existing business, we can offer up to 80 percent financing and terms as long as 15 years. To determine if you qualify, we examine your business’s cash flow.
Who Can Apply
Kinlow Advisors is happy to work with a wide range of properties:
- Single-purpose buildings
- Gas stations
- Car washes
- Nonconforming properties
- Child care facilities
- Car dealerships
- Car repair shops
- Veterinary practices
Regardless of your industry, if you have struggled to obtain financing, we are ready to help you explore your borrowing options.
How To Get Started
The financial experts at Kinlow Advisors are ready to help you explore your lending options. Pre-qualification can be very quick with a response in as little as 48 hours in some cases. To learn more about what Kinlow Advisors can do for you, contact us today.