YOUR RELIABLE SOURCE FOR SBA LOANS

Small business ownership can be stressful and often leads to sleepless nights of wondering how or if there is enough capital to cover day to day financial need of a growing operations. Some, in an effort to ensure financial stability have considered selling off equity in their company. This option might provide the financial relief you are looking for but, it may also usher bring outside influences into your company. Influences and values that may not compatible with the dreams and goals of the company you have worked so hard for. PTO Business Credit have another alternative for you; we will help you find a better way to raise capital to cover your day to day financial needs. Acquired financing may be use for renovating a business location, expanding working capital, and refinancing old debt, purchasing real estate, buying equipment or purchasing needed inventory.

THE SBA LOAN PROGRAM

SBA Loan is a type of business loan that the Small Business Administration guarantees. PTO Business Credit works with SBA - approved lenders, primarily banks to offers borrowers SBA guaranteed loans that go up to 85% and in some cases up to 90% of the total loan amount.

There are several types of SBA loans being offered. The most popular ones are the CDC or 504 loan programs, the 7(a)-loan program, and the micro-loan program.

These three programs are different in size, terms, and how businesses can use them; of all three types of SBA loans the SBA 7(a) is the most popular one.

BENEFITS OF AN SBA LOAN

SBA Loans programs are the most preferred loan programs for a variety of business purposes. The benefits you will enjoy are:

• Reasonable rates

• Most extended payment terms

• Lowest down payments.

• 7(a) loans offer financing for up to:

• ✔ 90 percent on real estate purchase.
• ✔ 80% for business acquisition.
• ✔ 100% for equipment purchases and debt refinancing.
• ✔ Loan amounts can be anywhere from $200,000 to $5 million.

• 504 loans offer similar terms to a 7(a) loan:

• ✔ Plus, loan amount to up to $12 million.
• ✔ First and second mortgage options are also available for owner-occupied properties. (Occupancy of at least 51% of property).

• Loan Term: 5 Years – 25 Years

• Rates: Starting at 7.75%

Renovating a business location, expanding working capital, and refinancing old debt, purchasing real estate, buying equipment or purchasing needed inventory.

This small business loan is guaranteed through the federal government’s SBA loan program, Money can be used for:

Requirements to qualify for this assistance are as follows:

• Retailers: Have annual sales of less than $6 million

• A workforce of less than 500 employees for manufacturers

• A workforce of less than 100 employees for service providers

• Includes but not limited to a driver's license, business plan, voided business

WHY CHOOSE PTO Business Credit?

We work with lending partners and banks that are SBA Preferred Financial Services institution and lenders that has been authorized to approve federal loan applications. This relationship makes it possible for us to turn loan application around faster.

LET US HELP MAKE YOUR DREAMS A REALITY

PTO Business Credit have another alternative for you; let us help you find a better way to raise capital to cover your day to day financial needs.