Financing a small business is no easy feat. Expenses seem to grow every day, and sometimes the cash flow just isn'it there. We at Online Radius Bank understand this challenge, and with our help, you could get approved for a small business loan from the Small Business Association. This can be a reliable option for helping establish your company as it struggles to get on its feet, as many start-ups tend to do. This type of funding may be of great benefit to you and your business enterprise
Qualifying for a business acquisition loan can be a fast and smooth process. When considering you for a loan, we take management skills and strategies into account, as well as the amount of your company’s regular income and revenue. Loans can last up to 15 years, and approval can happen in as little as 48 hours.
Furthermore, we can offer amortized loans lasting up to 25 years, and peaking at the amount of 5 million dollars. The terms on these loans can often accommodate your needs with little adjustment and the interest rates are good, too.
An SBA loan can be used to cover expenses for machinery and other equipment. There are many types of equipment that can be financed this way:
Loans from the SBA can provide funding for several different kinds of businesses. We at Online Radius Bank are interested in serving your company’s unique needs. Many operations are eligible for a small business loan: