Smart Lending for Small Business Success
At North American Commercial Capital, we understand that small businesses are the backbone of our economy and our nation. That is why we have dedicated our resources to creating a small business loan program that will help a wide variety of businesses get the funding they need to cover their varied expenses.
When small businesses are in need of a long-term permanent form of financing, the 7(a) loan is often the way to go. These loans are made through the Small Business Administration’s guaranteed loan program. Almost all for-profit business types are eligible and are based on SBA standards for size. Funds can be used for general business purposes, including construction, refinance, real estate acquisition, equipment purchase or leasing, and debt refinance.
Another loan made through the SBA guaranteed loan program is the 504 Loan. Small businesses can use this loan for the acquisition of fixed assets, including machinery, buildings and real estate. Financing can reach as high as $12 million with terms of up to 25 years.
Commercial Real Estate Financing
We are happy to offer commercial real estate financing for the purchase, building, renovation or refinancing for owner-occupied properties. This includes veterinary clinics, hotels, restaurants, auto dealerships and repair shops. Businesses may also be approved for financing for single-purpose buildings and non-conforming properties.
Business Acquisition Financing
Buying an existing business is a fantastic way for small businesses to expand. Our terms are extremely reasonable and approval is largely based on your company’s management capabilities and cash flow. With 48-hour pre-qualification and full amortization with no balloon payments, you can get up to 80 percent financing for you next acquisition.
There are few things as important to small businesses as their equipment. We understand the importance of these valuable tools, and we make it a point to offer reasonable terms for financing. We will finance the purchase and lease of many of the most common types of equipment, including tools, medical and printing equipment.
No matter what your needs may be, contact us to learn how we can help you reach your goals.