The Sky Is the Limit with a Small Business Loan

With the help of a small business loan, your company can achieve amazing heights. Strong sources of capital help you make your goals into reality. As a Preferred Financial Services business, we can provide loans backed by the Small Business Administration with excellent terms for your company. At Hollinquest Capital, our goal is to enable your business to take flight.

What Are the Benefits of a Small Business Loan?

SBA loans are popular with small business owners for several reasons. They provide terms that are hard to get through other types of financing:

• Up to $5 million in financing
• Low interest rates
• Up to 25 years to repay the loan
• Significant capital financing
• Loans for important business needs
• Large loan-to-value ratios

The lower the interest rate of the loan, the more money you save in the long run. All of that money is useful for running your business. By making it easier for you to reach your goals, these loans also help you increase your business capabilities, market share, and revenue.

How Can Small Business Loans Help Your Business?

When you have access to a large loan, you can do things that were out of reach before. There are many ways to expand your business operations with the help of SBA financing, including purchasing real estate or investing in new business equipment.

Before you apply, you should identify the most important things your company needs to increase its success. Those objectives are achievable with the capital provided by small business loans.

How Much Funding Can You Receive?

The total loan amount, LTV, and terms depend on several factors, such as your business’s credit score. Generally speaking, SBA 504 loans are designed for large-ticket items such as heavy machinery and real estate. SBA 7a loans are helpful for small and medium business objectives, such as inventory purchases, computer equipment, and remodeling projects.

Get prequalified for a small business loan today. Don’t wait another day to start reaching your goals.