Small Business Loan
How an SBA Loan Can Boost Your Business
As a small business owner, you have a lot of responsibilities and not a lot of time. You may not have hours to spend looking for the perfect small business loan to grow your enterprise. Fortunately, you don’t have to search high and low — the right loan is right here at Elysian & Associates Commercial Capital. If you have fewer than 500 employees, you may qualify for SBA loans and all the benefits they offer. A business loan can provide you with the funds needed to purchase necessary equipment, hire additional staff, and increase your working capital. Here are a few reasons why you should consider applying for a business loan.
You Can Apply No Matter Your Industry
Elysian & Associates is happy to work with companies in a wide range of industries. In the past, we’ve lent to the following:
- Child care facilities
- Gas stations
- Car dealerships
- Motels and hotels
- Car washes
- Car repair shops
Are you interested in acquiring an existing business? We can provide a small business loan with these terms:
- No prepayment penalties
- 48-hour prequalification
- 80% LTV
- 15-year term
- Full amortization
Your Business Can Benefit in Many Ways
There are certainly other business loans available, but they have high interest and may be difficult to qualify for. Small business loans from Elysian & Associates Commercial Capital are designed with local enterprises in mind, which is why we offer the following benefits:
- Variable and fixed interest rates
- 90% LTV
- Full amortization
- 25-year terms
- Large amounts up to $5 million
You Can Spend the Funds However You Need
Flexibility is essential when growing a business, as you never know what new opportunities will spring up. With an SBA loan, you can use the funds however you like:
- Cover payroll
- Purchase property
- Renovate property
- Purchase inventory
- Refinance
- Create advertising
You can also use small business loans to purchase any of the following:
- Diagnostic equipment
- Heavy machinery
- Trucking equipment
- Medical equipment
- Manufacturing machines
A business loan can help strengthen your credit.
A business loan can help you build your credit. Taking out a business loan can help you build your credit and make it easier for you to get additional financing in the future. A good credit score can also make it easier for you to access other resources, such as lines of credit other forms of capital.
You Can Apply Today
If a small business loan sounds like a perfect fit, there’s no reason to wait. With just a call to Elysian & Associates, we can set up a no-obligation, no-cost consultation with our financial experts. We also offer Franchise Financing solutions. After all, there’s no time like the present to achieve your business goals.