Commercial Loans and SBA Loans

DOES YOUR BUSINESS NEED FUNDS? PAYROLL? WORKING CAPITAL? EXPANDING?

Commercial Loans and SBA Loans

We offer a variety of commercial real estate lending solutions through our nationwide network of dedicated originators, underwriters, banks, life insurance companies, other institutional lenders and private investors.

Commercial real estate financing is available ranging from $75,000 to $50,000,000. This financing can be used for the purchase of property, or the refinancing of a property, even if you are doing a cash-out refinance.

Loan-to-values range from 55-65% depending on the purpose of the loan. We have funding programs available including owner occupied SBA 504 and 7a loans, commercial property financing, money for investment properties and hard money loans, bridge loans, and loans for the purchase of commercial real estate.

SBA loans can be used for acquisition transaction as well as working capital.

You can acquire funding for offices, industrial, offices- general or medical/ dental, industrial facilities, light manufacturing buildings, mixed use properties, commercial condos, auto dealerships, light auto services, day cares, assisted living facilities, entertainment venues, multi-family properties, retail warehouses, self-storage facilities, and more.

Commercial real estate financing is a perfect way to get money to purchase a business location, or to borrow against a building you already own to secure money.

To purchase an existing business

(Sometimes these transactions are referred to as a business acquisition, a merger & acquisition (M&A), or a change of ownership transaction)

Angle Business Services small Business Lending specializes in SBA loans to finance business acquisitions. Purchasing a business is often an advantageous option to expand into a new industry or new geography. Many entrepreneurs choose this route because it is often easier to obtain financing for the acquisition of an existing business, particularly if the business is well-established with supporting financial information.

To purchase commercial real estate for my business to occupy

(Sometimes this type of real estate is referred to as owner-user commercial real estate or owner-occupied commercial real estate)

Purchasing commercial real estate for your business to occupy can improve your cash flow and help you build additional equity over time as you take advantage of appreciating property values. Angle Business Service Small Business Lending can help you realize those goals.

For a veteran of the United States military

Angle Business Services Small Business Lending thanks you for your service and to demonstrate our support is pleased to offer veterans a special enhancement to our standard SBA loan program. We are committed to assisting veterans by providing SBA loans to acquire, start, and/or grow your business.

For qualified veteran-owned businesses, Angle Business Services Small Business Lending will waive the packaging fee, (up to) $2,500 for your SBA loan.

To qualify for this program as a veteran-owned business you must document that your business is at least 51%-owned and controlled by an individual(s) meeting at least one of the following criteria:

Honorably discharged veteran | Active-duty military service member eligible for the military’s Transition Assistance Program (TAP) | Service-disabled veteran | Reservist and/or active National Guard member | Current spouse of any veteran, active-duty service member, Reservist, National Guard member, or the widowed spouse of a service member who died while in service or as a result of a service-connected disability

Benefits of an SBA loan from Angle Business Services Small Business Lending:

• SBA 7a loans available up to $5,000,000 from a direct, nationwide SBA Preferred Lender;
• Long term amortizations up to 25 years with no balloons, calls, or resets;
• Low down-payments and competitive rates;
• Option to include loan and closing costs in the financing package;
• No prepayment penalty on loans with terms up to 15 years. Option to prepay up to 25% of the loan balance each year with no penalty on loans with > 15-year term;
• Multiple borrowing needs can be combined into one loan with one monthly payment;
• Knowledgeable and highly experienced industry experts will guide borrowers throughout the process with a value-added, consultative approach;
• Fast and accurate pre-qualifications at no cost.

To start-up, acquire, or expand a restaurant (either franchise or independent)

At Angle Business Services Small Business Lending, we know restaurants. Our team of SBA professionals have years of experience lending to both independent and franchise restaurants. If you are a restauranteur in need of financing (for either a franchise or independent restaurant), please contact us today for specific and detailed information unique to restaurant and/or franchise finance.

To start-up, acquire, or expand a franchise business

At Angle Business Services Small Business Lending, we know franchising. Our team of SBA industry professionals has years of experience lending to thousands of stores across dozens of concepts. In fact, we are proud to have financed franchisees of some of the most recognized brands in the United States. If you are a prospective or existing franchise owner in need of financing, contact us today to get started.

For direct or indirect exporters through the International Trade Loan Program (ITL)

If your business engages (or is preparing to engage) in international trade, you may qualify for an International Trade Loan (ITL) through the SBA.  This program often allows for special enhancements to a traditional SBA loan. Please let us know if your business is either a direct or indirect (meaning your customers export the items/services purchased from your business) exporter. SBA ITL loans may be used to purchase a business through an asset or stock purchase. Contact us today for complete details.

For a childcare facility, daycare center, preschool, charter school, or educational service business

At Angle Business Services Small Business Lending we know the ABCs of the specialized financing requirements of childcare, daycare, preschool, and other educational service providers. Whether you are an independent or franchise operator, an SBA loan is an excellent option to expand, acquire, update, or start-up your business.

For a senior living facility, ALF, assisted living, or skilled nursing facility

Angle Business Services Small Business Lending offers SBA financing for the long-term care industry to buy, build, expand, or upgrade.  We have provided SBA loans for many such projects nationwide and have the expertise to guide you through the SBA loan process.

For a hotel/hospitality project

Angle Business Services Small Business Lending offers SBA financing for the hospitality industry to buy, build, refinance, re-brand, or upgrade. We have provided SBA loans for many such projects nationwide and have the expertise to guide you through the SBA loan process.

For an RV park, campground, or glamping grounds

Angle Business Services Small Business Lending offers SBA financing for the RV park, campground, and glamping grounds industries to purchase land for new facilities; improve existing facilities; invest in in machinery, furniture, technology, or supplies to better accommodate campers; acquire existing businesses; refinance business debt; or buyout partners. Our professional team of highly experienced SBA lenders understands the RV park and campground/glamp ground industries as well as the needs of facility owners.

To refinance or restructure business debt

Whether you currently have a loan with a balloon payment or note that carries a high interest rate, our Angle Business Services Small Business Lending team will work with you to restructure and refinance eligible business debt to free up cash flow with lower monthly payments.

To expand my business or add additional location(s)

Growth is great, but often it requires additional capital. At Angle Business Services Small Business Lending, we finance expansion into new markets, opening new locations, investment in new equipment, hiring additional employees, innovative marketing campaigns, and more. Our SBA loans provide attractive, flexible funding to help your business grow.

To buy out a business partner

When the time comes, Angle Business Services Small Business Lending can assist with an SBA loan to buy out a business partner. While this can sometimes be sensitive to navigate, our experienced professionals are ready to help you through the process. We recommend that you contact us as soon as possible when you begin to consider this option. Frequently there are many planning and negotiating requirements, and we can help make sure your financing is in place when you are ready to finalize a partner buyout.

For a purpose or business type not listed here

We have highlighted several of the more common types of SBA loan requests; however, we frequently consider and fund SBA loans for businesses in many other industries and for a number of other purposes. In fact, Angle Business Services Small Business Lending is NOT an ordinary lender. If your deal makes sense (and, of course, if it is SBA-eligible) then we’re interested. It is truly as simple as that. We encourage you to reach out to our team of experienced SBA industry professionals to discuss your unique needs. We are here to help.

The following documents/information is need to apply:

1. Loan Request Form
2.History of Business and/or Business Plan – Explain benefits desired from loan.
3.Schedule of Business Debt – Figures must balance to Interim Statement provided.
4.For each owner, partner, 20% or more stockholder, corporate officer and guarantor,provide the following:
•SBA Form 413 – Personal Financial Statement (not older than 90 days)must be joint if married.
•Personal Tax Returns for 3 years
•Resumes
•Credit Check Authorization (completed individually unless married andapplying jointly)
•Borrower Information Form – SBA Form 1919
5.Provide 2 years projections with written assumptions for all new business acquisitions OR existing businesses when historical data does not show ability to repay. The first year needs to be broken down month by month.
6.If you own an existing business(es), please provide
•Current Income Statement and Balance Sheet
•Copies of Complete Tax Returns for past 3 years
•Signed and Dated Debt Schedule
7.If purchasing a business, please include –
•Purchase Agreement outlining terms of the sale.
•Copies of Complete Seller Tax Returns for past 3 years.
•Seller Interim Financials
8.Source of Capital Injection – Three (3) months most recent bank statements.

 

FUNDING WE OFFER INCLUDES:

• Secured and un-secured credit lines
• Account receivable factoring
• Merchant cash advances
• Purchase order and inventory financing
• Revenue financing
• Equipment leasing and financing
• SBA Loans
• 401k & securities loans
• business credit cards
• And more…