AN SBA LOAN MIGHT BE RIGHT FOR YOU ! (ORLANDO, FL)

SBA 7(a) Loans to Buy, Expand, or Refinance Businesses & Commercial Real Estate An SBA 7(a) Loan can be used for: • Business Acquisition • Business Occupied Commercial RE• Partner Buyout • Construction/Renovation • Working Capital/Expansion • Equipment/Leaseholds Key Features of an SBA 7(a) loan: • As low as 0-10% down payment • 25 year term for Comm Real Estate• No loan covenants • 10 year term for other loans • Can include working capital • Investors ok without Personal Guarantys 0% (YES, ZERO) Down Payment possible with SBA 7(a) loans for: • Add-on acquisitions in the same industry.
• Purchase of Business Real Estate by an existing business.
• Partner Buyouts (in most situations) Sources of Down Payments can include:  Cash you have personally or in an existing business  Gift of funds, however, in most cases, the gift must be from a Family member.
 Using a Home Equity Line of Credit (HELOC) as long as you have a source of income other than a W-2 from the company you are acquiring (Example: Income from a Spouse W-2).
 Funds from IRA/401K account can be used with a tax-free method called a ROBS 401K.
 A Seller Note where the first 24 months are on “Standby” can be credited toward the minimum down payment.
Standby means no payments made during first 24 months.
 Cash from investors.
As long as they own less than 20% of the company they will not have to personally guarantee the loan.
Send inquiries to answers@financialfundingsolutions OR Reply to The AD