SBA Loan Benefits for Small Businesses

2 years ago
34

Longer Terms
Build your business the right way, with term lengths ranging from 10-25 years.

Prime Rate+
Access the best SBA rates and terms available through one simple applicaiton.

Express Funding
Get streamlined funding on loan amounts of $350K or less.

What is an SBA Loan?
A Small Business Administration-backed loan, or an SBA loan, can help your business to get working capital to accomplish any goal, like expanding, purchasing/refurbishing equipment, taking on new real estate or refinancing an existing mortgage or agreement, and more.

SBA loans are one of the most desirable and sought-after types of business loans.Many small business owners apply for an SBA loan before exploring other similar options. Between lower interest rates and substantially longer repayment terms, SBA loans tend to give you the funding you need, without disrupting your cash flow.

While you can get SBA loans through both financial institutions like traditional banks and online lenders, they aren’t taking all of the risk. These loans are guaranteed through the SBA, a branch of the government dedicated to fostering stronger small businesses.

Through most lenders, SBA loans come with one drawback: it can take forever (up to 8 months) to complete the process. Banks thoroughly review loan applications, business plans, personal credit score, and more before providing an answer. When you use an SBA loan to drive revenue in your business, it can significantly improve cash flow.

ROK Financial has eliminated this issue by streamlining the process to 45 days! We can speed up the funding process to complete it in nearly half the time, while also simplifying the long and complex procedure to make SBA funding much easier for you. With guidance from your Business Financing Advisor, you can even get an SBA loan with a tax judgement.

Apply Today : https://go.mypartner.io/business-financing/?ref=0014x00000kfYIAAA2
Courtesy of : https://alternativesmallbusiness.fund

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