Small Business Administration (SBA)
WesAmerica Mortgage Corporation offers Small Business Administration (SBA) loans, a powerful and popular financing option designed to support the growth and real estate needs of small businesses across the nation. Backed by the U.S. government, SBA loans provide attractive terms, lower down payments, and longer repayment periods compared to conventional loans, making them an excellent choice for eligible businesses seeking significant capital for various purposes.
Types of SBA Loans We Facilitate:
- SBA 7(a) Loans: The most common and flexible SBA loan, ideal for working capital, equipment purchases, business acquisitions, and real estate.
- SBA 504 Loans: Designed for significant fixed asset purchases, such as commercial real estate or heavy machinery, offering long-term, fixed-rate financing.
Who Can Benefit from SBA Loans?
- Small business owners seeking to purchase or refinance owner-occupied commercial real estate.
- Entrepreneurs looking to acquire an existing business or franchise.
- Businesses needing capital for expansion, equipment upgrades, or inventory.
- Start-ups with a solid business plan that require initial funding.
- Companies seeking more flexible terms than traditional bank loans.
Key Benefits of Our SBA Loans:
- Favorable Terms: Enjoy competitive interest rates and longer repayment periods, which can significantly reduce your monthly payments.
- Lower Down Payments: SBA loans often require a smaller equity injection compared to traditional commercial loans, preserving your capital.
- Versatile Use: Use funds for a wide range of business needs, including purchasing owner-occupied commercial real estate, acquiring an existing business, expanding operations, or securing working capital.
- Government Backing: The SBA guarantee reduces risk for lenders, making financing more accessible for small businesses.
- Support for Small Businesses: Specifically designed to help small and medium-sized enterprises thrive and contribute to economic growth.
Nationwide Access: WesAmerica Mortgage Corporation helps businesses across the U.S. navigate the SBA loan process.
Ready to Fuel Your Business Growth?
Don’t let financial constraints hold your business back. Partner with WesAmerica Mortgage Corporation for reliable and efficient business financing.
Apply Now for your business loan or Get a Free Consultation to discuss your financing needs.
