Small Business Loan
Build a Better Business with an SBA Loan
For any small business to thrive in the competitive marketplace, it needs to have the right financing. The normal fluctuation of the economy can make it difficult for small businesses to stay afloat and a small business loan can provide you with the funding you need to stock inventory even when the economy is slow. Premier Commercial Lending, LLC offers SBA loans with excellent terms so your business can succeed.
What Are the Uses of Small Business Loans?
The money you receive from an SBA loan can be used in any way to improve your company. Premier Commercial Lending, LLC allows you to refinance, consolidate debt, and purchase inventory to keep your business running smoothly. You can use the funds you receive to purchase any type of equipment or heavy machinery and we work with most property types, including the ones listed below.
- Veterinary practices
- Car dealerships
- Child-care facilities
- Hotels and motels
- Gas stations
- Car repair shops
What Are the Terms for Small Business Loans?
Terms for small business loans vary depending on whether the company in question is new or existing. At Premier Commercial Lending, LLC, we understand that new businesses need time to turn a profit so we offer them extended terms of 25 years with 90% financing. Established companies stand to earn 80% financing with terms loans of 15 years. SBA 7a and 504 loans from Premier Commercial Lending, LLC have no balloon payments or pre-payment penalties and feature full amortization. We offer both fixed and variable rates so we can customize a loan solution to meet your individual needs.
Contact Us Today
A small business loan can help your company thrive even during slow economic periods. If you are interested in securing this avenue of financing to enrich your business, contact Premier Commercial Lending, LLC today. In most cases, we can provide you with the funds you need in as little as 24 hours after approval.