Lender Generator

Lenders, subscribing to this list will send you a reminder every 45 days to take a look at my website for new listings. If you're interested in seeing if you can pre-qualify a business, I will send you the details you need. If you pre-qualify one, I will refer buyers for that business to you.

Borrowers, please reach out to us directly BEFORE applying for a loan. Business loans are not like residential loans. Lenders are vastly different than each other. Seeking to get qualified by multiple lenders can be an exhaustive process if you don't know which lenders best match with your needs and abilities.

SBA Loans

  • SBA 7(a)
    • (Most popular overall) Small businesses that need working capital up to $5 million

  • SBA CDC/504 
    • Purchasing owner-occupied commercial real estate

  • SBA CAPLines
    • Companies that need a line of credit that can be used again

  • SBA Export
    • Export businesses that need to finance their export activity

  • SBA Microloans
    • Businesses that need a smaller amount of working capital up to $50,000

  • SBA Disaster
    • Companies that have been impacted by a declared natural disaster

 

SBA 7(a) Loans

Interest Rates

7.75 - 10.25%

Loan Amounts

Up to $5 million

Repayment Terms

Up to 10 years for working capital loans

Up to 25 years for commercial real estate loans

Minimum Requirements

680+ Credit score

10-20% Down payment

Minimum Loan of $30,000

Some collateral (loan doesn’t have to be fully collateralized)

Use of Loan Proceeds

Working capital

Equipment purchases

Refinance debt

Buy a business or franchise

Buy commercial real estate

Leasehold improvements

 

CDC/SBA 504 Loans

 

Interest Rates

4.59 - 4.88%

Loan Amounts

Up to $14 - 20 million

Repayment Terms

10 or 20 years

Minimum Requirements

680+ credit score

10% down payment

Meet job creation or public policy goals

Real estate must be at least 51% owner-occupied

Use of Loan Proceeds

Owner-occupied commercial real estate purchase, construction or renovation

Purchase of other fixed assets

SBA CAPLines Program

Interest Rates

7.75 - 10.25%

Loan Amounts

Up to $5 million

Repayment Terms

Up to 10 years for Seasonal, Working Capital & Contract CAPLines

Up to 5 years for Builders CAPLines

Minimum Requirements

Same as with SBA 7(a) loans plus:


  • Seasonal: At least one year of operations and a demonstrated pattern of seasonal selling activity

  • Working Capital: Must generate accounts receivable and/or have inventory

  • Contract: Demonstrated experience, profitability, and ability to perform the work and complete the contract

  • Builder: Be contractors focused on construction or homebuilding with demonstrated experience, profitability, and ability to
    perform the work and complete the project

Use of Loan Proceeds

Support short term or seasonal working capital needs

Fulfill contracts or purchase orders

Perform construction or significant renovations on an eligible project

 

SBA Export Loans

Interest Rates

SBA Export Working Capital: Typically 6 - 10% (no SBA limit but monitored for reasonableness)

SBA Export Express: 9.75 - 11.75%

International Trade: 7.50 - 10.00%

Loan Amounts

SBA Export Working Capital: Up to $5 million

SBA Export Express: Up to $500,000

International Trade: Up to $5 million

Repayment Terms

SBA Export Working Capital: Up to 3 years (typically 12 months)

SBA Export Express: Up to 7 years for a line of credit; same as SBA a for a term loan (10 - 25 years)

International Trade: Up to 10 - 25 years (same as SBA 7(a))

Minimum Requirements

680+ Credit score

Business must be involved in exporting goods or services to foreign countries

For Export Express, the business must be at least 1 year old

Use of Loan Proceeds

To develop or expand small business exporting and international trade

   
   
   
   
 

 

SBA Microloan Program

 

Interest Rates

8 - 13%

Loan Amounts

Up to $50,000

Repayment Terms

Up to 6 years

Minimum Requirements

640+ Credit score

Typically need to have some collateral

Nonprofit child care centers are eligible in some cases

Use of Loan Proceeds

To start or expand a small business

Can’t be used to refinance debt or buy real estate

   
   
   
   

 

SBA Disaster Loans

Interest Rates

4 - 8%

Loan Amounts

Up to $2 million

Repayment Terms

Up to 30 years

Minimum Requirements

660+ Credit score

Your business must have suffered a physical or economic damage from a disaster

Your business must be located in an SA declared disaster area

For Military Reservist loans, an essential employee must have been called to active duty

Use of Loan Proceeds

To repair or replace damaged property

Working capital

Operating expenses

   
   
   
 

Commercial Loans

  • Traditional term loans
  • Short-term loans
  • Equipment loans
  • Commercial real estate loans
  • Business line of credit
  • Merchant cash advances

Traditional Term Loans
Commercial Loan Amount: $5,000 to $5 million
Commercial Loan Term: 1 to 5 years
Commercial Loan Rates: 6.5% to 30%

Short-Term Loans
Commercial Loan Amount: $2,500 to $250,000
Commercial Loan Term: 3 to 18 months
Commercial Loan Rates: Starting at 10%

Equipment Loans
Commercial Loan Amount:Up to 100% of the equipment value
Commercial Loan Term:1 to 5 years
Commercial Loan Rates:7% to 30%

Commercial Real Estate Loans
Commercial Loan Amount: $200,000 to $20 million+
Commercial Loan Term: 20 to 25 years
Commercial Loan Rates:5% to 30%

Business Lines of Credit
Commercial Loan Amount: $5,000 to $1 million
Commercial Loan Term:6 months to 5 years
Commercial Loan Rates: 7% to 40%

Merchant Cash Advances
Commercial Loan Amount: $5,000 to $250,000
Commercial Loan Term: Repayment deducted from your credit card sales
Commercial Loan Rates: 15% to 110%