An SBA Loan Can Help You Expand Your Enterprise

As a small business owner, you’re used to handling all the paperwork and daily operations. But when it’s time to grow, you may need a little help. Fortunately, Cross Commercial Capital is here with the funding you need.

Cross Commercial Capital Works With a Variety of Businesses

Small businesses exist in every industry, and Cross Commercial Capital is happy to work with them. We’ve helped the following enterprises obtain property and reach their goals:

• Child care facilities
• Hotels and motels
• Car washes
• Gas stations
• Car dealerships
• Car repair shops
• Veterinary practices

Who qualifies as a small business? If you make less than $41.5 million a year in revenue and have fewer than 1,500 employees, you may be eligible for loans guaranteed by the Small Business Administration.

Borrowers Can Use the Funds as They See Fit

One of the best things about a small business loan is the flexibility. You can apply the funds in a variety of ways:

• Purchase property
• Consolidate debt
• Acquire an existing business or buy out a partner
• Hire and train new employees

You can also buy or lease a range of equipment:

• Diagnostic equipment
• Dry cleaning and laundry equipment
• Binding and printing machinery
• Trucking equipment
• Machine tools
• Medical equipment
• Heavy equipment

Businesses Can Benefit From SBA Loans

Traditional loans don’t always meet the needs of mom-and-pop shops, local stores and startups. Fortunately, small business loans are specifically designed to help fledgling enterprises build a solid foundation with the following benefits:

• Full amortization
• Large amounts up to $5 million
• 25-year terms
• 90% loan-to-value ratios
• No prepayment penalties
• Fixed and variable rates

You can access funding through the 504 or 7a programs.

Cross Commercial Capital Professionals Are Excited To Help You Access Working Capital

The SBA recognizes Cross Commercial Capital as a Preferred Financial Services company, and we’re proud to offer highly competitive small business loans. Schedule a no-cost, no-obligation consultation with one of our financial experts to learn more about how the right financing can impact your enterprise.