Apply for a Small Business Loan From a Lender Who Puts You First
Obtaining a small business loan is an essential part of opening a new business. Once approved, you can use the money to obtain inventory, acquire equipment or take care of any number of startup needs. Unfortunately, many lenders refuse to offer funding to new businesses because they don’t want to take such a big risk. At Approved Business Lending, we go out of our way to help startups succeed by providing them with a variety of reliable financing options.
Loan Basics
If you have a healthy cash flow and good management in your company, you have a good chance of getting approved for an SBA loan. It takes as little as 48 hours to find out if you qualify, and you will receive the funds in minimal time. Additional loan basics include:
- Terms up to 15 years
- No balloon payments
- Fully amortized loan options
- Financing up to 80%
- No prepayment penalties
We regularly finance all types of properties, from car dealerships to child care facilities. You can also finance your equipment through our small business loan program, from heavy machinery to basic office equipment.
Large Loan Amounts
We offer up to 90% financing with terms up to 25 years for larger loans up to $5,000,000. The qualification requirements for large loan amounts are stricter, but many startups can still meet them. Our 7a and 504 programs offer both variable and fixed rates, and as with our other loans, you don’t need to worry about penalties for prepayment.
Apply Today
Ready to apply for an SBA loan through Approved Business Lending? The process is easy and we have a reputation for delivering quick loan approvals. To get started, contact us and request your no-obligation application or ask one of our financial professionals about our other loan products. We look forward to meeting with you and providing you with the right financial solution for your startup.
