The Financial Friend Small Businesses Need
Small businesses like yours need all of the help that they can get during their early days of operation. There’s the expenses that come from your company’s formation and organization, the costs of securing production space and capacity, and advertising to both the online market and your local community. Too often, your startup capital just can’t match your ambitions. That is, of course, until your found us here at Bear River Financial.
Get Your SBA Loan Faster than You Ever Thought Possible
We work exclusively with lenders to whom authority has been granted by the federal government to approve small business loans through the SBA 7(a) and 504 programs. What does this mean to you? It means that whereas other financial firms may make you wait weeks to hear about your SBA loan status, we can get you prequalified in as little as 48 hours. If your business meets the SBA programs lending standards, you can have a quick infusion of growth capital faster than you ever thought possible.
SBA Loan Details
Just how much can an SBA loan help your small business? Most in your position tend to struggle in the following areas after having just started their companies:
- Purchasing or leasing new space
- Outfitting their businesses with new equipment
- Consolidating their debts
An SBA loan is the perfect tool to help overcome any of those problems. Depending on what program you qualify for, you can secure up to $5 million on terms between 15-25 years. All SBA loans are fully amortized, and offer market competitive rates. Plus, if and when your operations take off, you can shorten your loan term without worrying about prepayment penalties.
We at Bear River Financial pride ourselves on being the commercial finance partner small businesses can count on. Our status as an SBA Preferred Financial Services Company ensures that we’ll be able to turn your small business loan application around in no time at all. Let us give your company the financial “shot-in-the-arm” it so desperately needs. To get your SBA loan application started, give us a call today.