SBA & Bank Term Loans

Let's put together your financial profile

In this section, you’ll provide the financial documents we need in order to analyze your business and find the best-fit financing for you. Your personal lending consultant is available by chat or email to answer your questions.

Business Tax Return

Provide at least two most recent business tax statement

Personal Tax Return

Provide at least two most recent business tax statement

Debts

Tell us about any outstanding debt

Profit And Loss Statement

Provide a financial statement summarizing your revenues and expense since your last field text return

Balance Sheet

Provide a financial statement summarizing business assets and liabilities

Bank Terms Loans

$30,000 to $350,000*
The right financing option when you aren’t quite ready for an SBA loan

Debt refinancing

Pay off high-cost debt and increase your monthly cash flow

Working Capital

Get funds to hire additional staff,increase marketing or replenish inventory.

New Equipment

Buy new equipment to improve productivity.

SBA 7(a) Commercial Real Estate Loans

$500,000 to $5 Million

The fast and easy online way to refinance or finance the purchase of owner-occupied commercial real estate.

Purchase a new business property

Build equity in your business by purchasing rather than leasing. Take advantage of our rent replacement option with minimal down payment required!

Refinance an existing business property loan

Avoid upcoming balloon payments or high-cost interest rates by refinancing to a low-cost,long-term SBA commercial real estate loan.

SBA Working Capital and Debt Refinancing Loans

$30,000 to $350,000

The best way for most business to get essential funds to successfully run daily operations and save on high interest debt.

Debt refinancing

Refinance high-cost debt and save thousands.

Business expansion

Scale your business by adding new products or services.

Marketing

Attract new products to grow your customer base.

Hire employees

Add needed staff to build your business.

Purchase equipment

Purchase equipment to improve efficiency.

Increase Inventory

Purchase inventory to meet busy sales periods.

Cash Advance Providers

Peer to Peer funders

SBA Loans

Estimated Air

(including interest rate and fees)

20% – 100%

9% – 36%

7.43% – 11.04%

Funding Process

1 – 7 days

7 – 14 days

as fast as 7 days

Loan Term

Above 1 year

1 – 5 years

10 – 25 years

Typical Payment For a $10,000 Loan

$12,000 per monthly

(daily payments required)

$5,000 per monthly

$1,227 per monthly

Cash Advance Providers

Peer to Peer funders

SBA Loans

Estimated Air

(including interest rate and fees)

20% – 100%

9% – 36%

7.43% – 11.04%

Funding Process

1 – 7 days

7 – 14 days

as fast as 7 days

Loan Term

Above 1 year

1 – 5 years

10 – 25 years

Typical Payment For a $10,000 Loan

$12,000 per month

(daily payments required)

$5,000 per month

$1,227 per month

Qualifications

YES

  • 2 + Years in business.

  • Business owners must be U.S citizens or legal permanent residents.

  • Business owners must have personal credit scores above 650

  • Cash flow to support loan payments

No

  • Bankruptcies or foreclosures in the last 3 years.

  • Prior default on government backed loans.

  • Outstanding tax lines.

  • Loan proceeds cannot be used for unpaid taxes.

SBA Loan Requirements

Many small businesses from a broad range of industries can be approved for  an SBA 7(a) loan. Rather than listing what businesses are considered for approval, the Small Business Administration lists those industries that are excluded.

Excluded Businesses:

  • Gambling
  • Life insurance
  • Religious teaching
  • Primarily political and lobbying activities
  • Oil wildcatting
  • Mining
  • Mortgage servicing
  • Mortgage servicing
  • Bail bond
  • Pawn or private clubs

If your business does not fall under one of the excluded categories, the next step is to meet the following common eligibility equirements for an SBA loan.

These are the eligibility requirements to apply for a *$30,000 to $350,000 SBA 7(a)* Working Capital or Debt Refinance Loan through Singh’s Capital Group:

  • Time in business must be above 2 years
  • Business owner’s personal credit score must be above 650
  • The business must be U.S. based and owned by US citizen or Lawful
  • Permanent Resident who is at least 21 years old
  • No outstanding tax liens
  • No bankruptcies or foreclosures in the past 3 years
  • No recent charge-offs or settlements
  • Current on government-related loans

The eligibility requirements to apply for a *$500,000 to $5,000,000 SBA  7(a)* Commercial Real Estate Loan through Singh’s Capital Group are:

  • Time in business must be above 2 year
  • The business owner’s personal credit score must be above 675
  • The real estate must be majority owner-occupied, i.e. at least 51% of  the square footage of the property you’re buying must be occupied by and used by your business
  • Sufficient business and personal cash flow to service all debt payments, demonstrated by 3 years of tax returns and interim financial data
  • No delinquencies and/or defaults on government loans

Typically, businesses approved for an SBA loan through Singh’s Capital Group have $50,000 to $5 million in annual revenues and 1 to 40 employees. Most are profitable and cash flow positive. All can provide proof that they are able to make the monthly loan payment.

SBA 7(a) Loan - Uses of Proceeds

Depending on the amount you want to borrow, you can use the funds from an SBA 7(a) loan for a variety of purposes like refinancing high-cost debt, hiring, inventory, marketing, or purchasing commercial real estate.

Debt Refinancing / Working Capital
$30,000 – $350,000

Loans of this amount can be used for working capital (such as operational expenses, marketing, hiring, etc.), new equipment purchases, and refinancing existing business debt not secured by real estate (such as cash advances, business loans, and equipment leases).

Commercial Real Estate
$500,000 – $5 million

Loans of this amount can be used for the purchase or refinance of commercial real estate that is 51% owner-occupied.

If you would like to apply with one of our online partners you can apply with the link below: