Small Business Loan

An All-Encompassing SBA Loan Benefits a Wide Range of Companies

Are you looking for traditional financing for your new or established company? A small business loan from JNI Commercial Lending could be exactly what you need. We offer our Small Business Loan Program in cooperation with the Small Business Administration to assist many businesses of all types and sizes.

How to Qualify

Qualifying for an SBA loan depends on several factors. For the most part, your company must have some sort of cash flow that is managed well. Other requirements will depend on your personal situation. Funding is available for all types of businesses, including:

  • Car dealerships and automotive repair shops
  • Gas stations and car washes
  • Veterinary practices and healthcare facilities
  • Hotels and motels
  • Single-purpose buildings
  • Childcare facilities
  • Many other properties

Loan Terms

Loan terms vary based on the business owner and the company, but typically are for financing of up to 80 percent over a 15-year term. These amortized loans do not balloon or have prepayment penalties and you can become prequalified in as little as two days. Larger loans of up to $5 million are available at 90 percent financing and over a 25-year term.

What to Use the Financing For

You can use your SBA loan for a variety of business-related purposes. Use it to purchase a new business property or renovate your current one. It is also beneficial for purchasing inventory, hiring new employees or financing a range of equipment, including machine tools, medical equipment, printing and office equipment and more. Some business owners also choose to use some of the money for large marketing campaigns to bring in more business.

Schedule Your Consultation Today

A small business loan could be exactly what you need to get your business to do more than simply survive. If you’d like a thriving company, contact the team at JNI Commercial Lending and begin the loan application process.