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At Platform Funding Group, we strive to provide businesses with funding designed to meet their unique needs and to fit within their budgets. Though every company’s needs are different, one loan small businesses routinely benefit from is the small business loan. For help with the application process, and to increase your odds of getting approved, contact us today.
The SBA loan may be for small businesses, but that doesn’t mean it offers limited capital. Because of our position as a Preferred Financial Services Company partner, we can comfortably grant small business commercial loans of up to $5 million with competitive rates and flexible terms. For both the 7a and 504 programs, our rates are fixed and variable. We offer terms of up to 25 years with full amortization and do not charge prepayment penalties.
At Platform Funding Group, we don’t want to tell you how to use your loan money, so we won’t. Whether you wish to finance commercial property, want to purchase an industrial building or plan to boost your equipment inventory, we’re simply happy to know we had a role in helping you grow your business. Two common uses for a small business loans are to finance industrial and commercial real estate and to purchase new equipment. Some properties borrowers acquired with an SBA loan are as follows:
Before approving a business for a small business loan, our lending team looks to a few different performance indicators. The two primary factors we will consider when you apply are your business’s cash flow and how well your business is managed. Once you apply, you may receive a prequalification in as little as 48 hours.
To succeed in your industry, you need the right funding. Get in touch with us to begin the fast and easy pre-qualification process for your small business funding today so you can grow your company.
