SBA 7a Loan

Our success is measured when we get your business the money it needs. In order for us to be effective we must stay current on the lending market of all the financial institutions. We consider this business intelligence to be our competitive advantage. We use this knowledge to get you the best terms, rates and conditions the credit market will bare.

Currently we have an SBA Lender that will lend on the following conditions (SBA 7a Loans).
-Fixed rate financing
-As little as 10 % Down payment
-25 Year Term (fully amortizing) for real estate, 10 years for Equipment and business acquisition.
-Refinances are permitted
-No balloon payment
-Limited prepayment penalty (5%, 3%, 1%), No penalty for loans under 15 year term
-Up to 90% financing on construction Loans
-Loans up to $2.0 Million

It is very difficult to get a fixed rate in this economic environment. It is also very difficult to get a fully amortizing loan in business banking. This lender has asked us not to disclose their name in order to reduce the risk of rising competition in this niche lending market.

Although the SBA 7a loan is not the best solution for every business, the Hoffman Consulting Group knows where to get the most competitive financing available. We look forward to working with your business.

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