The government-backed SBA Loan Program provides competitive interest rates, low down payments, short prepayment options, and flexible overhead requirements.
When you occupy more than 50% of the property or purchase a business with the property, we can arrange a funding with the SBA loans. The advantage of the SBA loan is low down payment requirement, which is usually 10% - 15% of the purchase price. Usually, the determining factor of the down payment is the cash flow of the selling business which drives the debt service coverage of the new financing.
Precision Lending Group works with Bank as well as Non-Bank SBA Preferred lenders to provide proper solutions that meets the needs of our clients. We can find solutions even if you are turned down by a traditional bank.
We can fund on most businesses including special purpose properties. Special purpose properties may require 20% down payment, and 5% can come from seller carry back.
Following is some of the businesses we can arrange funding solutions.
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