Great Rates on Small Business Loans

French Broad Capital offers financing for small businesses with the approval of the Small Business Administrations. A small business loan can be the tool by which your business weathers the next economic downturn. We have the means to process small business loans quickly and can get you working on your next purchase.

Loan Benefits for Small Businesses

What can your business do with $5 million? At French Broad Capital, that’s how much your small business could qualify for. We offer flexible terms and competitive rates that let you get the most of this money. An SBA loan from our firm comes with up to 90% financing over 25-year terms. We have both fixed and variable rates in 7a and 504 small business loan programs. There are many uses for this kind of financing.

Existing Business Acquisition Loans

To acquire an existing business with a small business loan, there are a few qualifying factors to consider. These include the existing cash flow and how well it is managed. If you qualify, you can expect up to 80% financing, 15-year terms, no ballooning and no prepayment penalties.

Equipment Financing

Being a small business doesn’t mean you don’t use large equipment. Expensive equipment can be cost prohibitive for small businesses without financing. Luckily, French Broad Capital is here to finance your equipment needs, including:

  • Medical and diagnostic equipment
  • Printing and binding machinery
  • Laundry and dry-cleaning equipment
  • Trucking equipment
  • Machine tools
  • Manufacturing equipment

Property Financing

An SBA loan can also be used to finance property. Whether you want to purchase, renovate, refinance or build, French Broad Capital is ready to help. We can finance a variety of building projects, including:

  • Car repair shops
  • Car dealerships
  • Gas stations
  • Hotels and motels
  • Single-purpose buildings
  • Child care facilities
  • Nonconforming properties

Find out more today by contacting our office. We can discuss your needs and get you started on the right application in no time.