Small Business Loans Help You Move Your Business Forward

There are a variety of benefits offered to small businesses by the SBA. HDA Financial Firm has a small business loan program to help you get started, expand and take market share from your competition. With the backing of the Small Business Administration, we can help you with your loan needs.

Competitive Loans

Receive competitive rates on loans up to $5 million. The flexible terms don’t come with any prepayment penalties. Full amortization is achievable with terms over 25 years. Up to 90% of the requested amount can be financed with both variable and fixed rates available. These loans are available through the 504 and 7a SBA programs.

Equipment Financing

Equipment is necessary for any business regardless of size. Certain industries come with expensive equipment, but a small business loan can help you purchase what you need including:

  • Medical equipment
  • Diagnostic equipment
  • Manufacturing equipment
  • Machine tools
  • Printing and binding machinery
  • Laundry or dry cleaning equipment
  • Trucking equipment
  • Heavy equipment

Existing Business

Small businesses can acquire the funds needed to purchase another business or open a new franchise with an existing business acquisition loan. In as little as 48 hours, be prequalified for up to 80% financing on a 15-year term loan. No balloon payments or prepayment penalties to worry about. We look at how well the business is managed and your business’ cash flow to make a decision.

Financing Property

Finally, get the money you need to finance the purchase of a commercial property. Or use the loan to refinance or renovate an existing property. Funding is available for a variety of property types including:

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

With all the uses for a small business loan, why wait to make the call to HDA Financial Firm today? The future of your business is waiting on your application.