Small Business Loan
How Can an SBA Loan Help You Build a Better Business?
Because the economy constantly fluctuates, it is often hard for small businesses to stay afloat. Small companies often lack the revenue to stay afloat during slow economic periods, but a small business loan is a great solution that gives your company a stable financial foundation. The SBA loans provided by PeakStream Capital are designed to help your business remain competitive.
What Are Small Business Loans?
A small business loan is a flexible form of financing that can be used in a wide variety of ways to benefit your company. You are free to use the money you receive to launch an advertising campaign, consolidate debt or stock inventory as necessary. PeakStream Capital extends this avenue of financing to business in nearly any industry, including those listed below.
- Car dealerships
- Child-care facilities
- Gas stations
- Hotels and motels
- Veterinary practices
- Car repair shops
What Are the Terms for Small Business Loans?
PeakStream Capital works with both new and established small businesses. The terms you qualify for vary depending upon which category your company falls into. If you own a startup, you stand to qualify for financing of up to 90% with 25-year terms. Established companies qualify for 15-year terms with 80% financing. Regardless of which option you choose, your loan will come with full amortization. We have no ballooning or pre-payment penalties, and you stand to receive a loan amount of up to $5 million regardless of whether your company is new or existing. Choose from fixed or variable rates in our 7a or 504 programs to accommodate your company’s needs. In most cases, we can provide you with the money you need quickly.
If you want to give your small business a stable financial foundation, an SBA loan is an excellent option. Contact PeakStream Capital today to discuss your financial options and let us customize a loan solution to fit your company’s needs.