Equipment Financing Through SBA Small Businee Loan

Equipment Financing Through SBA Small Businee Loan from Smart Green

By: Smart Green  10/13/2016
Keywords: Accounts Receivable, Student Loans, Small Business Loans

Small Business Owners can apply for a SBA loan if they need the cash to purchase a new equipment for their business. Various SBA loans are availed from last many years and if you are facing any difficulty in getting approval for your loan, then SBA loans can be one of the best option for you. Any small business, which has less than $7 million turn over can apply for these SBA business loans under various categories. SBA has defined the loan limits for its several loan programs.

Borrowers or the owners of small business usually apply for the loan under SBA 7(a) loan program, through which they can get the finance upto $75,000 from any of the local lender. Since SBA does not provide loan directly to the borrowers, instead lenders provide the loans to the borrowers. For Equipment Financing SBA express or 504 Loan Programs are there. The loan amount for which you can apply under SBA express program is $250,000. So for any of your business related need you can apply for SBA loan.
When you will apply for the SBA loan proper documentation is as much important as other loan formalities. The business plan, credit score, cash flow statement and the proof that your business will earn certain profit after getting the loan in a per-specified time are some of the factors which affect the loan application approval. Collateral is an important factor, to check the loan repay status of the business and business owner.

Keywords: Accounts Receivable, business financing, Business Funding, Factoring Services, Small Business Loans, Student Loans

Other products and services from Smart Green

Required Documents For SBA Business Loan Application from Smart Green thumbnail
11/30/2016

Required Documents For SBA Business Loan Application

If you will apply for SBA loan you will need a proper business plan. The business plan, which is required for any of the SBA loan, including micro loans is of 40-50 pages long, through which the business owner has to provide the overview of him business process. Here you will also have to specify that how will you use the loan fund for your business, for that you can create a table, which can showcase the detail of every dollar utilization.


How To Get Fastest Loan Application Approval For Business Debt Refinance from Smart Green thumbnail
11/04/2016

How To Get Fastest Loan Application Approval For Business Debt Refinance

Though, it may be quite a long process sometime, when you apply for any business loan but is not the impossible. Any small business owner can apply and get the SBA loan for any business need like equipment financing or to open a new business franchise. Following the complete procedure can guarantee fastest loan application approval for any loan category. Any SBA lender only looks for these factors in any loan application.


11/02/2016

Attractive Business Expansion SBA Loan Programs

If you are a small business owner, then you will be familiar with the fact that how much cash flow is important for your business. For multiple business needs you may need the financial support. Business finance is important in many ways and can help the owner either in expansion of his existing business or to start a new one or to buy a new equipment to grow it. If you will apply to the banks directly for the loan, then they may not approve it due to many reasons, but SBA provides business loan


All You Need to Know about SBA VA Loan from Smart Green thumbnail
10/28/2016

All You Need to Know about SBA VA Loan

The loan approval of any loan program, depends on the type of SBA loan, it may vary for various loan programs. If you want to get approval for your SBA business loan, then try to submit a loan


Six Step Procedure to Get an Approved Business Loan from Smart Green thumbnail
10/26/2016

Six Step Procedure to Get an Approved Business Loan

Money is the basic need of any business, so either you are going to start a new business or want to expand the existing one, funding is necessary. Sometimes the business owners do not know how can they get the business loan and where they should approach for it. Here is a brief six step explanation, which can help you in getting prepare for SBA loan:


10/25/2016

SBA Small Business 7(a) Loan Program

Every lender can apply for the loan and the interest rate are negotiable between the lender and the borrower. SBA charges a fixed fee from the lenders, which in turn can be charged to the borrowers by the lenders as upfront fees.


SBA Loan Application Review and Procedure from Smart Green thumbnail
10/19/2016

SBA Loan Application Review and Procedure

The loan application is an important aspect when you apply for the SBA loan. So a loan application review is indeed must and unavoidable step towards SBA small business loan procedure.


Loan Application Review- A must for Guaranteed SBA Loan Approval from Smart Green thumbnail
10/17/2016

Loan Application Review- A must for Guaranteed SBA Loan Approval

Are you searching for a small business loan? SBA loans can be one of the most appropriate and fully fledged solutions for getting funds for any of your small business. Either to start a new business or to expand the existing one, you may need the loan for your business at any point of time. At the time when banks do not provide the loan for your business, then SBA (Small Business Administration) can help you.


10/12/2016

SBA Express Loan For Business Expansion

SBA loans can be availed by any small business owner. SBA provides loan either to start a new business or to expand the existing one. SBA loans are available for various needs and purposes of the business. For existing Business expansion you can apply for the refinance or to buy a new machinery for your business.


SBA Veteran Loan Requirements from Smart Green thumbnail
09/29/2016

SBA Veteran Loan Requirements

SBA (Small Business Administration) of US has set new measures for small business loans for veterans. The SBA Veteran loans are authorized under the SBA Express program and they can be up to $350,000. SBA took this initiative in the month of January for the current fiscal month. According to this program Veteran loan borrowers won’t pay any upfront fee for the loan up to $350,000, in this way loan has become cheaper for the borrowers. Veteran borrowers even get the capital into their hands throu


Business Refinancing to Gearup a Small Busness from Smart Green thumbnail
09/28/2016

Business Refinancing to Gearup a Small Busness

You can apply for business refinance either to decrease the interest rate on your existing business loan or to decrease the monthly payment or to add some working capital. Pre qualified business loan can power up your existing business. In order to apply for refinance, you must be certain about some factors.


SBA Loan for Business Debt Refinance from Smart Green thumbnail
09/23/2016

SBA Loan for Business Debt Refinance

There can be a number of reasons, due to which you may need cash flow for your small business. Like you may wish to increase your credit score or may need cash flow to focus on other business aspects, to decrease your existing interest rate and many more. You may now apply for an SBA business loan to refinance your existing business.


Get  Immediate Business Loan with SBA Business Plan from Smart Green thumbnail
09/20/2016

Get Immediate Business Loan with SBA Business Plan

Taking the SBA loan can be rewarding for any small business owner. These SBA loans are government guaranteed and can be availed by submitting complete SBA business plan. You can apply either for SBA 7(a) loan or SBA 504 loan according to your requirement. The loan amount limit and processing time will depend on the type of the loan.


GET PRE-QUALIFYING SMALL BUSINESSES LOANS WITHIN MINUTES from Smart Green thumbnail
09/14/2016

GET PRE-QUALIFYING SMALL BUSINESSES LOANS WITHIN MINUTES

SmartGreen.biz is a web-based technology designed to pre-qualify small businesses for loans up to $350,000 within minutes! Having a direct partnership with one of the largest SBA loan providers in the country allows our clients to receive funds within 30 days. We provide loans for a variety of purposes including: Working Capital, Equipment Purchase, Business Expansion, and Debt Refinance.