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SBA (U.S. SMALL BUSINESS ADMINISTRATION) LOANS

Redmond Lending Group works with small businesses to provide long-term financing through the SBA and their 7(a), 504, USDA Rural Development loan guarantee programs.

With SBA there are many creative ways to look at business loans often not funded through conventional means.  From starting a new business or acquiring an existing business, these loans are geared toward providing borrowers comfortable options to see their vision become reality.  All loans will be considered!  We have a national footprint in providing you opportunity wherever you’re looking to do business, including construction loans!

SBA 7(a) loans up to $5 Million

SBA 504 loans up to $16 Million

USDA loans up to $20 Million

 

BENEFITS FOR SBA GUARANTEED LOANS OVER CONVENTIONAL LOANS

/  Lower down payment

Longer amortization / lower monthly installments

No balloon payments

More flexible underwriting

 

BENEFITS FOR SBA GUARANTEED LOANS OVER CONVENTIONAL LOANS

Real Estate Purchase, construction, refinance or improvements

Majority of space should be owner occupied (more than 51%)

Business Acquisition & goodwill

Equipment purchase

Permanent Working Capital

Expansion financing or debt consolidation 

 

TERMS

Fully amortized, no prepayment fees, loans are assumable

Real estate as low as 0% down, up to 25 years!

Business acquisition as low as 10% down, up to 10 years

Equipment acquisition up to 10 years or useful life

Permanent working capital up to 10 years

GET IN TOUCH

We take pride in working for YOU to help you achieve your long-term business & personal financial goals 

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(256) 705-0985
robby@redmondlending.com

228 Holmes Ave. NE 5th Floor. Huntsville, AL 35801

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