Finding a loan for your small business can feel like an impossible task. Schedule a consultation with our team if you’re looking for an alternative option that won’t limit your cash flow. In a few minutes, we can determine if you may be eligible for the SBA 7(a) or 504 programs and start structuring your loan.
SBA business loans are designed to provide favorable lending terms to companies that have exhausted their other lending options. Whether you run an assisted living facility, marina, or medical office, Madison One CUSO can help you get the capital you need to grow your business.
An SBA loan for small businesses from Madison One CUSO gets you:
- Long repayment terms
- Fully amortized loans without balloon payments
- Minimal equity injection requirements (up to 90% financing)
- Single-digit rates
- Improved monthly cash flow
- Continued support from our team of SBA loan experts
The eligibility requirements for both SBA loans for small businesses are similar. You must qualify as a small business operating in the U.S. with a reasonable amount of invested equity and plan to use loan funds for eligible purposes. Not sure if you qualify? Give us a call to learn more.
The use case for your SBA loan depends on your loan type. You may use SBA 7(a) loans for various purposes, from acquiring a business to consolidating your existing debt. SBA 504 loans are designed to promote business growth and can only be used to purchase or renovate real estate or buy equipment that is critical to your operations.
The Madison One CUSO team understands that cash flow is critical to your business. We work with our credit union partners to secure long-term loans for small businesses with reasonable monthly payments so that you can put as much money toward business growth as possible. After a consultation, our team can use an SBA loan calculator to estimate your payments.
At Madison One CUSO, we’re dedicated to helping small business owners across the country navigate the SBA and USDA loan programs and achieve the growth they envision. That’s why we built an accomplished team of government loan experts with decades of combined experience and partnered with two trusted credit unions to ensure our business members get the loan terms they deserve. We’re not just a lender; we help you better understand what you need to apply for an SBA loan and your long-term responsibilities. We can guide you through preparing a business plan, taking advantage of lesser-known SBA regulations, and finding the loan program that best fits your needs.
If you’re too busy running a business to become an expert in loans for small businesses, turn to Madison One CUSO today.