Why a Small Business Loan Is a Preferred Type of Financing

As a small business owner, you have a lot to think about, including marketing, sales and everyday business operations. If you’re just starting out, you may also be struggling to maintain good cash flow and keep sufficient working capital on-hand. Fortunately, there are small business loans available to help companies just like yours get off the ground. A small business loan from GP Solutions LLC is a great solution because it comes with fair rates and no prepayment penalties.

How To Tell if You Qualify

You don’t need to have a lot of collateral to qualify for an SBA loan. We’ll take a look at your company’s cash flow and analyze how well it is managed. We’ll also look at a few other indicators when deciding whether or not to grant a loan. Fortunately, you can find out if you’re pre-approved in as little as 48 hours.

Qualifying Business Types

We’ll finance practically every type of business. Here are a few examples of properties we work with regularly:

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

If you’re interested in renovating, refinancing or purchasing a property, chances are we can fund your project. An SBA loan is ideal, whether you need a small loan or you require up to $5,000,000 for your project. Our loans come with 25-year, fully amortized terms. You can receive fixed or variable rates through our 504 and 7a programs, depending on your qualifications and preferences. Our loans don’t’ come with balloon payments at the end, and they offer financing up to 90% for large loan amounts. Smaller loan amounts offer financing up to 80%.

Learn More

Want to find out more about our small business loan program? Call us anytime during regular business hours and we’ll gladly answer your questions and send you an application.