Federal Financial Support for Your Small Business
It takes a lot of guts to branch off on your own and start a small business. It takes an equal amount of courage and fortitude to be willing to accept that it may be next to impossible to do so on your own. Statistics show that as many as 70 percent of small businesses fail during their first few years of operations simply due to a lack of reliable funding. Sadly, many of these companies go under not knowing that such assistance is readily available. Your business, however, can be spared such a fate when you have the expertise of our team here at Laere Capital to rely on.
Understanding the SBA Loan Program
Through the federal government’s SBA program, small businesses such as yours can get the funds needed to:
- Purchase or lease new properties
- Buy new state-of-the-art business equipment
- Consolidate debt payments
- Purchase an ownership stake in an existing business
To qualify for this financing program, your company simply needs to meet the industry specific staffing and revenue criteria to qualify as a small business. If you do, you can easily qualify for financing of up to $5 million at market competitive rates through an SBA 7(a) or 504 loan.
Why Get Your SBA Loan Through Us?
At Laere Capital, we offer one of the largest and most diverse lending networks in the commercial finance industry. This allows us to work directly with companies that have been granted the authority to approve SBA financing. This allows us to turn your loan application around in a mere matter of days, as opposed to the weeks or even months that some other firms may require you to wait.
Few businesses are ever able to succeed without having some means of external support. Thanks to our vast lending network, we at Laere Capital can provide your company with such assistance. Our relationship with SBA-approved lenders will ensure that you get the funds from your small business loan when you need them. With our help, your business will have the backing it needs to endure and thrive. Give us call today to let one of our commercial finance experts answer whatever questions you may have about this exciting loan program.