Money For Small Businesses

The Small Business Administration has recognized Lode Capital as a Preferred Financial Services company. This enables us to process SBA loans quickly and efficiently. If you have a small business and would like to structure a loan for a real estate purchase, business acquisition, equipment leasing, or other need, talk to us. We can help.

Real Estate

Whether you need to build a new building, remodel an old one, or refinance what you already have, there’s a small business loan for that. Lode Capital works with just about any commercial property, including the following:

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

Existing Business Acquisition

We have excellent terms and rates for business acquisition loans. They are fully amortized and typically carry 15-year terms. There’s no ballooning here. Get financing up to 80% with no prepayment penalties. To qualify you must show good business management and cash flow with your current business.

Equipment

The Small Business Administration also offers loans for equipment. Just about any legitimate business equipment can be financed, such as:

• Heavy and trucking equipment
• Laundry or dry cleaning equipment
• Printing and binding machinery
• Medical and diagnostic equipment
• Machine tools
• Computers and office equipment

These loans carry flexible terms and rates with the 7a and 504 programs. With financing up to 90 percent, you can borrow up to $5 million. Terms are available over 25 years and there are no prepayment penalties.