Small Business Loans for Entrepreneurs
Business ownership is one of the most common dreams. People want to feel like they are their own boss and in charge of their future. A small business loan can help you make your dreams a reality. MAI Capital is a Preferred Financial Services lender approved by the Small Business Administration to process SBA loans.
Financing Your Dream Location and Business
Are you interested in cars, and have you always wanted to open your own repair shop or auto dealership? Small business loans are the perfect lending vehicle to help make your ambition a reality. You can use the loans to renovate, refinance, or purchase property. Some of the more common property types include:
- Motels and hotels
- Gas stations
- Veterinary practices
- Car washes
- Car repair shops
Financing Your Business’s Equipment
Unlike other lenders, our small business loan program covers equipment financing. Whether you run a medical facility or a manufacturing company, you can use the loan to purchase new equipment. Some examples of equipment purchases include the following:
- Trucking equipment
- Medical equipment
- Diagnostic equipment
- Manufacturing equipment
- Heavy equipment
Financing Business Acquisitions
We can also help if you are looking to acquire an existing business. We will need to review cash flows and management practices before we can approve any loan. If approved, you can expect to receive up to 80% financing with a 15-year term and no balloon payments or prepayment penalties.
Financing Up to $5,000,000
You read that right. We can approve loans up to $5,000,000. These loans typically come with a 25-year term and up to 90% financing. You will enjoy competitive rates with both our 7a and our 504 programs.
Contact Us for More Information
Are you ready to move forward with your application, or do you have more questions? Contact a MAI Capital team member for help with the application process.