Loan program is basically sketched for the existing small businesses and startups. For helping those businesses, SBA took a stand earlier in the year of 1953 and from then it is continuously putting a great impact on the small business industry. Since SBA never lend out the loan itself, we are always there for you with a quick, short and easy loaning facility. Miner Capital has been a profound source for the SBA 7(a) loan and it is continuing to regain the reputation. We hold out the loan with totally clarified manner as our clients are the most important part of our business.
We give out the SBA 7(a) Loan Program with the terms below:
LOAN SIZE | Minimum – $50,000 Maximum – $5 million |
INTEREST RATE | Predominantly variable; certain fixed-rate alternatives |
TERMS |
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LTV Up to 90%DOWN PAYMENT | Minimum 10% borrower(often more) Up to 90% |
ELIGIBLE BUSINESS SIZE |
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LOAN STRUCTURE |
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PROCEEDS USE |
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PROGRAM REQUIREMENTS |
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COLLATERAL |
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FEES |
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CLOSING TIME | As soon as 45 days |