Capital Sources for Your Small Business Needs
Starting a small business takes courage, but it also requires capital. As a Small Business Administration (SBA) preferred financial services company, Global Funding Platform can help you get your company off the ground. We have a 7(a) loan program, as well as other financing options. Our specialties encompass nearly any for-profit business. Let us help with your cash flow or operational costs with our quick and efficient small business loan processes.
Real Estate Options
We understand that when it comes to real estate, every company’s need is unique. Thanks to our extensive industry experience, your options are not limited to property purchases. We also offer loans to refinance, build or renovate properties such as single-purpose structures, non-conforming properties, and others, including:
- Automobile dealerships
- Fuel stations
- Hotels and motels
- Convalescent hospitals
Acquiring an Existing Business
Your company’s cash flow and management capabilities are the primary indicators of our existing business acquisition loan features. These include:
- Full amortization
- Terms up to 15 years
- Annual limits up to $1.25 million
- Financing up to 80 percent
We do not charge penalties on prepayments, and our 48-hour pre-qualification process makes determining your eligibility simple and painless.
Up to 100 percent financing is available on our equipment loan options, and they include:
- Medical supplies
- Diagnostic tools
- Commercial printing
Second Mortgages and Refinancing Options
Second mortgages on real estate have maximum terms of 20 years, and fees are 2.75 plus a legal review fee, as well as the following:
- Closing costs
- Construction loan fees
- Bridge fees
We offer up to 100 percent financing on debt refinance loans.
SBA Size Standards and Eligibility
Businesses in the retail, manufacturing or service industries are eligible for a small business loan based on the SBA size standards. These are defined as follows:
- Retail – annual sales lower than $6 million
- Manufacturing – fewer than 500 employees
- Service – fewer than 100 employees
At Global Funding Platform, our specialty is providing small businesses with long-term, permanent financing. Our small business loans are made through the SBA guaranteed loan programs. Contact our team today to begin exploring your options.