SBA Loans For Your Small Business
SBA 7(A) Loan Size $150,000 to $2 million
SBA loans offer significant advantages to businesses operating in the heavy construction equipment industry. These loans provide the necessary funding for a variety of purposes, including purchasing, leasing, or refinancing commercial real estate specific to the industry.
Whether you need to acquire heavy construction equipment, upgrade machinery, or make leasehold improvements to your facilities, an SBA loan can support your needs. Additionally, these loans can be used to expand your business operations, acquire necessary furniture or fixtures, or even finance the acquisition of another business in the same industry. SBA loans also provide working capital solutions to address cash flow needs related to the heavy construction equipment business.
With SBA loans, start-ups in the heavy construction equipment industry, including franchises, can access the financing they need to establish and grow their businesses. These loans offer flexibility, competitive interest rates, and longer repayment terms, making them an ideal choice for those in the heavy construction equipment industry seeking financial support.

- Retail and service businesses with sales (three-year average) not exceeding $6 million to $20 million, depending on the industry
- Wholesale businesses with employees up to 100 regardless of sales volume
- Manufacturers with employees up to 500 depending on the industry, regardless of sales volume
- Commercial real estate (purchases, construction, or refinance)
- Leasehold improvements
- Business expansions
- Machinery, equipment, furniture or fixtures
- Business acquisition
- Working capital (offered in conjunction with some of the above)
- Start-ups (ALL Franchises, Motels, Restaurants, Gas Stations and C-Stores)
- Business must have adequate historic cash flow to cover the proposed debt
- Business debt to net worth must meet industry averages
- Borrowers must be actively involved in the day-to-day operation of the business
- Satisfactory personal credit histories are required for all principles and guarantors
- No past bankruptcies or felony arrests
- Loan packaging fee: $750 to $2,000
- Fee is based on loan size, it is collected at the time of loan submission; refunded if declined by credit
- SBA guaranty fee: 1.70% to 2.60% of the loan amount
- Fee can be financed in the loan