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The 504 SBA Loan Program provides long term financing for major fixed asset
purchases. This program provides loans from $250,000 to $2 million in financing
to small businesses and USDA loans up to $4 million. It is designed for corporations, partnerships, and
proprietorships with a net worth not to exceed $6 million.
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The 7A SBA Loan Guaranty Program provides the Bank up to 75% guaranty on
Long term loans when the proceeds of the loan are used for fixed asset
purchases, working capital, or the refinance of existing debts for
owner-occupied businesses.
How do SBA
Loans work?
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The U.S. Small Business Administration (SBA) was created by Congress in 1953 to
help America's entrepreneurs form successful small enterprises. SBA loans
are not actual government loans. They are, in fact, loans from a lender
that are guaranteed by the U.S. Small Business Administration. Most often SBA
loans provide funding for small businesses that are unable to obtain more
traditional financing. For loans over $150,000, the SBA guarantees up to
75 percent of the loan.
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SOLOANE D. JACKSON has been in the banking and finance industry since 1990. She
serves the state of Florida, specializing in SBA financing assistance, as well as standard Small
Business Commercial loans. In
2002, she assisted qualified business owners in securing over $10 million dollars
in government backed financing for the purchase of commercial real estate,
equipment and working capital.
SBA Loans are considered specialty loans and require careful attention
and skillful handling. Soloane, along with a team of professional
partners, business brokers, CPA's, and attorneys all work hand in hand with
the business owner to expertly package loans for quick and easy approval.
SBA loans are funded through a preferred lender.
Soloane is a graduate of Barry University with a Bachelor of Science degree in
Professional Studies and Business Management.
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Lender MB#0422689
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Do you Qualify? Find out NOW!
While government guaranteed loans are most often used by small businesses who
are having difficulty securing traditional funding, there is very specific
criteria which must be met in order to qualify for an SBA loan.
Click here to
find out more.
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