Is an SBA Loan Your Company’s Best Option?
Finding finance for your fledgling firm may be difficult. Most banks and credit unions only finance well-established companies with experienced proprietors who have been in business for some time. You might not be able to raise money the normal ways if your company is new or you are new to your industry. With small business loans from QuiqLoans in Moss Street, Los Angeles, your business can expand.
Do you know the terms of an SBA loan?
SBA loans have forgiving requirements. A loan may be financed for up to 80% of its total amount for a usual 15-year term. Prepayment results in no penalties. Additionally, prequalification may occur within 48 hours of the submission of your application. We consider a variety of variables when determining which SBA loan applications to approve, but your company’s cash flow is the key one.
We offer loans at low rates. Additionally, we provide fixed and variable pricing.
Which Business Types Are Eligible?
At QuiqLoans, our customers represent a wide range of business sectors. They take out loans from us to renovate, reorganize, and grow their company. Hotels, hotels, daycare facilities, car dealerships, auto service centres, gas stations, car washes, single-use structures, and veterinary clinics are a few examples. If you are unclear if your business qualifies, don’t be afraid to contact us.
We also approve loans for equipment financing. The machinery that is covered includes, among other things, heavy machinery, diagnostic technologies, dry cleaning and laundry equipment, machine tools, manufacturing equipment, haulage equipment, and medical devices.
Don’t let your previous loan rejections deter you from making investments in your company. If you want to find out if you qualify for small business loans in Moss Street, Los Angeles, get in touch with QuiqLoans right immediately.
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