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Our loan approval success rating is 97% over our 35+ years of SBA experience
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Small Business Administration Loans

The Small Business Administration (SBA) has a number of financial programs for small businesses, like the commonly used 7(a) Loan Program, but the process to get your funding in place can be confusing. These funds can be used for anything from construction of a new building to stocking inventory.

Benetrends has been securing SBA financing  for 35+ years and has one of the best loan approval success rates in the industry. With a large and expanding network of lenders, you will have choices when it comes to selecting a loan.  You’ll also have access to our dedicated staff – experts in loans for businesses – to ensure the fastest possible application processing, including a dedicated loan closer to assist with the closing process.  

Other benefits of working with Benetrends includes:

  • Customized solutions based on your individual needs - one size does not fit all
  • Typical cash injection of 20% on SBA loans (not the 25-30% quoted by other providers)
  • Fixed-rate loans available in most areas with a total cash injection of 25%
  • 10% cash injection in TX, CO, FL, IL and MO
  • Loans secured in all 50 States
  • Working capital lines of credit after 3-6 months in business - 48-hour approval and funding in less than one week
  • Expedited approvals/funding on loans $150k or less with no personal collateral
  • Expertise with emerging brands,mature brands, single location, multi-unit expansion and re-sales
  • FREE pre-qualification

EXPLORE LOAN OPPORTUNITIES

7(a) Loan Program:

This is most commonly used to purchase a business or expand an existing one. Loan amount you can qualify for: $50,000 to $5 million.

WHEN TO USE SBA ADVANTAGE LOAN PROGRAM:

  • Funding of new business start-up costs
  • Construction of a new building
  • Refinance of business debt
  • Working capital
  • Purchase of commercial real estate
  • Tenant improvements
  • Equipment financing and inventory

ELIGIBILITY REQUIREMENTS:

  • May need to provide collateral
  • Usually 20% to 30% down
  • Written business plan
  • Three years of tax returns
  • Personal financial statement
  • Updated personal resume

SBA Preferred Loan Program (FastTrack Program)
The FastTrack Program is an easier, more streamlined process that many find suit their desire to get their business funded, open and running quickly. Given our high success rate of 97%, this has become one of our most successful funding options.

Loan amount you can qualify for: $50,000 to $150,000

THE BENETRENDS ADVANTAGE:

  • No charge for qualification screening
  • Process and send application after in-house review and issuance of service agreement
  • Money-back guarantee on 100% of our fee (restrictions apply)
  • Feedback on applications within 48 hours, and closing within 45 days of approval
  • Approval within five to seven business days
  • Low interest rate

ELIGIBILITY REQUIREMENTS:

  • Strong personal credit
  • No bankruptcy judgements of liens within the past 10 years
  • Requires 20% equity injection in most cases
  • For-profit business
  • If you’re going to buy a franchise, the brand needs to be on the SBA-approved registry 

 

504 Loan Program
This long-term financing is used to acquire real estate or equipment for expansion or modernization. The borrower is expected to come up with 10%, and the bank takes a first mortgage of 50%. The remaining 40% is raised by the sale of debentures that provide the borrower with a 20-year fixed rate.

Loan amount you can qualify for: $200,000 to $5 million+

When to use the 504 Loan Program:

  • Start up or expand an existing business
  • Fund a franchise
  • Purchase real estate
  • Finance equipment
  • Require longer terms for expansion projects, equipment or real estate purchases
 
Learn More About Your Funding Options
No Obligation Consultation
Talk to a Funding Expert

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“All Benetrends staff are consistently helpful, kind, knowledgeable, professional, responsive and non-robotic!.”

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    Lansdale, Pennsylvania 19446

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Our Pledge to You

Our mission is to make every Benetrends client our champion. For over 35 years, our Rainmaker Plan® has been tested and proven to work, providing a means for more than 17,000 entrepreneurs to achieve their dreams of business ownership, creating both jobs and prosperity. We are so confident in the Rainmaker Plan design that we stand fully behind our work, backing every client with our Rainmaker Guarantee.

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Information provided by Benetrends Inc. is not intended to be used as legal or accounting advice, or as the sole basis for investment decisions, nor should it be construed as advice designed to meet the particular needs of an individual investor. Please seek the advice of legal or tax professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
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