top of page
When you are planning a major investment to significantly grow your business, an SBA Loan may be an option to pursue. These government-guaranteed loans offer what are usually the lowest interest rates, longest terms, and highest borrowing limits of any small business loan. However, they have higher qualification requirements and are more challenging to apply for. That's where the experts here at Cornerstone Finance can help!
Fast Approvals
In as little as 2 hours!
Advantages of a CornerStone Finance Credit Card Cash Advance
Highest Borrow Limits
Funding amounts from $50,000 to $10 million
Maximum ROI
Manageable monthly payments won't put a hit on your cash flow or prevent you from taking advantage of other capital opportunitie
Longest Terms
From just 3 years up to 25 years
Lowest Available Rates
Starting at just 3.75%
How it works
Why do traditional small business loans carry higher rates, shorter terms and lower borrowing limits? Because they pose greater risk to the lender in the event the borrower defaults.
They key to SBA Loans is that they're backed by the Small Business Administration, an agency of the U.S. government. In most cases, the SBA will guarantee a large portion of the loan – up to 85% of loans up to $150,000 and up to 75% of larger amounts. Because lenders face less risk of losing the entire principal if the borrower defaults, they are willing to provide what are usually the best loan terms available anywhere on the market for small businesses.
Do you qualify for SBA funding?
As you might expect, SBA Loans carry much higher requirements to qualify than traditional small business loans. In addition to a good credit score and a consistent strong cash flow, you'll generally need to have annual gross sales of at least $360,000, at least 10 employees, be in business for at least two years with no bankruptcies or foreclosures in the past three years, and no tax liens.
That's why your smartest move is to fund through CornerStone Finance. Our alternative financing experts have many years of experience securing SBA Loans for all types of companies. Best of all, we make this whole process super easy for you. We will be able to walk you through the documentation needed, as well as the steps needed to apply, which helps ensure your best opportunity for approval by the lender, and ultimately secure the loan guarantee from the SBA.
How to Apply
Get your docs together
There's a great deal of documentation required to apply for an SBA Loan. In addition to business bank statements, balance sheets and tax returns, you'll need to provide a personal credit history, personal financial statement and 3 years of personal tax statements, as well as other information. Our representative will help determine what's needed to qualify for the loan amount you need.
Call or complete our Online Application
To get started, simply complete and submit our Online Application or give us a quick call at (732) 692-4620.
We'll do the rest!
Our expert small business lenders will gather and review your information and contact you to explain your available options and ensure the approval process is quick and easy!
1
2
3
The Loan You Need, Right When You Need It!
bottom of page