Same Day Equipment Financing SBA Startup Funding South End Capital a division of Stearns Bank, NA.

South End Capital a division of Stearns Bank, NA, LendingTree.com, Business Loan Analyst, LendingTree® Mortgages, BusinessLoanAnalyst.com, LendingTree® Official Site, We are one of the nation’s top equipment financing lenders with over 30 Certified Lease Finance Professionals (CLFP) on staff. Our customized term and payment options match your business’s cash-flow cycle, and our innovative loan portal and live personal support enable us to issue financing approvals in hours, and fund in less than a day. 
$5,000 to $5 Million+
Custom Payment Options
Competitive Pricing
Up to 60-Month Terms
Most Industries Eligible
Dealer & Private Party Sales
Nationwide Financing
0% Down on Purchases
Start-Up Terms Available
Approvals in Hours
Same Day Funding
NEW and USED Equipment 
As a division of a $2.3 billion bank, you can count on the most competitive terms and a tailored equipment financing structure that works for you. Any mission critical equipment and most industries are considered. Click below to learn more and be contacted by a team member.
Showing posts with label machinery. Show all posts
Showing posts with label machinery. Show all posts

Tuesday, April 2, 2019

Acquisition And Development Financing

Acquisition and development financing involving a SBA "Certified Development Company" (CDC) provides you with long-term, fixed-rate financing for major fixed assets (land, buildings, etc.).

This program contributes to community economic development. The CDC works with commercial lenders to provide financing to businesses.

This program includes a loan from a commercial lender that covers 50% percent of the project and a second loan for up to 40% of the project cost from the CDC that is 100% SBA guaranteed for a combined 90% LTV.

Funding from this program can be used for:

Purchasing land and improvements, including existing buildings
Grading, street improvements
Utilities, parking lots and landscaping
Construction of new facilities
Modernizing, renovating or converting existing facilities
Purchasing long-term machinery and equipment

The loan program cannot be used for: Working capital or inventory, consolidating or repaying debt, or refinancing.