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SBA & USDA

SBA Loan Providers SBA-image-in-center-of-page
SBA LOANS
K2 Capital specializes in providing long-term permanent financing to small businesses via the SBA 7a loan program.

What are the eligibility based on SBA size standards? 

Typically, retail businesses with annual sales of less than $6,000,000, manufacturing businesses with less than 500 employees, and service businesses with less than 100 employees. Eligible businesses include those in retail, manufacturing, and services industries.

Advantages of SBA Loans

  • Low Down Payments
    • 10% on Owner-User Real Estate AND Business Acquisition
    • Enables borrower to purchase larger building for future growth potential
    • Enables borrower to purchase larger business
  • Long Amortization
    • Up to 25 years on Owner-User Real Estate, fully amortized
    • Up to 10 years on Business Acquisition without real estate
  • Short prepayment period compared to conventional
  • No balloon payments
  • No Loan Covenants

 

 

What type of SBA loans will K2 Capital source?

Although SBA loans can be used for a variety of business loans, K2 Capital only sources:

  • Real Estate loans for Owner/ Occupied buildings (51% or greater)
  • Business or Franchise Acquisitions from $1 Million to $5 Million
  • Working Capital when accompanied with Business Acquisition

Why use K2 Capital for your SBA loans?

  • We match each loan with a lender who will actually get it funded.

Every SBA lender has a “credit box”. What kind of deals they like. What kind of deals they don’t like. Some like franchises. Some won’t touch them. Because K2 Capital works directly with numerous preferred SBA lenders, we can help expedite your loan request by placing it in the hands of the perfect lender.

  • We help you get prepared.

SBA loans can be paper intensive. We will work with you to prepare the necessary paperwork to the right lender, with a full package. Submitting incomplete packages to a lender is the number one reason for loans getting delayed or not funded.

  • Mutual Alignment.

K2 Capital is compensated by the lending institutions, not the borrower. This ensures that our interests are always aligned in getting our clients funded.

SBA Loan Providers USDA Loan
USDA B&I
USDA B&I stands for USDA Business & Industry Loan. It is one of the five loans under the USDA Rural Development Program umbrella. USDA B&I Loans start at $2 million and have a dynamic maximum of $25 million.

The business owners we serve are often surprised to hear that the USDA supports more than agriculture alone. In fact, the USDA Business & Industry loan program has nothing to do with agriculture at all.

The USDA B&I Loan Program empowers entrepreneurs and entities of all sizes with loans of up to $25 million, so long as they operate in communities of 50,000 or fewer.

The USDA B&I loan program is unlike any other. Securing financing requires specialized knowledge of the USDA's criteria, creative solutions to complex requirements, and persistence every step of the way.

Eligible Industries for USDA B&I Loan:

  • Hotels/RV parks
  • Family entertainment centers to include movie theaters, bowling alleys, go-kart tracks, waterparks, amusement parks
  • Oil and gas – gas station or gas refinement, etc. (no exploratory efforts)
  • Waste removal services and landfills
  • Commercial real estate properties (owner-occupied or tenant-occupied)
  • Wineries, vineyards, distilleries
  • Bars, restaurants
  • Dentists, healthcare
  • Hydroponic farms
  • Manufacturing facilities
  • Industrial facilities
  • Grocery Stores
  • Textile manufacturing
  • Event venue/wedding venues
  • Landscaping, nurseries
  • Timber/lumber yards
  • Fabrication companies
  • Bio testing facilities/labs
  • Pharmaceuticals
  • And more
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Qualifies for a SBA or USDA Loan?

Schedule a time to discuss with a K2 Capital representative.

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