Smart Business Growth With SBA Loans
If you own a small business, you may not have the resources to finance expansions, remodels, large equipment purchases, or any number of other important steps to help your business grow. Oxbow Capital Partners offers small business loans in coordination with the Small Business Administration, so you can invest in your business without the risk of crippling debt.
Benefits of SBA Loans
Even though the loan is given from Oxbow Capital Partners, the Small Business Administration guarantees a percentage of the loan in case of default. This means it’ll pay the guaranteed percentage, which allows for more flexible loan terms.
Our loans with the SBA range from a few thousand dollars to a few million. Your loan can meet the needs of your business without leaving you with excess to pay off or looking for more funding somewhere else.
There is no penalty for paying off your loan quicker than required, and you can lower your monthly payments with longer loans. These loans have equal or lower interest rates than riskier loans that are not guaranteed.
Uses for SBA Loans
Whether you’re a start-up seeking hard-to-procure financing or have been established for decades, there are plenty of areas to focus your financing:
- Expanding – Our loans can help you purchase new buildings or properties so your business can reach a bigger audience and offer more to your clients and customers.
- Staffing – As your business grows, you can use a loan to hire more employees until your company can fully sustain your payroll independently.
- Manufacturing – When you need more equipment to produce a product or accomplish a task, you can use your loan to purchase necessary machinery and equipment, including vehicles for transportation.
- Remodeling – If your building needs a new look, you can receive a loan to cover renovation costs.
Our small business loans offer you the freedom to build your business without fear of financial restrictions. Contact us today to learn more about loan terms, eligibility requirements, and how to use a small business loan to accomplish your goals for your business.