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Small Business Loans
And Types Of Financing Options
Small business loans comes from many many different money sources, some can be used for the restaurant owner!
* The purchase of real estate to house the business
* Construction, renovation or leasehold improvements
* To purchase furniture, fixtures, machinery, or equipment
* For the flooring of inventory and for working capital.
Small Business Loan Types:
Micro Loan
- $5,000 to $35,000 small business loans that can be used for any business purpose.
SBA Loans
- Restaurant loans to small businesses from private-sector lenders (banks, etc.) which are guaranteed by the SBA. The SBA has no funds for direct lending.
Franchise Financing
- Specialized restaurant franchise financing reserved for the franchisees of recognized, typically nationally known, franchises.
Development Financing
- Loans to small businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. CDCs work with the SBA and private-sector lenders to provide the financing.
Import Export Loans
- Export financing of U.S. goods and services through a variety of loan, guarantee, and insurance programs. (Import-Export Bank Programs)
Call now: 718-512-8587