Small Business Loan
Small Business Loans for a Variety of Needs
Your business deserves a small business loan from a trustworthy lender. Petra Commercial Loans operates with the approval of the Small Business Administration and is a Preferred Financial Services company. Our SBA program can get your business the financing it needs quickly.
Equipment Financing
Whether you deal in the service industry, manufacturing or provide healthcare, equipment can get expensive. With an SBA loan, you can cover a variety of purchases and leases. We financing items including:
- Laundry and dry cleaning equipment
- Medical treatment and diagnostic equipment
- Trucking and heavy equipment
- Manufacturing and machine tools
- Printing and binding machinery
Existing Business Acquisition Loans
Acquiring a business can be a great way to expand your current market share. At Petra Commercial Loans, our SBA programs offer up to 80% financing over terms typically 15 years in length. To qualify, we look at the cash flow of the business and how it is managed. Apply today and you could be prequalified within 48 hours.
Financing Business Properties
Whether you own real estate, industrial or commercial properties, we can provide financing for your next purchase or upgrade. Our small business loan programs can also help you renovate or refinance buildings like the following.
- Child care facilities
- Hotels and motels
- Car dealerships and repair shops
- Gas stations and car washes
- Single-purpose buildings
- Veterinary practices
- Nonconforming properties
Large Loan Amounts Available
Our 25-year terms are fully amortized and offer up to 90% financing, for loans as large as $5 million. These are available as both 7a and 504 loans with fixed or variable rates. All of our programs have no ballooning or prepayment penalties.
Contact Our Office
To finance your small business, you need the right small business loan. Discuss your financing needs with one of our experienced financial advocates. We can get you started on an application today and answer all of your questions along the way.