Expanding your business is an exciting step, but one that requires money. Qualifying for a business expansion loan can give you the extra capital you need to fund growth and expansion in your business. At First National Bank Small Business Finance, our focus on SBA loans means we can help you find the best fit from the SBA’s various lending programs to handle the controlled growth of your business.
Whether you have large or small borrowing needs, there are financial options available to help you expand. Business expansion loans are typically used for opening new locations, hiring extra staff, remodeling existing locations, upgrading to a larger facility, purchasing new equipment, etc. – whatever helps take your business to the next level. Recognizing when your business is in need of additional resources is just the first step. Our dedicated SBA lenders can help with the next step – securing the needed capital to propel your business forward.
FEATURES:
- Up to 90% financing available
- Buy a building
- Leasehold improvements on leased location
- Can include furniture, fixtures, equipment, and working capital
BENEFITS:
- Lower down payments
- Helps you build and maintain cash flow
- One loan for many of your business’ needs
