Business Expansion

FNB Business Expansion FinancingFNB Business Expansion Financing

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 FNB 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

Contact one of our Business Development Officers to get started today.

Pre-Application Checklist:

Documents to have available for a call with our team:

  • Outline of proposed transaction including costs
  • Three years tax returns on current and/or target business
  • Interim Financial Statements on current and/or target business
  • Personal Financial Statements on all current and/or potential owners over 20%
  • Three years personal tax returns on all current and/or potential owners over 20%
What Are the Benefits of an SBA Loan?

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The Difference Between an SBA Loan and a Conventional Loan

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You’re ready to acquire a business, now what?

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    “Alex Amoroso made his first cheesecake on a whim, to satisfy a sweet tooth. In December 2002, Alex opened his bakery called Cheesecakes by Alex in Greensboro, NC and a local legend was born. The company continued to grow, which led to a need for a major expansion – that’s where FNB Small Business Finance comes in."

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