SBA loans and Hudson Funding
SBA loans are designed to help entrepreneurs improve their small businesses and can be used for working capital, revolving funds, equipment purchases, refinance existing debt and more.
SBA does not lend money to businesses. SBA loan are provided by a bank that participates in SBA financing. The SBA guarantees a percentage of those loans to the banks, so financial institutions are motivated to lend money to small businesses.
Some of the documents you will be required to submit are financial statements, collateral, a detailed explanation on how you will put to use the loan. Strong credit, a well-detailed business plan, and ability to repay the loan.
Many different loan programs are available to chose from such as SBA 7(a) loan.
Though receiving a SBA loan can be a lengthy and tedious process Hudson Funding can facilitate the process and offer many different resources to expedite the process.
Please call us today to see how we can qualify your business for this much needed service.
Please take a moment to fill out our application and someone will contact you within 24 hours