SBA 7 (a)

Experienced, Dedicated & Successful

Loan program is basically sketched for the existing small businesses and startups. For helping those businesses, SBA took a stand earlier in the year of 1953 and from then it is continuously putting a great impact on the small business industry. Since SBA never lend out the loan itself, we are always there for you with a quick, short and easy loaning facility. Miner Capital has been a profound source for the SBA 7(a) loan and it is continuing to regain the reputation. We hold out the loan with totally clarified manner as our clients are the most important part of our business.

We give out the SBA 7(a) Loan Program with the terms below:

INTEREST RATE

Predominantly variable; certain fixed-rate alternatives

TERMS

• Up to 25 years – real estate
• Up to 10 years – business acquisition, equipment
• 5 to 7 years – working capital
• Weighted average for mixed-use requests

LTV Up to 90%DOWN PAYMENT

Minimum 10% borrower(often more) Up to 90%

ELIGIBLE BUSINESS SIZE

• Calculated by industry nature
• Yearly sales not to surpass range of $750,000 to $33.5 million for trade, service and cultivation
• Amount of staffs not to surpass range of 100 to 1,000 for wholesale and production

LOAN STRUCTURE

• Loan structure flexible; reliant on risk
• 10% down payment (least)

PROCEEDS USE

• Expand, acquire or start a business
• Purchase or construct real estate
• Refinance existing business debt
• Buy equipment
• Provide working capital
• Construct leasehold improvements
• Purchase inventory

PROGRAM REQUIREMENTS

• 51% proprietor occupancy for existing building
• 60% owner occupancy for fresh construction
• All resourcessponsored must be utilized to the direct profit of the business

COLLATERAL

• Subject propertiesobtained by loan earnings
• Pledge of own residence unless bank can validate why unnecessary
• Personal collaterals of the main owners of 20% or more ownership are obligatory

FEES

• Fees can be sponsored in the SBA 7(a) loan program
• Fees differ with the extent of loan paired with 504 loans
• Additional .25% claimed on any loan section above $1 million

CLOSING TIME

As soon as 45 days

Gear Up Your Business by Getting an SBA Loan,

Hard Money Loans or Conventional Loans

What Our Clients Think Of Us

John Lee
John Lee
2019-12-10
I am an SBA lender and have worked with Orlando for over 5 years. Orlando is very knowledgeable, trustworthy, and he is one of our valued relationships. He is always on top of things, very responsive, and is always looking out for his client's best interests. I would recommend Orlando to all my clients.
Davy Registe
Davy Registe
2019-12-10
Orlando is Rockstar and very knowledgeable about the commercial financing industry. He is exceptional at communicating and keeps you informed. He definitely knows his craft. What I admire and appreciate the most about him is his integrity, he keeps his word. For example; he is one of the few people that I do deals without a contract at first just his word. Stand up Guy👍🏽
Danny Blaser
Danny Blaser
2019-12-09
Orlando did a great job getting financing for my building. He was always attentive to my needs and really on the ball working through all the details of getting my deal through underwriting and to closing. I highly recommend him and his company!
Justyn Wielenta
Justyn Wielenta
2019-12-09
Mr. Miner is extremely responsive & knowledgeable, he will not waste your time if it can't be done.
Kevin Chung
Kevin Chung
2019-12-09
Orlando is the guy for your financing needs! He is very professional, responsive and easy to work with.
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