SBA Loans
Looking to start your own business but don't know how to begin. At Ascend Mortgage we work with you to help guide you through every step of the way. You can buy the real estate and the business and we can show you how. If you are looking to own your business such as Restaurant, Nightclub, or other franchise please contact us today by filling in the fields below.
Real Estate Financing:
90% Financing Available. Great terms on loans up to 25 years to pay back. Own the building and the business is easier than you think. Lets us show you how and apply today.
Business Acquisition Financing:
65% Financing Available on a 10 year term.
Learn how you can start your path to financial freedom with business ownership.
You generally must show experience in this field to qualify. Sometimes with a management contract in place with the seller or with 80 or 85% financing on real estate (vs. 90%), SBA will allow a somewhat inexperienced person to borrow.
If you are experienced AND have existing similar business, SBA will sometimes allow 100% financing if the balance sheet looks good on the existing business. Alternatively, if the seller will carry back financing on the business sale-up to 35%- SBA may allow the buyer to put considerably less down than the typical 35%.
Loan Options - 7 Best Loan Programs
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