This business received a 7A Commercial Loan solution from TwoSmith Capital to be used for working capital. The use of proceeds was for an expansion of their business. They have been deemed creditworthy by SBA banks and their gross income exceeded $450,000.
The loan was pre-approved for $550,000 and was funded in 30-45 business days after a completed file. The deal required proof of corporate registration, general liability insurance, asset attestation, and other simple compliance forms. The client was happy and able to put the funds to use quickly.
At TwoSmith Capital, our streamlined application process is designed to be quick and straightforward, ensuring you get the support you need without unnecessary delays.
Whether you need funds for expansion, working capital, or purchasing commercial real estate, our range of SBA loan programs can be tailored to fit your unique requirements.
