InCredia's Conventional & Governmental Small Business Loan Products Offer Speed and Flexibility
Small and growing businesses and growth-minded professionals need to have the ability to act fast in order to take advantage of opportunities as they are identified.
These businesses and professionals also require flexibility in using and managing capital recourses, especially cash! All of BLX’s conventional and government small business loan products offer speed and flexibility now and in the future:
Low down payment requirements mean immediate cash conservation, allowing the borrower to save cash for daily operations or to sustain growth.
Low down payment requirements also enable small businesses and professionals to make valuable investments in property, plant, and equipment sooner than would be otherwise possible.
Long terms (up to 30 years) result in a low monthly payment, also conserving cash for operations and growth.
All of our loans are fully amortized, this means NO balloon payments. The borrower will not have to incur the costs or risks of refinancing, nor will the borrower have to worry about coming up with large sums of cash for the life of the loan.
Interest rates are competitive, based on WSJ Prime or LIBOR. These rates adjust monthly and generally rise and fall with the economy and sales.
Prepayment penalties are all simple and predictable, so there are no surprise fees if circumstances should require the sale of assets and a pay down of the loan.
Whether an SBA or Conventional, we make the loan application process fast and easy!
For a detailed description of each of our other products please click on the links below.
SBA 7a Loans
The SBA 7a loan program is the most widely used SBA program. Loans are available up to $2,000,000 and may be used for virtually any business purpose.
SBA 504 Loans
The SBA 504 program is an excellent long term finance option specially designed for the purchase of long term assets such as owner-user commercial real estate or heavy machinery and equipment.
SBA Community Express
This SBA loan program is an inexpensive alternative to credit card debt, and provides businesses with regular payment schedules for loans of $5,000 to $50,000. [Contact Us For More Information]
Factoring
Improve your cash flow by turning your accounts receivable into cash today. InCredia offers full notification, non-recourse factoring. This means that account debtors (customers of the client company) are notified to pay our designated lender directly while the credit risk of non payment is assumed by the lender.
Business Acquisition Financing
Business acquisition, partner buyout, franchise acquisition, and start-up financing for select businesses. Program is available nationwide to a variety of industries for up to $2,000,000.
Important Note: InCredia is a commercial loan brokerage. InCredia does not guarantee an investment into your company by lenders, private investors and/or public investors.
