We help our merchants qualify for SBA 7A loans for one simple reason – it is, hands down, the best loan product in the country. A government-backed SBA 7A loan almost always bears a rate of 6% or 7%, with a payback term of up to 25 years. Loans usually start at least $250-300k, and go up to $5 million or more.
Main Street Finance Group offers a variety of funding options for small businesses and is always in the process of adding more programs that benefit our clients. In most cases any business that has been operating for more than 6 months and has a monthly revenue greater than $5,000 will likely qualify for some type of funding. Other factors include business owners’ credit score, average business bank account balance, and whether or not the business has any existing cash advance loans, liens, or defaults.