Decades of experience
Working For Business Owners
Select Capital was started with the business owner in mind. We have assembled an impressive selection of financing options for about every business depending on your needs and borrowing capacity. Our advisors have decades of experience owning and operating businesses and have dealt with both traditional and non-traditional lenders as borrowers in many different situations. Below are some of our programs we feel are most interesting and useful.
- Short Term Unsecured: Loans are available for 1 to 2 years that are non recourse that required FICO scores over 600 and existing business deposits over $15,000 per month. These are short term revolving lines that have no prepayment penalties and can provide capital (depending on scores and situations) up to 1/3rd of the annual sales. Funding can typically occur within 1 week once an application packed is complete and submitted.
- Loans for Acquisition– We have many SBA and non-SBA programs to consider. The SBA lenders we work with are not only Preferred SBA lenders but are leading National SBA lenders which offer fast approvals and the most competitive rates in the country.
- Equipment Financing: If bank Line of Credit is not available to secure trucks or manufacturing equipment, then financing equipment off balance sheet might be the best option for the operator.
- Landlord Buyout – When renting a building, it may be less expensive to purchase the property from the landlord and put this into a longer term amortization schedule then your local bank can offer.
- Small Balance Commercial Lending Program– We feel this is an underserved market and have developed a focus here to work with a wide range of property types including: mobile home parks, automotive, self storage, light industrial and of course multifamily/office/retail. Our debt fund provides loans in the range of $100,000 to $5 million for investors that would like to purchase and investment property, refinance a current bank loan or provide cashout capital.
For Business Owners
Unsecured loans, short term unsecured, sale leasebacks, loans for acquisition, trade finance, equipment financing, landlord buyout, and small balance commercial lending program.