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Small Business Administration Loans (SBA)

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6 Types Of SBA Financing

The Small Business Administration Loan Program at Ivanhoe Capital Advisors, is an excellent source of financing for most businesses. ICA has been designated as a “Preferred Financial Service” company by Preferred SBA lenders to have loans processed more quickly and efficiently.

This designation means that the SBA has delegated the approval process to our lenders, which means fast and efficient processing of your SBA loan.

Small Commercial/Industrial Real Estate Financing

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Purchase – Build – Refinance – Renovate
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Non-conforming properties
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Single-purpose buildings
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Gas stations
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Restaurants
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Repair Shops
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Auto Dealerships
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Hotels and motels
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Convalescent hospitals
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Veterinary
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Existing Small Business Acquisition Loans

Your Company’s Cash Flow & Management Capabilities Are Our Primary Indicators

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Up to $1.25 million a year
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Up to 15-year term
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Up to 80% financing
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Loans fully amortized, no balloons
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No pre-payment penalty
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48-hour pre-qualification

SBA Disaster Loan Programs

We are actively involved in helping businesses across the United States in dealing with the ever-changing financial climate brought on by the COVID-19 Pandemic. Businesses are utilizing our advisory services to understand the different solutions available to fit each company’s needs from comparing the various alternative sources of capital provided through the SBA Cares Act.

Do You Need Help, But Not Sure What Your Best Option Is?

We can help with SBA financing or any other type of business loan program we have to offer. Regardless, we will point you in the right direction and provide you with some great information.

Discuss Your Opportunity With Us

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Small Commercial Equipment Financing
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Commercial printing and binding
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Machine tools
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Manufacturing Equipment
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Heavy Equipment
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Trucking
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Medical Equipment
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Laundry/dry cleaning
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Diagnostic Equipment
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Small Business Loans Up To $5 Million
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No cost pre-qualification letters
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Competitive rates and flexible terms
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No pre-payment penalties
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Up to 90% financing
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Up to 25-year terms
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Fully amortized
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Small business loans for women
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Small business loans for veterans
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Minority business loans
Small Business Loan Success Stories
Hair Restoration Clinic Expands & Saves Money With New Financing

Hair Restoration Clinic Expands & Saves Money With New Financing

Dr. Anderson already had some higher rate equipment financing debt to the tune of about $393,000. He is a well-known hair restoration specialist in the Southeast that has two clinics. We were able to secure him a Small Business Association (SBA) loan to refinance his existing equipment debt of $393,000 ...
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$395,000 SBA Loan Closed: Residential Painting Acquisition In Wisconsin

$395,000 SBA Loan Closed: Residential Painting Acquisition In Wisconsin

This borrower had no experience in the painting industry and had never owned a business before. This is usually a deal-breaker, but our lender was comfortable with the situation due to our client's strong cash-flow. How We Secured The SBA Loan! We were able to secure a $395,000 SBA loan ...
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Start-Up Loan Closed For A Rosati’s Pizza Franchise In North Carolina

Start-Up Loan Closed For A Rosati’s Pizza Franchise In North Carolina

This scenario was referred to us by one of Rosati’s Pizza top franchise referral sources. Rosati’s Pizza is considered a Tier 1 franchise based out of the suburban Chicago area. For years that brand has been a staple in the Chicago market and now had grown from coast to coast ...
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7(a) Loan Program

We specialize in providing long-term permanent financing to small businesses. Our loans, including the 7(a) Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.

Eligible Businesses and Property Types Almost any type of for-profit business is eligible for financing. Commercial real-estate must be partially occupied by the borrower and includes, but is not limited to, the following types of properties:

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Office Buildings
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Warehouses
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Industrial Buildings
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Manufacturing
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Child Care Facilities
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Car Wash Facilities
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Automotive Repair
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Shops
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Professional Buildings
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Hotels and Motels
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Restaurants
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Gas Stations
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Bed and Breakfasts
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Franchises
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Start-ups
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Single-Use Buildings
Eligibility based on SBA size standards. Typically, retail businesses with annual sales of less than $6,000,000, manufacturing businesses with less than 500 employees, and service businesses with less than 100 employees. Eligible businesses include those in retail, manufacturing, and services industries.
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Use of Proceeds Real-estate acquisition, construction, or refinance – up to 90% financing available

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Small Business Acquisition – up to 80% financing available

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Equipment Acquisition – up to 100% financing available

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Debt Refinance -up to 100% financing available

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Terms Up to 25 years for real-estate financing. Up to 10 years for equipment or business acquisition financing. Up to 7 years for permanent working capital. All loans are fully amortized.

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Interest Rates and Fees Interest rates are always market competitive. Fees are generally limited to the SBA guaranty fee and customary closing costs.

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Business Loan Amounts Loan amounts range from $200,000 to $5,000,000

504 Loan Program

We specialize in providing long term permanent financing to small businesses. Our loans, including the 504 Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.
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Use of Proceeds Real-estate acquisition, construction, or refinance – up to 90% financing available

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Equipment Acquisition – up to 80% financing available

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Loan Structures – Financing available on projects up to $12,000,000.

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ICA typically provides a first mortgage of up to 50% of the total loan-to-value. This loan can range from $100,000 to $3,000,000.

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The SBA, through a Community Development Company (CDC) provides up to 40% loan-to-value in a second lien position. This loan can range from $100,000 to $5,000,000.

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Terms and Interest Rates First Mortgage – up to 25-year term for real-estate loan and up to 15-year term for equipment purchase with fixed and variable interest rates available.

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Second Mortgage – up to 20-year term for real-estate and up to 15-year term for equipment purchase. Fixed rate is determined at SBA guaranteed 504 debenture sale.

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Fees First Mortgage – fees are always market competitive.

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Fees Second Mortgage – 2.75% + legal review fee. This fee is financed in the loan. Fees also include customary closing costs, construction loan fees (if applicable), and bridge fees.

Eligible Properties

Almost any type of for-profit business is eligible for financing. Commercial real-estate must be partially occupied by the borrower.
Related SBA Articles
SBA Loans: When and Why You Should Use Them

SBA Loans: When & Why You Should Use Them?

Finance and business have so many abbreviations and jargon words. It can be hard to keep track of them. In ...
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Burnt Through That COVID-19 Small Business Loan Program QUICK...Now What?

IMPORTANT Advice About COVID-19 Small Business Loan Programs

They Burnt Through That COVID-19 Small Business Funding QUICK...Now What? Updates about these programs can be found here. Well, what ...
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Different Types Of Business Loans: The Ultimate Guide

Different Types Of Business Loans [The Ultimate Guide]

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Chicago

6859 W. Addison
Chicago, IL 60634
800-975-1691

Crystal Lake

8600 US Hwy 14
Suite 102
Crystal Lake, IL 60012
815-893-7151
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8AM – 4PM

info@icadvisors.com

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