Secure Flexible Financing for Your Business

Every small business needs financing to grow. There are many avenues of financing, but some are better for growing small companies than others. Many types of financing are designated for specific purposes. If you want the freedom to choose how you use the money you get from a loan, a small business loan from Oryx Capital Solutions may be the right solution.

Ways To Use an SBA Loan

Flexibility is a major benefit of small business loans. Instead of having the lender dictate how you spend the money you receive from the loan, you get to choose how you want to enrich your business. You can use the funding in any way you deem necessary, including the following reasons:

• Refinancing
• Buying property inventory or equipment
• Consolidating debt
• Renovating

Terms for Small Business Loans

Oryx Capital Solutions offers different terms for SBA loans depending on whether a business is new or existing. We know that new companies need time to pay back a loan, so we extend generous loan terms of 90% financing with 25-year loan periods. Established businesses can expect 15-year loan periods with 80% financing.

Regardless of which category your company falls into, are loans with full amortization and variable interest rates. There is no ballooning, and there are no penalties if you pay off your loan early.

Companies That Benefit From Small Business Loans

SBA loans benefit all types of small businesses. If your company has fewer than 1,500 employees or generates annual revenue of less than $40 million, it qualifies as a small business. This definition includes gas stations, child-care facilities, and car dealerships.

Contact Us

Securing a small business loan is a good way to give your company a stable financial foundation. Oryx Capital Solutions is happy to customize a loan to enrich your business, so contact us today to see if you qualify.