ComCap Finance Group is an SBA Loans Preferred Financial Service Company
Dallas SBA Loans
We are Dallas-Fort Worth SBA and small business loans specialists. Your SBA loan is not only processed more quickly with ComCap Finance Group – but more efficiently.
We Have the Experience to Make a Difference With SBA Loans
ComCap Finance Group has been designated as a Preferred Financial service company by Preferred SBA lenders. For detailed information regarding types of of Dallas SBA Loans available, please visit our page SBA Loan Program in Dallas.
ComCap Finance Group: Some of our SBA Loan Types
Dallas SBA 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 borrower and includes, but is not limited to, the following types of properties:
- Office Buildings
- Industrial Buildings
- Child Care Facilities
- Car Wash Facilities
- Automotive Repair
- Professional Buildings
- Hotels and Motels
- Gas Stations
- Bed and Breakfasts
- Single-Use Buildings
Eligibility based on SBA size standards. Typically, retail businesses with annual sales of less than $6,000,000, manufacturing business with less than 500 employees, and service businesses with less than 100 employees. Eligible businesses include those in retail, manufacturing, and services industries. Use of Proceeds Real-estate acquisition, construction, or refinance – up to 90% financing available Business Acquisition – up to 80% financing available Equipment Acquisition – up to 100% financing available Debt Refinance -up to 100% financing available 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. Interest Rates and Fees Interest rates are always market competitive. Fees are generally limited to the SBA guaranty fee and customary closing costs. Loan Amounts Loan amounts range from $200,000 to $5,000,000
Dallas SBA 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. Use of Proceeds Real-estate acquisition, construction, or refinance – up to 90% financing available Equipment Acquisition – up to 80% financing available Loan Structures Financing available on projects up to $12,000,000.
- ComCap Finance Group 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.
- 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.
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. 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. Fees First Mortgage – fees are always market competitive. 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.
Almost any type of for-profit business is eligible for financing. Commercial real-estate must be partially occupied by the borrower.
Get Started Today
At ComCap Finance Group, our financial advisors are waiting to take your call. We understand why it is so important to get the financing you need today for your small business. Whether you run a restaurant, hotel, or gas station; need heavy equipment, dry cleaning equipment, or machine tools; or are looking to purchase an automotive repair shop, franchise, or day care; our Dallas SBA loan options make it easy to get your Dallas-Fort Worth small business up and running smoothly. Contact Us Today to speak to a ComCap Finance Group advisor about SBA Business Loans in the Dallas-Fort Worth area.