FAST TRACK Application Process!
No Waiting!
24 TO 48 HOUR
NOTIFICATION ON MOST PROJECTS!
At FDG we understand the time value of money. We work with several alternative
lending institutions throughout the U.S. and several international banks that share
our philosophy for professional timely service. Our experience allows us to quickly
evaluate your request and get back to you on how we can best work together
on your project.
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The FREEBORN DEVELOPMENT GROUP works with Commercial Lenders on behalf
of the SBA that offer numerous loan programs to assist small businesses. It is
important to note, however, that the SBA is primarily a guarantor of loans made by
private and other institutions. The SBA does not lend money directly. They serve as a
guarantor to the lending institutions. The banks have to want to work with you or you
will not be able to benefit from SBA programs.
SBA programs can be very complex in nature and most banks shy away from the
volume of paperwork required to prepare the required documentation necessary to
complete these type of transactions. The FREEBORN DEVELOPMENT GROUP has
many years of SBA package experience. We have been successful in securing
financing on behalf of our clients for every SBA loan application package submitted.
Loan proceeds may be used for most sound business purposes including working
capital, machinery and equipment, furniture and fixtures, land and building (including
purchase, renovation and new construction), leasehold improvements, and debt
refinancing (under special conditions). Loan maturity is up to 10 years for working
capital and generally up to 25 years for fixed assets.
There are programs specifically designed to support export financing to small
businesses when that financing is not otherwise available on reasonable terms. The
program encourages lenders to offer export working capital loans by guaranteeing
repayment of up to $1.5 million or 90 percent of a loan amount, whichever is less. A
loan can support a single transaction or multiple sales on a revolving basis.
The FDG Financial Group partners also represent an extensive international network
that has access to over $300 million to support global trade development for US
companies.
