BizCapital provides loans for working capital needs, asset acquisitions, expansions and start-up businesses. Our loans range from $500,000 to $5 million and are usually in the form of SBA, USDA, mezzanine and well-secured real estate loans.
BizCapital’s loan products can offer more flexible terms than traditional lenders, often with less stringent underwriting criteria and more streamlined approval processes through its designation as an SBA Preferred Lender. Small businesses that may be unable to obtain financing from traditional banks, yet do not offer the return profile that many venture capitalists require, may be well suited for BizCapital’s financing solutions.
As an SBA lender, BizCapital offers flexible loan products to small businesses. Since its inception, BizCapital has consistently been one of the top five SBA lenders in Louisiana. BizCapital is licensed by the federal government to provide SBA loans in Florida, Illinois, Louisiana, Mississippi, Missouri and other states.
SBA 7 (a) Loan Program
The SBA’s most flexible business loan program, this loan is offered to startup companies and existing small businesses. Loan proceeds may be used for working capital; furnishings and equipment; land and building; leasehold improvements and debt refinancing.
SBA 504 Loan Program
This program offers long-term, fixed-rate financing to small business to acquire real estate or furnishings and equipment for expansion or modernization.
Financing is often secured from BizCapital in partnership with a nonprofit Certified Development Company, helping to strengthen the economic development of local communities.
A certified lender in Louisiana and Colorado under the USDA's Business & Industry (B&I) loan guarantee program, BizCapital is committed to growing the economies of rural communities. The program was created to facilitate job creation and maintenance in underserved rural areas by expanding the ability of lenders to provide debt financing to qualified borrowers in these areas. Under this program, BizCapital has provided financing to rural businesses across a number of industries.
USDA B&I loans range between $1 million and $10 million, and are available to businesses within communities of 50,000 or fewer residents.
Well Secured and Mezzanine Lending
BizCapital also offers well-secured real estate loans and mezzanine loans. Well-secured loans typically range from $500,000 to $3.5 million. Mezzanine loans, usually unsecured loans, range from $100,000 to $1 million.