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Globelend Capital Expands List of Business Loans

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Globelend Capital Expands List of Business Loans

August 29
19:57 2022
The top-rated financial firm extends new loans to a growing client base

Financial stimulation is a key factor in kickstarting a business or helping it move past a current plateau. Globelend Capital understands that reality and plans to offer more comprehensive financial aid to both individuals and companies. Due to increased client demand, Globelend Capital will be adding SBA Loans, Lines of Credit, Term Loans, and Working Capital Loans to its list of offerings.

SBA Loans
Globelend Capital’s first addition to its service portfolio is the SBA Loan. You can borrow up to $5 million at rates between 4% and 8.25% and terms between 10 and 25 years. Most SBA loan-approved businesses supported by Globelend Capital make between $50,000 and $5 million in annual profit and have a positive cash flow and a healthy financial outlook.

There are two types of SBA Loans offered by Globelend Capital:
• SBA 7 (a) for Debt Refinancing and Working Capital, between $30,000 to $5 million, and you don’t have to be profitable on your tax returns
• SBA 504 (b) for Commercial Real Estate, between $500,000 to $5 millionAn SBA Loan is the fastest way to kickstart your business or push help drive it to the next level!

Lines of Credit
Revolving lines of credit from Globelend Capital range from $25,000 to $250,000, with rates starting at 4.8%. Approvals for lines of credit can be completed in 10 minutes, depending on the paperwork you submit. A line of credit offers the following benefits:

• On-demand funding if and when you need it;
• No charges to open or maintain your account;
• No monthly prepayment fees or account closure fees;
• Flexibility, based on the size of your business.

Think of a line of credit as a secure cash flow or emergency fund you can draw on to take care of urgent financial needs.

Term Loans
Globelend Capital’s term loans include all the benefits of SBA loans but almost none of the disadvantages. You can borrow between $25,000 and $3 million at rates starting at 4.99% per year and repayment terms between 6 months and 5 years. This type of loan is appropriate for business needs like renovations, expansions, hiring new employees, equipment acquisition, etc.

Our repayment and term options provide flexible financial support for any business, big or small. Globelend Capital also hopes to offer new loan offerings that allow small-to-large-sized enterprises to improve and develop.

Working Capital Loans
A working capital loan offers steady cashflow that businesses can use to:
• Finance new equipment or repair existing inventory;
• Employ more staff;• Manage payroll;
• Introduce new services, and stock up on in-demand goods;
• Maintain regular business operations even during periods of low cash flow.

Globelend Capital’s Working Capital Loans are available to all kinds of businesses, including auto repair shops, bakeries, beauty salons, medical and healthcare practices, retail businesses, farms, trucking companies, and more.

Media Contact
Company Name: Globelend Capital
Contact Person: Alex Roshko
Email: Send Email
Phone: (855) 842-5626
Country: United States
Website: https://globelend.com/