Despite the current economic climate, we offer solutions for both scenarios. For start-up projects under 1M that involve adding a new location, we provide our conventional, non-SBA loan program with minimal capital injection. For projects exceeding 1M, we utilize our SBA 7a or 504 loan program. It’s worth noting that it’s generally easier to qualify for a loan if you have an existing business generating positive cash flow, regardless of the size of the start-up project.
US Professional Funding
The Leader in Smarter Business Financing
Frequently Asked Questions
Related FAQs
Does US Professional Funding offer a guarantee for their services?
Yes, we offer a 100% satisfaction guarantee. Please see our Smarter Guarantee and click on the tab located at the top of the page.
Which lending program is best for me?
Even in this current economic environment, we are still providing solutions for both scenarios. If the start-up project is under 1M we are still offering our Conventional, non-SBA loan program with minimal capital injection. If the project exceeds 1M, we will utilize our SBA 7a program. However, depending on the size of the Start-Up, it’s still easier to qualify for a loan on an existing business generating a positive cash flow.
Even if I’ve built up a savings, do I need to contribute to the project?
In many situations, you will not have to contribute. Depending on the strength of the business, the borrower’s creditworthiness, and the particular requirements, in many situations, USPF can still offer 100% financing. However, in some scenarios with real estate involved, you may need to contribute 5% – 10% of the total project amount.