In its attempt to improve the economy, the government has decided to provide support to the growth of small businesses in the form of small business administration (SBA) loans. The purpose of the SBA is to encourage lending institutions to approve small business loan applications submitted by small businesses. The SBA guarantees banks and lenders that a portion of the money owed by small and medium-size enterprises will be repaid, even in the case of a default. Contact USA Funding to determine if an SBA loan may be the right fit for your small to mid-sized business needs.
USA Funding is a commercial finance and bank servicing firm which acts as the loan production unit for several of the larger and more aggressive lenders participating in the NJ and NY markets. USA Funding generates processes and closes over a $100 MM a year in loan volume.