Get the Loan Facts | SBA Financing Solutions Nationwide

44 Business Capital, a division of Berkshire Bank is a direct SBA lender providing SBA loans to small businesses nationwide. Small businesses are defined as companies with less than $5MM in net profit and less than $15MM in net worth. Our market area includes Philadelphia, Eastern/Central Pennsylvania, New Jersey, Delaware, Baltimore MD, Northern VA, Washington DC, Connecticut, New York, Massachusetts, Vermont, Ohio, Colorado, the Carolinas, Virginia, and Florida. Our clients include, but are not limited to manufacturers, restaurants, professional services, retailers, wholesalers/distributors, healthcare professionals. With terms up to 25 years and fully amortizing (i.e. no call or balloon provisions), these SBA loans provide long-term certainty in an uncertain economic environment.

44 Business Capital Loan Services

Small/Middle Market Business Loans

Loan Amount
$500,000 to $5MM

Rate
Based on Credit Quality

Terms
Up to 25 years on real estate Up to 10 years on business acquisitions, equipment and permanent working capital

LTV
Flexible; Evaluated on a deal by deal basis

Origination Fees
None

Use of Funds
To purchase owner occupied real estate (must occupy 51% of the building) business acquisitions, equipment purchases, or refinance existing debt

Business Types
Manufacturing, distribution, retail, medical and other professionals, automotive and auto body repair, motels, marinas, day care centers, car washes, restaurants or any worthwhile business.

Benefit
Access to decision makers
No loan covenants
Quick response

Underwriting
We assist with loans a typical bank will not due to non-monetary defaults or covenant violations. If the business model is sound and the company is trending positively, the loan will be considered.

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USDA B&I Lending Product

Loan Amount
$1MM to $10MM

Rate
Based on Credit Quality

Terms
Up to 25 years depending on collateral

LTV
Flexible; Evaluated on a deal by deal basis

Real Estate - 80%
Machinery & Equipment - 70%
Inventory - 60%
A/R - 60%

Conditions
Tangible Balance Sheet Equity must be at least:
10% for existing businesses
20% for new businesses

Origination Fees
One time guarantee fee of 3% of the guaranteed amount
(Loans up to $5MM are guaranteed 80%)
(Loans up to $10MM are guaranteed 70%)

Purpose
Real Estate Purchase
Machinery and Equipment Acquisition
Working Capital
Debt Restructuring/Refinance
Business Acquisition

Visit the following website:
https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

  1. Click on Rural Business
  2. Click on link for Business & Industry Program
  3. Input full address of project location

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What our clients can expect from 44 Business Capital

  • Access to the decision makers
  • Speed to decision & speed to closing
  • No loan covenants
  • Competitive rates

Countless jobs are preserved as a result of 44 Business Capital's SBA loan expertise

“Our company was able to preserve 43 jobs. We have already created two new hires and with our ability to again focus on growth expect to create at least two more jobs in the next 12 months.”

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The 44 Advantage…

  • Access to the Decision Makers
  • Speed to Decision
  • No Loan Covenants

Our Clients…

  • Refinance existing debt
  • Purchase commercial real estate
  • Expand or purchase a business
  • Invest in new machinery & equipment
  • Improve company cash flow
  • Preserve Countless Jobs