Big Lending Inc

Commercial Financing

Commercial Real Estate

Big Lending offers a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers, for both investment and owner-occupied commercial properties. We can carefully structure the right financing solution no matter how small or large your transaction requires. Depending on the deal, we can offer recourse and non-recourse commercial real estate financing options. Our knowledge and depth of expertise maximizes efficiency and becomes your advantage.

SBA

The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters". The agency's activities are summarized as the "3 Cs" of capital, contracts and counseling.

Project Financing

These days it takes the right team to properly structure the right financing for large projects from $1,000,000 to $50,000,000 or more. We offer comprehensive solutions to commercial financing needs that are often unavailable to banks or traditional commercial channels.

Our team has the experience and access to funding to successfully analyze and fund your project. We can cater to your unique circumstances and can structure financing very creatively based on assets, experience, projections, and the unique aspects to your project. With our relationships with our capital partners, our funding capacity is virtually limitless. Whether you project is 1 million dollars or a 100 million dollars we have the resources to properly structure and fund your deal.

Starts Ups

The Microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand. The average microloan is about $13,000.

The U.S. Small Business Administration provides funds to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance. These intermediaries administer the Microloan program for eligible borrowers.

Eligibility Requirements

Each intermediary lender has its own lending and credit requirements. Generally, intermediaries require some type of collateral as well as the personal guarantee of the business owner.

Use of Microloan Proceeds

Microloans can be used for:

  • Working capital
  • Inventory or supplies
  • Furniture or fixtures
  • Machinery or equipment

Proceeds from an SBA microloan cannot be used to pay existing debts or to purchase real estate.

Assests As Collateral

If you are looking into financing your assets you are most likely looking for cash to grow your business pretty quickly. Asset based lending can help reduce any startup or expansion costs by supporting you with the capital you need while still managing to keep money in the bank.

Big Lending is taking out a loan against your assets. Typical assets financed include accounts receivable, real estate, inventory, and equipment. Companies use these assets as collateral when applying for financing.

Asset based loans are a great way to get cash fast if your business is in need of extra capital to help get through a difficult financial crisis or looking to grow your company without the immediate expense impact, because they usually do not require a down payment.

Finding asset based lending should not be much of a problem if your business has a good financial record, can prove steady sales, and has customers that are known to pay their invoices. However, if your customers have a bad track record of not paying their bills on time, lenders will possibly offer the loan at a much higher rate.

Invoice Factoring

Big Lending offers substantial funding capacity at competitive rates. That's because our Invoice Purchasing group is part of the larger First Capital family with direct access to capital markets. As a result, we always have funds available when it's time for you to sell your invoices and you know you are getting the best service available.

What is the starting size for financing packages?

Transaction Sizes start at $200,000 (based on outstanding accounts receivable invoices).

What are the minimum eligibility requirements:

  • Corporation or LLC headquartered or registered in United States
  • In business for at least one year
  • Business-to-Business (B2B) sales derived primarily from U.S. domestic business
  • Industries covered include (but not limited to) manufacturers, wholesalers, distributors, and commercial service providers
  • Annual B2B domestic sales ranging from $1 million to $100 million
  • Subject to credit evaluation