Results 1 to 10 of 10
Threaded View
-
10-20-2022, 12:14 AM #10Senior Member
Reputation points: 73140
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,285
You can do a SBA 7A with an ESOP.
Loan proceeds may be used for two purposes:
• Help finance the growth of an employer’s
small business.
• Purchase a controlling interest (51 percent or more)
in the company. Ownership and control must vest in
the trust by the time the loan is repaid.Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
Reply With Quote
