Growth Solutions for Your Business.

We Help Small Businesses Meet Their Potential.

 We Originate More Than 50 Loan Products
​Some of Our Products Include

SBA 7(a) Loans | SBA 504 Loans | SBA Express Loans | Consolidation Loans | USDA Loans | Small Business Term Loans |
Lines of Credit | Equipment and Vehicle Financing | Asset-Based Loans | Commercial and Residential Cash Out Refi's |
Commercial and Residential Mortgages | Fix and Flips | Fix and Rents | Rental Portfolio Loans | Business Credit Loans | Commercial Bridge Loans | Business Credit Cards with No Personal Guarantee | Factoring | MCA Consolidation

Explore Our Programs Below - Do Not See A Program? Ask Us - We Probably Originate It

SBA 7(a)/Express LOANS

Established businesses with tax returns that show good revenues and profitability can get large sums of funding with secured, Small Business Association 7 (a) loans. You can be approved for secured government-backed SBA program loans from $250K up to $5,000,000. Under the 7(a) program, Express Loans range from $25K out to $150K and terms range from 3 - 10 years.

SBA 7(a) loans can be used for many purposes including purchasing a new business, partner buy outs, real estate acquisition, and even working capital. SBA will require certain documentation to qualify including business and personal financials, resume and background information, personal and business credit reports, a business plan, bank statements, collateral, and other documentation relevant to the transaction.

Approval amounts will vary based on the collateral their business has and the amount of net profit reflected on their tax returns. The total time to close these loans is about 2-4 months. SBA loans offer some of the longest payback terms available for business financing. You can secure loans for 10, 15, even 20 years with SBA depending on the loan product. Plus, in many cases interest rates are as low as 5-6% on the financing you secure.

Required to Qualify

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

Description

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

SBA Express Loans

Under the 7(a) program, Express Loans range from $25K out to $150K and terms range from 3 - 10 years.

Required to Qualify

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

Description

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

USDA LOANS

These special government-guaranteed loans provide funding that has been earmarked for rural-area small businesses. Lending Source has built relationships with dozens of USDA lenders across the country and can help you work through the process of securing financing for any project in a USDA zones.

Required to Qualify

Must be a “small business” by SBA’s definition; Must have qualifying amount of equity; Must have been turned down for private funds; Must have high business and personal credit scores; Must intend to use funds for valid business purposes.

Description

Must be a “small business” by SBA’s definition; Must have qualifying amount of equity; Must have been turned down for private funds; Must have high business and personal credit scores; Must intend to use funds for valid business purposes.

TERM LOANS

As business cash advances become increasingly more popular, so do term loans. These are loans from sources that are often referred to as Alternative SBA lenders. They do not have the stringent approval requirements SBA loans have, but they do want to see some of the same things as SBA loans require.

These loans can range from 12 months to 10 years. Rates are usually lower than 20%, often ranging from 8%-16%. Higher risk industries and business owners with lower credit may have higher rates. For the better programs to get approved you will need to have good credit scores of 680 or higher. But most importantly, you must supply tax returns that show increasing revenue from year to year and some types of net profits. If your tax returns do not show net profits, you will not qualify for this program.

Term loans and credit lines are two of the best types of financing you can get. With this program getting a lower rate and longer term means you have more manageable payments than many other loan programs available today.

Required to Qualify

Good consumer credit and tax returns (over $100K) that show profits

Description

Good consumer credit and tax returns (over $100K) that show profits

SMALL BUSINESS LOANS

Merchant advances are just like revenue lending except they only look at your merchant account sales for qualification. This means they look at your credit card sales only to determine your approval amount, not cash and check deposits like with revenue lending.

This type of financing is easier to qualify than revenue lending. You can usually get approved with only $5,000 in monthly revenue and 6 months in business, where revenue lending requires one year in business and over $10,000 in revenue. In most cases the lending source will request that you change your merchant processor to their source, this is the company you process your credit cards with.

You can get approved with a FICO score as low as 500, and without collateral. Approval and funding can be obtained in as little as 48 hours with a bank and merchant statement review. Rates are generally higher with merchant advances than with revenue lending, but then again approval is easier.

Required to Qualify

Consistent Cash Flow

Description

Consistent Cash Flow

COMMERCIAL REAL ESTATE

If you are looking to purchase commercial real estate, you may qualify for commercial real estate financing. With this type of loan, you can get financing specially to purchase commercial property. You can obtain a loan from $75,000 to $20,000,000 using the property you are purchasing as collateral.

Rates are available under 8%, and you can get approved with a FICO score of only 650. You can typically secure loan-to-values of 65%, and sometimes higher depending on risk. And you can get loan terms of 30 years to help keep your payment low.

And you can also use this type of financing to borrow against commercial real estate you already own. So, you can get a cash-out refinance using your existing real estate as collateral. Conventional and SBA 504 loans are also available.

Required to Qualify

Commercial real estate

Description

Commercial real estate

SBA 504 LOANS

SBA’s CDC/504 provides financing for major fixed assets such as equipment or real estate. You can obtain financing for such items as land purchase, purchase of improvements such as street improvements or parking lots, new construction of commercial property, even for long-term financing of machinery and equipment. Unlike with 7(a) loans, you cannot use the 504 programs for working capital.

Required to Qualify

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

Description

Good credit, business credit, organized financials, up to date, tax returns that show profits enough to service the debt, liquidity in assets.

FACTORING

Factoring is a way where small business owners can sell their invoices and have up to 95% of the invoice funds sent to the business owner. The factoring company is responsible for collecting the funds and in turn takes a small percentage of funds. This is effective for many companies like trucking etc. because the small business owner does not have to chase customers from paying their invoices.

Required to Qualify

Application; Invoices; Taxes over a specific amount.

Description

Application; Invoices; Taxes over a specific amount.

CONSOLIDATION LOANS

There are many times where business owners take on debt for various reasons and that debt becomes a burden to cash flow and the operations of the business.

Consolidation is an art sometimes. We at Onesta have several consolidation programs for consideration and we will customize options that meet the needs of businesses.

Required to Qualify

Debt schedule; Application; Bank Statements; Financials (up to date)

Description

Debt schedule; Application; Bank Statements; Financials (up to date)

MCA CONSOLIDATION

Do you have two or more merchant cash advances and you want to lower the payments or increase the term? Are you having a hard time making daily or weekly payments? If so, we can help. Let our team help you with one of our consolidation programs. We specialize in assisting small business owners through our equity injection programs.

Required to Qualify

MCAs

Description

MCAs

CONVENTIONAL LINES OF CREDIT

Most entrepreneurs would rather have a conventional credit line versus a loan. The reason for this is with a credit line, you only pay on what you have outstanding. So, if you have a credit line for $100,000 but only need $5,000, you can use that line for your $5,000 worth of purchases, and only pay on that amount you use.

And as you pay down the credit line balance, you can then re-use those funds again and again. Plus, you can take cash from the line from a debit card, which you cannot do with credit cards unless you are willing to pay high cash advance fees.

The best credit lines with the lowest rates are provided from conventional banks and are guaranteed by SBA. This means you must meet SBA’s stringent loan approval requirements for approval.

Most important, you should have good personal, bank, and business credit. You will also need collateral for 50% or more of what you are borrowing. And most important, you will need to provide 2-3 years of tax returns that show your revenues are increasing from year to year, and that you are claiming posited net profits at the end of each year.

Required to Qualify

Good consumer credit and tax returns that show profits

Description

Good consumer credit and tax returns that show profits

EQUIPMENT AND VEHICLE FINANCING

A recent Gallup survey found that 80% of U.S. businesses lease or purchase a portion of their equipment. The list of companies using leasing ranges from the Fortune 500 to the family store. This type of equipment financing can be used to purchase equipment, giving you the ability to pay small monthly payments instead of handing out a large amount of cash for the purchase.

You can obtain equipment financing for startup and existing businesses. You can get approved even with challenged credit, you will not need financials to secure equipment financing, and approvals take as little as 24 hours.​

You can be approved for Equipment Financing with as low as a 550 personal credit score. To get approved, lenders will request details on the equipment you are obtaining or using as collateral to borrow against. After a quick credit review you can be approved for as much as $2,000,000 in equipment financing, depending on the lender.

Required to Qualify

FICO above 550, Equipment or Vehicle Quote

Description

FICO above 550, Equipment or Vehicle Quote