SBA LOANS
Business Acquisition Financing
We’re Here to Help
At LendingClub Bank, we understand that purchasing a business may be one of the biggest decisions of your life. That’s why our team is dedicated to working with small businesses to develop the solutions that are right for your unique needs. Our experienced relationship managers will personally walk you through each step of the process to ensure you have the resources you need for a smooth transition from start to finish.
Types of Financing
SBA 7(a) Loan
504 Loan
Proceeds
Proceeds can be used on the following:
Acquiring a new or existing company
Buying out a partner or business succession planning
For a partial buy-in of a company
Perks of Financing with LendingClub
Competitive interest rates
7(a) loans from $200,000–$5,000,000
Up to 90% financing for business acquisitions
Up to 100% financing for partnership or family buyout
Can include working capital and equipment
Up to 10-year term without real estate
Recent Transactions
Acquisition of an Accounting Firm and Real Estate
$292,000, 20-year term, SBA 504 loan
$120,000 SBA 7(a) loan and Line of Credit in Massachusetts
Acquisition of an Industrial Services Company
$2,605,000, 10-year term SBA 7(a) loan
$100,000 SBA 7(a) Line of Credit in Rhode Island
Purchase of a Childcare Business
$675,000 10-year term SBA 504 Loan in Connecticut
Acquisition of a Pediatric Medical Practice & Real Estate
$622,500, 20-year term SBA 7(a) loan in New Jersey
Digital banking, made human.
Security
FDIC Insurance
Your Privacy Choices
