As a professional, you've dedicated countless hours to refining your expertise and establishing a practice. A successful professional practice, however, requires careful planning for future growth and success. No matter what goals you have for your practice, it's important to evaluate your long-term financing options to help you achieve them.
With an SBA loan from FNB Small Business Finance, we can connect you with the capital you need to take your practice to the next level. So, what do you need to know about SBA loans for professional practices?
We partner with professionals in many industries
Our team has partnered with all types of professionals - from CPAs and attorneys, architects and engineers, to medical practitioners including dentists, podiatrists, therapists, and veterinarians. We understand that each practice is unique and will work closely with you to gain a comprehensive understanding of your practice and financial needs. For the full list of professional practices we partner with, please click here.
SBA loans offer unique features and benefits for professionals
Through our SBA 7(a) and 504 loan products, we can offer financing for a variety of business needs, including:
- Practice start-up, acquisition, and expansion
- Partner buy-out
- Acquisition, expansion, or improvement of new or existing real estate
- Ground up construction
- Working capital, new equipment, and other business needs
If you have multiple financing needs, we can bundle them all into a single loan for convenient repayment. Moreover, you can receive up to 100% financing with an SBA loan, which can help you retain cash flow to continue improving your practice. We also offer flexible rate structures, including 3- and 5-year fixed rates, and quarterly variable rates. You choose the rate structure that works best for you! Click here to see the 8 rate structures we offer.
Backed by a team of experienced and dedicated SBA lenders
The SBA loan process requires due diligence and guidance, and our team has decades of experience successfully navigating professionals through every step of the process. As your dedicated partner, we're here to help you gather the necessary paperwork, keep you informed, and answer any questions you have along the way.
Ready to learn more about SBA loans for your professional practice? Reach out to our team of experienced SBA lenders today!