LIQUOR STORE SBA 7(a) LOANS
In the liquor retail industry, having the right resources can set you apart from the competition. The SBA 7(a) loan program, is a top financing choice for liquor stores due to its flexibility and accessibility. Whether you're looking to expand your inventory, renovate your space, or invest in marketing strategies, this program provides essential benefits tailored to support your business.
Longer Repayment Terms
Repayment terms for SBA 7(a) loans are flexible, ranging up to 10 years for general business needs and up to 25 years for real estate. You can prepay loans under 15 years without penalties. For longer loans, a prepayment penalty applies for paying off more than 25% in the first three years: 5% in the first year, 3% in the second, and 1% in the third. After this period, you’re free to repay without penalties, offering greater control.
Competitive Interest Rates
Leverage the competitive interest rates of SBA 7(a) loans to cut your financing costs. With a government-backed guarantee reducing our risk, we can offer more attractive rates than traditional business lenders.
Lower Down Payments
The government guaranty also enables small business owners to secure financing with lower down payments compared to traditional business loans, typically up to 20% of the total project cost but in some cases as low as 0%.
Flexible Use of Funds
The SBA 7(a) loan program is widely regarded as a top choice for small businesses due to its unmatched flexibility. Unlike many traditional loans that impose strict limitations, 7(a) loans empower businesses to meet a variety of financial needs, making them versatile for nearly any business purpose or stage of growth.
What Can SBA 7(a) Do for Your Liquor Store?
Our flexible financing solutions allow you to invest in the most critical aspects of your business, whether it's one specific area or several at once:
Business Expansion
Whether you’re expanding your product selection, renovating your store, or opening a new location, our loans provide the capital you need to successfully grow your liquor business.
Real Estate Investments
Purchase, build, or refinance your store to give your business a solid foundation for growth and success.
Working Capital
Ensure smooth day-to-day operations by covering essential expenses like payroll, inventory, and marketing.
Debt Refinancing
Simplify your financial management by consolidating multiple loans into one, often with better terms.
Solutions for Every Stage of Your Liquor Store
Our SBA 7(a) loans are designed to support liquor store owners throughout their careers, whether you’re just getting started, expanding your business, or preparing for retirement.