Senior care companies play an important function in supporting communities throughout the nation. To take care of this commonplace of care, it’s necessary to contemplate what you are promoting development technique and long-term financing wants. At FNB Small Enterprise Finance, we assist senior care companies by versatile SBA lending options that guarantee success.
Enterprise sorts eligible for financing
We provide SBA financing for a number of enterprise sorts inside the senior care business, together with:
- Grownup Day Care
- In House Well being Care (expert and unskilled)
- In House Respite/Hospice Care
- Reminiscence Care
- Funeral Properties and Crematoriums
To study extra about our partnerships with small enterprise homeowners within the business, learn our Success Tales from B&E House Care and Senior’s 1st Alternative Grownup Day Care!
Financing for quite a lot of enterprise wants
Our SBA 7(a) and 504 mortgage merchandise for senior care companies supply aggressive financing phrases, corresponding to:
- As much as 100% financing for full or partial enterprise acquisition, companion buyout, and owner-occupied industrial actual property
- As much as 90% financing for start-up companies
- Financing for enterprise enlargement, together with a brand new location, a bigger facility, or an addition to a present facility
- Financing for ground-up building and leasehold enhancements
Our SBA loans can even embody further funds for furnishings, fixtures, and tools, in addition to working capital to protect cashflow and gas future development.
Versatile price constructions to your price range
Our SBA loans for senior care companies additionally supply versatile price constructions, together with 3- and 5-year mounted charges in addition to quarterly variable charges. We mean you can select the speed construction that works finest to your price range and long-term enterprise objectives. Click on right here to view a listing of all 8 price constructions.
In case you’re able to study extra about SBA loans to your senior care enterprise, join with one in every of our Enterprise Improvement Officers at present!
