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For SBA Business Loan (7(a) or (504), you've reached the right source. To discover which loan is right for you, Click Here.
For Fast, Instant Funding & Quick Business Capital; CLICK HERE.
For a Business Line of Credit, Equipment Financing, Asset Based Lending, Invoice Factoring, and Employee Pay Advance; CLICK HERE.
…But NOT with us!! Simply Because Our Primary Focus & Goal is to Get You Funded... By Any Means Necessary!!
"We Do What We Do... We Make it Happen!!
$1.3 Billion in Loans!!
Have Credit Challenges and need to Establish Business Credit? We will Help You with Both!
We're Your APPROVED SBA LOAN BROKER, BUSINESS FINANCING, & CREDIT SPECIALISTS.
Feel Free, to visit our other 2 pages, for Business Financing Options: INSTANT FUNDING & MORE FINANCING OPTIONS, for additional Business Funding Alternatives.
Rakesh Vahal, Owner, Care Well Global
So, Here's a Rhetorical Question:
Why Even Bother Wasting Time With Your Limited Local Bank, Anyway... When We Are Simply & Easily Your Nationwide Go-to Source for ALL Your Business Financing, Marketing, and Capital Needs?!
Simply put... Your Bank Can't Compete With Our Over-All Financial Services. Nor, Will They Put What's in Your Very Best Interest, First! Unless You're depositing Hundreds of Thousands of dollars, per Month, into their bank vault... Then, They May... FACTS!!
SBA Small Business 7(a) & 504 Loans.
Flexible Options to Finance Business Growth!
NLBS Has a Team of Dedicated Loan Experts Who are Focused on the Following Specific Industries. If Your Industry is not Listed Here, Just Contact Us.
WE PUT YOU FIRST!
Ready to Start the Process of Obtaining a SBA Loan?
SBA 7(a) Borrower Information Form:
One of our repeat Clients referred, a potential buyer, to us who was interested in buying two of his businesses. He wanted us to help them obtain a loan they needed to purchase his two businesses. 💰💰
This potential buyer Mr. and Mrs. Fagbodun needed $1.2M to purchase the businesses, which included real estate: but, only had $5,000 in cash. The buyer wanted us to not only help them obtain a loan, but create asset protection for the two businesses, they wanted to purchase. 💵
Most Commercial Lenders will provide a 75% LTV of the amount needed for purchase. Needless to say a 75% LTV requires a borrower to produce the remaining 25% in order to complete the purchase, plus additional monies to pay for fees and reports..
Therefore, this particular buyer/borrower was $295K short of meeting that 75%LTV requirement. So, we needed to do what we do... Make it happen!! 👼🙏
After learning that we help businesses achieve asset protection, the borrower also wanted us to provide their two new businesses with asset protection. So, we asked the borrower if he or his wife possessed an IRA. Fortunately, the wife had an IRA which had $60K in it, that could be used. Therefore, we then used and converted the wife's IRA into a corporation, to help towards obtaining the loan, to purchase the two businesses; which would in turn provide both businesses with asset protection.💡
At which time, we enter into negotiations with one of our approved SBA lender partners, by asking them to increase their LTV, on this transaction. They ended up increasing it to 82.5%, which was fortunate, for the borrower. Now, the borrower was $150K away from meeting the criteria to obtain 82.5% of the $1.2M purchase price.
So what did we do next❓
We called the Seller and asked if he would not only be willing to carry-back $150K on the purchase amount, but add-in an additional favor, to make the deal happen. He said to give him a couple of days to think about it and discuss with his wife and he would get back to us.⏰
Well, to our surprise, he got back to us the next day, and said yes he would do it; and not just carry-back $150K but defer the payments on the carry-back for 2 years. The seller granted us our request.😮👍
Now, with the $60K from the IRA and the $150K carry-back from the seller, for a total of $210K, our SBA lender partner, agreed to the arrangement and granted a loan in the amount of $990K to transact the purchase of both businesses.
YES‼️👍
MISSION ACCOMPLISHED‼️… And we were very happy for our client, the Fagboduns, to have helped them achieve their goal, successfully.🤩
LET'S MAKE IT HAPPEN FOR YOU , AS WELL‼️
Results may vary. All loans are subject to credit approval. Restrictions and limitations may apply. NLBS does not provide tax, legal or investment advice. All decisions concerning these matters should be made in conjunction with your professional advisors.
Let's Get You the Money You Need To Purchase, Start-Up, Grow, or Expand Your Business, Here.
James Fagbodun, Owner, Wildflower Inn & Rainbow Manor ALF
Imagine the possibilities when you have the right financial support at your fingertips. Take a look at each and let us know which loan, funding or financing product interest you, in this moment.
We are Premiere SBA Loan Specialists and Approved Brokers; and have been since 1990. In the section, here, you will see specific business categories, in which we have teams specifically dedicated to financing these particular types of businesses. Nevertheless, if your industry is not among them, no worries... Let us know of your financing needs and we will "Do What We Do... We Make It Happen!" We can provide financing for all types of businesses; with the exception of high risk, businesses.
Our Small Business Financing Statistics Article/Blog will give you a nationwide perspective on small businesses, regarding financing. These statistics will bring about a better and more realistic perspective for most small business owners.
While being non-SBA and Revenue-Based, this type of funding can be had within 24 hours, providing you, the borrower, qualify. The process is Simple & Easy. It's our most popular funding platform.
This type of funding is also non-SBA and Revenue-Based, which is predicated on consistent monthly bank deposits of a certain amount. It's Simple, Easy, and Fast to apply and receive.
This next set of financing types are very strong viable options to loans and shouldn't be overlooked. CLICK HERE TO PERUSE MORE INFORMATION ON THE FOLLOWING LIST OF OTHER FINANCING OPTIONS.
By having a Business LOC, you will have money reserved and available when you need it, 24/7; and you only pay interest on the funds you take out. Our process is very easy and approval is very quick.
Don't sacrifice potential revenue, profits, and growth. Inquire about our equipment financing to fund the equipment and technology you really need, to perform a service or to get a job done much faster, allowing you to grow that much quicker.
We can finance up to 80% of your Commercial Property Value - Minus the debt you owe on the property - up to $50 million. If you wish to purchase income producing commercial properties, we provide a service that not only locates good investment properties for sale, We can analyze it for you, and provide you with financing, to purchase it, as well. A RARE YET, VERY VALUABLE SERVICE, WE PROVIDE, INDEED!!
Don’t allow your business to stagnate, due to a lack of capital; while you wait 30, 60 or 90 days for customers, clients, and government to pay. Get an advance on your outstanding invoices with invoice factoring or accounts receivable financing. Once you're set-up, in our system, you can receive funds, in as quickly as 24-48 hours.
Your Employees Will ABSOLUTELY LOVE YOU!!! Through our platform, they can get up to 50% of their paycheck BEFORE pay day - as soon their income is reported to payroll. Gain A Competitive Advantage Attracting And Retaining Employees - With No Cost Or Risk To You or Your Employees.
Our mission is to align with your goals, providing financing that resonates with your vision and drives your success.
We understand that navigating business financial options can be overwhelming. Different choices impact your cash flow, taxes, operations, and competitive position in unique ways.
That’s where we come in. Our role is to simplify these decisions for you, helping you make choices that enhance your business outcomes.
At NLBS, our lending solutions are crafted by a team of experienced loan specialists and banking professionals who truly understand your industry. We use our creativity, knowledge, and expertise to develop the perfect financing plan for your business.
With over 200 years of combined lending experience, our team is ready to guide you toward success.
Choosing the right business loan is crucial. We adopt a consultative approach, partnering with you to structure the financing that will drive your business growth and success.
Dr. Sarah, a dedicated dentist with a thriving practice, had always dreamed of expanding her business portfolio. She envisioned owning a commercial real estate property that would not only serve as an additional income source but also provide a stable investment for her future. However, the complexities of finding and financing such a property seemed daunting.
One evening, after a particularly long day at the clinic, Dr. Sarah decided to take the plunge. She reached out to NextLevel Business Solutions (NLBS), a consulting firm renowned for its expertise in business solutions, marketing strategies, and SBA financing; along with a deep understanding of the healthcare industry and commercial real estate financing.
From the very first conversation, Dr. Sarah felt a sense of relief. The team at NLBS listened attentively to her goals and concerns. They understood the unique challenges she faced as a dentist and the specific requirements for a commercial real estate investment.
Together, they embarked on a journey to find the perfect property. The NLBS team provided Dr. Sarah with a curated list of income-producing commercial real estate options, each carefully selected to match her investment criteria. They explained the nuances of each property, helping her understand the potential returns and risks involved.
Once Dr. Sarah identified a promising property—a modern medical building in a growing part of town—the next step was securing financing. The NLBS experts guided her through the maze of financing options, explaining the benefits of different loan structures and terms. They crafted a tailored financing plan that aligned perfectly with her financial goals and the property’s potential.
With NLBS by her side, Dr. Sarah navigated the loan application process smoothly. Their expertise and support made the entire experience seamless, saving her time and reducing stress. The financing was approved, and Dr. Sarah successfully acquired the property.
Today, Dr. Sarah’s investment is thriving. The medical building generates a steady stream of income, contributing significantly to her financial stability. She continues to focus on her dental practice, knowing that her investment is in good hands.
Dr. Sarah’s journey with NLBS transformed her vision into reality. The partnership not only helped her achieve her investment goals but also provided her with the confidence to explore new opportunities. With NLBS, she found a true financial partner dedicated to her success.
Imagine your own journey with NLBS. Let them turn your challenges into opportunities and guide you towards the level of success you’ve always desired. Partner with NLBS and experience the transformative power of expert guidance and unwavering support.
Your success story starts here.
LET'S MAKE IT HAPPEN FOR YOU , AS WELL‼️
Results may vary. All loans are subject to credit approval. Restrictions and limitations may apply. NLBS does not provide tax, legal or investment advice. All decisions concerning these matters should be made in conjunction with your professional advisors.
Employee Stock Ownership Plan (ESOP) Financing
Capitalize on opportunities to merge and purchase with confidence.
Unlock your potential and seize opportunities with unwavering confidence.
At NLBS, we empower buyers to finance Merger & Acquisition Transactions with ease. We understand your unique perspective on the business world, and we share that vision.
Our extensive experience provides us with unparalleled insights, enabling us to expertly navigate the distinct nuances of each deal.
As a premier nationwide SBA Loan Broker & Specialist, we excel in M&A financing across diverse industries.
Whether you’re pursuing a merger or an acquisition, we recognize the unique challenges each transaction presents.
That’s why partnering with an experienced Loan Specialist is crucial. With centuries of combined lending expertise, our team is dedicated to guiding you through the intricate landscape of M&A transactions.
Merge your vision with our expertise and achieve extraordinary success!
Let us show you how NLBS can help get your deal to the closing table.
Considering an acquisition, buying out a partner or looking at a bolt-on? We’re ready to help!
Talk to us and find out what it’s like to work with a Loan Specialist, who puts you first.
We’re committed to do our best to make it happen your way.
Are you ready for a financing partner with the means to unlock your path to greater success?
Unlock your franchise dreams with confidence and clarity.
Whether you want to purchase a new franchise, or buy an established franchise operation, or start you own franchise, we are here to assist you in accomplishing your desire.
Whether you’re a first-time operator or a seasoned multi-unit owner, we understand your unique challenges and tailor loans to meet your specific needs.
From opening your first unit to expanding your tenth, we provide the right funding, with the best terms, exactly when you need it.
With decades of SBA financing experience, we guide you through every step, ensuring you stay on the path to success.
Share your franchise vision with us, and let’s make it a reality.
Experience the difference of working with experts who prioritize your goals and have the resources to help you achieve them.
We’re committed to do our best to make it happen your way.
Location. Location. Location.
It's often touted as the key to success in Commercial Real Estate, but we believe that the right financing is just as crucial in amplifying your returns and saving you money.
Imagine this: With the perfect blend of location and optimal financing, your investment can thrive beyond expectations.
Enhance your investment strategy with our sister company, 'NextLevel CRE Investment Services,' where expert guidance helps you pinpoint the ideal income-generating commercial property tailored to your unique needs.
Our seasoned lenders are here to secure the best funding for your real estate project, providing specialized insights that align with your long-term business goals. We understand that choosing the right property involves many factors, and financing is no different.
We offer an extensive range of real estate loan options nationwide. Let us guide you through the process and find the perfect financial solution to elevate your project.
We’re committed to do our best to make it happen your way.
Empower your professional service firm with the financing you need to thrive.
At NLBS, we understand that whether you’re in accounting, insurance, architecture, engineering, or law, you share a common need for capital to fuel your operations.
As a professional service provider, you expect a high level of service, and we are here to exceed those expectations.
Our extensive experience with a wide range of service providers gives us unique insights into your business needs.
Recognizing the immense value you bring to the business community, we are dedicated to helping you secure the funding necessary for expansion and growth.
Leverage our expertise and knowledge to navigate the challenges you face.
We’re here to provide the support and service you deserve. Let’s begin your journey to success today.
Combine your vision with our expertise!
We’re committed to do our best to make it happen your way.
Fuel Your Entrepreneurial Journey Through Acquisition
Choosing the right financing partner is a game-changer for your success.
As a self-funded searcher, you're poised to accelerate your growth, bypassing the typical startup challenges and avoiding years of climbing the business ladder.
You need confidence that your Loan Specialist has the expertise and drive to propel your business loan to completion.
Enter Bruce, NLBS’s Search Fund Specialist. With decades of experience in search fund transactions, Bruce possesses a deep understanding of what works and what doesn’t in this complex arena. His track record speaks volumes—he has guided countless individuals and partners to financial success.
Bruce values transparency and honesty, essential qualities for navigating the intricate process of search fund lending.
From crafting commitment letters to expediting the final closing, you'll have the assurance that Bruce and NLBS are dedicated to your success.
Underwriting a search fund transaction involves much more than ticking boxes. NLBS’s seasoned search fund underwriting team, armed with extensive experience and valuable industry connections, is here to help self-funded searchers like you access the capital needed to acquire and grow your business.
We’re committed to do our best to make it happen your way.
Unlock the full potential of your manufacturing business with tailored financial solutions.
At NLBS, we possess a comprehensive understanding of your financial needs, ensuring you receive the best support possible.
Tailored Solutions for Manufacturers!
Partnering with the right Funding Specialist is crucial for identifying key opportunities, challenges, and revenue drivers that enhance your company’s profitability. Our goal is to provide you with the flexibility and resources to focus on revenue-generating activities.
As a nationwide Loan Specialist, we are your premier choice for Manufacturing & Exporting financing options.
Our 360-degree understanding of business lending maximizes your available cash flow.
We recognize the diversity and challenges within the manufacturing industry.
That’s why we offer financing solutions that empower your business when you need it most—whether it’s purchasing new equipment, refreshing inventory, hiring additional employees, or meeting production demands.
Whatever your needs, we’re here to help your business thrive. Let’s start your journey to success today.
We’re committed to do our best to make it happen your way.
The Perfect Prescription for Pharmacy Loans
Are you considering financing a loan for your pharmacy?
Independent pharmacies are essential in meeting the healthcare needs of their communities, and at NLBS, we understand the unique lending needs of pharmacy owners.
Expertise in Healthcare Financing
With extensive experience across the healthcare sector, we specialize in helping independent pharmacies achieve their financial goals.
Whether you need funding for real estate, acquiring an existing pharmacy, upgrading technology, or expanding to new locations, we have the right financing solutions to help you succeed.
Your Success is Our Priority
Nothing is more important to us than ensuring your business thrives.
Our guidance, built on years of experience, helps you avoid common pitfalls in the small business loan process, saving you time and money.
Tailored Solutions for Your Pharmacy
We offer personalized financing options to meet your specific needs, ensuring you get the best available options for your business.
Work with a specialist who truly understands the pharmacy industry and is dedicated to your success.
Partner with NLBS
Let us help you navigate the complexities of financing so you can focus on what matters most—providing exceptional care to your community.
Combine your vision with our expertise and watch your pharmacy flourish.
As a nationwide SBA Loan Specialist, we have a proven track record of success working with pharmacy loans.
We’re committed to do our best to make it happen your way.
Achieve Your Goals with Tailored Financing Solutions
We understand your business and your aspirations.
Our lenders via NLBS have financed thousands of medical practice loans, and we speak your language.
Expert Support for Medical Professionals
You deserve a team that hits the ground running, implementing proven processes to achieve your business goals.
As true financial partners, we specialize in exceeding the expectations of medical professionals like you.
Specialized Healthcare Loan Services
As healthcare loan specialists, we understand the unique challenges your business faces and the need to balance growth with quality care.
NLBS has a dedicated division providing financial products and services for healthcare professionals. This is our foundation, established in 1990.
Navigating Complex Financial Needs
The financial needs of the healthcare industry are diverse, complex, and ever-changing. We stay current on the latest trends, best practices, regulations, and innovative solutions to meet these demands.
Flexible Patient Financing Options
Are you offering your patients instant, flexible financing for high-ticket procedures they want and need?
Click here to learn more about our flexible patient financing options. Rest assured, NLBS is HIPAA compliant.
Combining Vision with Expertise
By combining our resources and expertise, we tailor solutions to help you run your business smoothly, allowing you to focus on caring for your patients, residents, and clients.
We have provided millions in financing for many assisted living facilities nationwide.
Partner with Us
Combine your vision with our expertise and achieve your goals.
Let us help you navigate the complexities of financing so you can provide exceptional care and grow your practice.
We’re committed to do our best to make it happen your way.
Elevate Your Dental Practice with Tailored Financing Solutions
You’ve dedicated countless hours to perfecting your skills as a dentist. Now, it’s time to exponentially grow your practice and realize your vision.
Expert Support for Your Unique Challenges
As a nationwide SBA Loan Specialist, we understand the unique challenges your practice faces and the need to balance growth with exceptional care. We’ve been there, and we’re here to help you succeed.
Specialized Financial Services for Healthcare Professionals
NLBS has a dedicated division focused solely on providing financial products and services for healthcare professionals. We stay current on the latest trends, best practices, regulations, and innovative solutions to meet the diverse and complex needs of the healthcare industry.
Stay Ahead with Expert Guidance
Our team is committed to helping you navigate the financial landscape, ensuring you have the resources to grow your practice while maintaining the highest standards of care.
Let us help you turn your vision into reality and achieve exponential growth.
NLBS is HIPPA Compliant.
NOTE: If You're not offering Instant "Flex-Fi™" Patient Financing to your Patients, to assist them in paying for your High-Ticket Procedures, You can do so, via NLBS. CLICK HERE FOR MORE INFORMATION.
We’re committed to do our best to make it happen your way.
Tailored Financing Solutions for Your Unique Veterinary Practice
We understand that your business is a different breed. Your passion for care is matched by our dedication to helping practices like yours thrive.
Guiding You to Success
Our experienced team is here to guide you through the financing process, helping you make informed choices that expedite your funding and achieve your goals.
Just as you listen to your clients’ needs, we listen to your plans and aspirations. When you’re excited about your practice’s future, we’re excited to help you move forward.
Specialists in Veterinary Financing
As experts in financing veterinary practices, we recognize the unique challenges you face and the need to balance growth with exceptional care.
Our focus is on your success, ensuring you have the financial support to meet your goals.
Patient Financing Options
Are you offering your pet owner clients instant financing for high-ticket procedures their pets need? Click here to learn more about our patient financing options.
Dedicated to Veterinary Professionals
NLBS has a division solely dedicated to providing financial products and services for veterinary professionals.
We stay current on the latest trends, best practices, regulations, and innovative solutions to meet the diverse and complex needs of your industry.
Tailored Solutions for Your Practice
By combining our resources and expertise, we tailor solutions to help you run your business smoothly, allowing you to focus on what matters most—your patients and clients.
Let us help you navigate the complexities of financing so you can provide exceptional care and grow your practice.
We’re committed to do our best to make it happen your way.
Transform Your Optometry Practice with Tailored Financing Solutions
Imagine turning your vision into reality. Whether you’re launching your first practice, expanding to new locations, experiencing a surge in business, or investing in cutting-edge technology, we are here to help you achieve your goals.
Expertise Meets Insight
You excel in eye care services, and we bring unparalleled financing expertise.
We understand that your optometry practice is unique, which is why we customize our financing solutions to meet your specific needs.
From start-up to expansion, retirement, and eventual sale, we provide the financial support you need at every stage of your business journey.
Guidance Every Step of the Way
Our experienced lending experts will guide you through the entire financing process, ensuring you secure the right loan for your practice.
We listen to your plans and aspirations, just as you listen to your patients.
When you’re excited about your future, we’re excited to help you make it happen.
Dedicated to Optometry Professionals
NLBS has a specialized division dedicated to providing financial products and services for optometry professionals.
We stay current on the latest trends, best practices, regulations, and innovative solutions to meet the diverse and complex needs of your industry.
HIPAA Compliant
We are HIPAA compliant, ensuring the highest standards of privacy and security, regarding our marketing for Optometrist.
Are you offering your patients instant financing for high-ticket procedures they may want and need? Click here to learn more about our patient financing options.
Tailored Solutions for Your Success
By combining our resources and expertise, we tailor solutions to help you run your business smoothly, allowing you to focus on what matters most—your patients and clients.
Let us help you navigate the complexities of financing so you can provide exceptional care and grow your practice.
We’re committed to do our best to make it happen your way.
Propel Your Senior Care Project Forward with Tailored Financing Solutions!
As the baby boomer generation steps into the next phase of their lives, the demand for senior care is skyrocketing.
With over 77 million adults set to retire in the next two decades, the opportunity to provide essential housing and services is expanding exponentially.
Whether you’re planning to specialize in Alzheimer’s care, open an adult day care center, acquire real estate for a new facility, or purchase an existing assisted living or home care operation, now is the time to prepare for this growing demand.
NLBS: Your Nationwide SBA Loan Specialist
NLBS stands out as a premier nationwide SBA Loan Specialist for the senior care industry.
Our expert lenders leverage their extensive experience to deliver optimal lending solutions, allowing you to focus on providing high-quality care and a broad range of services to this vital segment of the population.
Having facilitated substantial financing for Assisted Living Facilities over the years, we share your commitment to enhancing the care and well-being of seniors and their families.
These modern care facilities are a far cry from your grandparents’ nursing homes!
Meeting the Modern Demands of Senior Care
The increasing need for advanced equipment, state-of-the-art facilities, expanded services, and qualified, compassionate providers will place unprecedented demands on your capital.
Our loan experts are here to help you access the right financing options to meet these needs, ensuring a positive living experience for seniors.
We understand your business requirements and are dedicated to helping you succeed.
Comprehensive Real Estate Loan Options
We offer a diverse range of real estate loan options nationwide and will guide you to the best choice for your project.
Let us help you navigate the complexities of financing so you can focus on what matters most—providing exceptional care for seniors.
We’re committed to do our best to make it happen your way.
You put your Country First. So, let us put you 1st
SBA Loan Programs for Veteran-Owned Businesses.
NLBS is proud to offer SBA Loan Programs that assist Veterans in acquiring capital to start, grow or succeed in business.
For Qualified Veteran-Owned Businesses, NLBS approved SBA
Lending partners will...
Veterans Small Business Qualifications:
A small business must be at least 51% owned and controlled by an individual or individuals in the following groups:
Plus You Will Enjoy:
Having the right loan specialist is essential to your success.
Talk to us about your business and where you want it to go. We can help you get there. Find out what it’s like to work with a loan specialist who puts you first.
We’re committed to do our best to make it happen your way.
ATTENTION: BUSINESS OWNERS
Who either need a significant BOOST in cash infusion, performance, and many other areas of their business.
Or if you are struggling to sell your business, you may want to give an ESOP some very strong consideration, as an alternative.
There are many fruitful positive benefits for considering this option, for which we will share below and in the next column; including the benefit of boosting employee performance, moral, and retention. Along with boosting company revenue, profit, and valuation.
NLBS: Your Premier Source for SBA ESOP Financing
As a business owner planning for retirement, you want to ensure the best for the dedicated team that helped build and operate your business—your employees.
An Employee Stock Ownership Plan (ESOP) offers an excellent alternative to selling your business to an outside party. With our SBA 7(a) loan program, qualified companies can seamlessly transition ownership to their employees.
As a nationwide Preferred SBA Loan Specialist and Approved Broker, NLBS is equipped with a skilled ESOP lending and management team.
We understand the intricacies of ESOPs and are committed to guiding you through every step.
Our efficient closing and underwriting team is here to ensure your ESOP deal progresses smoothly and reaches the closing table with confidence.
Partner with NLBS to make the transition process as seamless and rewarding as possible for you and your employees.
***READ MORE about the Benefits and the Process of an ESOP in the next two columns.
An ESOP Can Help Your Company:
Loan proceeds may be used for two purposes:
Size of Loan:
Type of Loan:
Plus You Will Enjoy:
Having the right loan specialist is essential to your success.
Talk to us about your business and where you want it to go. We can help you get there. Find out what it’s like to work with a loan specialist who puts you first.
We’re committed to do our best to accommodate your specific needs.
Implementing an ESOP can be an exciting transaction and transition for you, your employees, and their families.
ESOP (Employee Stock Ownership Plan) financing offers several benefits for both the company and its employees. Here are some key advantages:
1. TAX BENEFITS
• Tax Deductibility: Contributions used to repay an ESOP loan, including both principal and interest, are tax-deductible.
• Tax-Deferred Gains: Sellers of stock to an ESOP can defer capital gains taxes if the ESOP owns at least 30% of the company.
• Tax-Free Earnings: ESOP-owned companies can potentially avoid paying federal and state income taxes on the portion of the business owned by the ESOP.
2. EMPLOYEE MOTIVATION & RETENTION
• Ownership Stake: Employees gain a direct ownership interest in the company, which can increase their motivation and loyalty.
• Enhanced Engagement: Employees are more likely to be engaged and productive when they have a stake in the company’s success.
3. SUCCESSION PLANNING
• Controlled Exit: ESOPs provide a structured way for business owners to exit the company while ensuring continuity and stability.
• Fair Market Value: Owners can sell their shares at fair market value, ensuring they receive a fair price for their business.
4. IMPROVED COMPANY PERFORMANCE
• Increased Productivity: Companies with ESOPs often see improved productivity and innovation due to the alignment of employee and company interests.
• Better Financial Performance: Studies have shown that ESOP companies tend to perform better financially compared to non-ESOP companies.
5. FINANCIAL FLEXIBILITY
• Leveraged ESOPs: Companies can use leveraged ESOPs to borrow money for various purposes, such as buying out existing shareholders or funding expansion.
• Cash Flow Benefits: ESOP financing can improve cash flow by making principal payments tax-deductible.
6. EMPLOYEE BENEFITS
• Retirement Savings: ESOPs provide employees with a valuable retirement benefit, as they accumulate shares over time.
• Financial Security: Employees gain financial security through ownership, which can lead to increased job satisfaction and stability.
7. CORPORATE CULTURE
• Positive Work Environment: ESOPs can foster a positive corporate culture by promoting a sense of ownership and shared goals among employees.
• Alignment of Interests: Employees and management are aligned in their efforts to improve company performance and increase share value.
These benefits make ESOP financing an attractive option for companies looking to enhance employee engagement, improve financial performance, and provide a structured exit strategy for owners.
Plus You Will Enjoy:
Having the right loan specialist is essential to your success.
Talk to us about your business and where you want it to go. We can help you get there. Find out what it’s like to work with a loan specialist who puts you first.
We’re committed to do our best to make it happen your way.
Setting up an Employee Stock Ownership Plan (ESOP) involves several key steps. Here’s a general outline of the process; in which we can either help guide you or do for you:
1. DETERMINE FEASIBILITY
• Assess Interest: Ensure that you, as the owner, and your employees, are willing to sell and buy shares to the ESOP
• Conduct a Feasibility Study: Evaluate the financial impact and benefits of establishing an ESOP for your company.
2. CONDUCT a VALUATION
• Hire a Valuation Firm: Obtain an independent valuation of your company to determine the fair market value of the shares.
3. HIRE an ESOP ATTORNEY
• Legal Expertise: Engage an attorney experienced in ESOPs to help navigate the legal requirements and draft the necessary documents.
4. OBTAIN FINANCING
• Secure Funding: Here's where we come in... Arrange for the necessary financing to fund the ESOP. This can involve borrowing money or using company funds to purchase shares.
5. ESTABLISH the ESOP TRUST
• Create a Trust: Set up an ESOP trust to hold the shares on behalf of the employees.
• Fund the Trust: Contribute company shares or cash to the trust, or have the trust borrow money to buy shares.
6. DESIGN the ESOP PLAN
• Plan Provisions: Work with your attorney and consultants to design the specific provisions of the ESOP, including eligibility, vesting schedules, and distribution rules.
• Trustee Appointment: Decide whether to appoint an internal trustee or hire a professional independent trustee to manage the ESOP.
7. IMPLEMENT the ESOP
• Employee Communication: Inform employees about the ESOP and how it works. Provide education on the benefits and responsibilities of being an ESOP participant.
• Ongoing Administration: Set processes for the ongoing administration of the ESOP, including annual valuations, contributions, and distributions.
8. MONITOR & ADJUST
• Regular Reviews: Continuously monitor the ESOP to ensure it meets the company’s goals and complies with legal requirements.
• Adjust as Needed: Make adjustments to the plan as necessary to address changes in the company’s circumstances or regulatory environment.
Plus You Will Enjoy:
Having the right loan specialist is essential to your success.
Talk to us about your business and where you want it to go. We can help you get there. We can also help complete all of the above outlined steps of forming the ESOP for you. Find out what it’s like to work with a loan specialist and business consultant, who puts you first.
We’re committed to do our best to accommodate your specific needs.
SBA 7(a) vs. SBA 504: Loan Comparison
Trying to decide what type of loan is best for your business can be confusing. With all the rules, guidelines and regulations, it’s easy to get overwhelmed. But with the right information, you can confidently choose the best loan program for your specific business needs.
At NextLevel Business Solutions, we are proud to offer government-guaranteed Small Business Administration (SBA) 7(a) and 504 loans. Use the chart below to discover the key differences between these two SBA loans and learn when you should consider each program.
Let us help you make the right decision, along with helping you to complete the appropriate application.
Please reach us at Contact@NextLevelBusinessSolutions.com if you have any questions about applying for a SBA Loan.
The 7(a) loan is the SBA’s Most Popular Loan Program, for small business owners and many who would not otherwise qualify for a conventional small business loan, find that they qualify for the SBA 7(a) program.
While many people mistakenly think that this loan is only for those starting a new business, the SBA 7(a) loan is also an excellent financing tool for those who want to expand an established business, buy an existing business, buy a franchise, purchase a building that's part of the business, or finance a construction project.
Unlike the 7(a) loans, the SBA 504 loan program is more specific in terms of what and how you can use the funding. Created by the SBA to support and encourage small business growth and support economic development, the funds from this loan must be allocated toward fixed assets such as commercial real estate and equipment. These loans have low down payments and interest rates.
If you’re purchasing an existing building, expanding, or building a new construction, the SBA 504 loan allows business owners to finance construction costs, closing costs and soft costs, including architectural fees, engineering, fees, surveys, title insurance and more within the loan. Machinery, equipment, furniture, fixtures, signage, landscaping and parking lots can also be included. This allows borrowers to retain more of their working capital for other expenses.
If you’re unsure which program would be best for your business, remember that you do not need to go through this process alone. Contact an experienced SBA Loan Specialist, like NextLevel Business Solutions, to discuss your loan options.
As a Nationwide SBA Loan Specialist and Approved Broker, NextLevel Business Solutions has the resources and extensive experience needed to tailor solutions for your business; while guiding you down the path to greater success.
Lending decisions are driven by our team of banking professional, lending institutions, and financing organizations: who understand your business. We employ our creativity, understanding, experience, and expertise, to formulate and achieve the right and best solution for you. Based upon your expressed desired outcome.
All loans are subject to credit approval. Restrictions and limitations may apply. NextLevel Business Solutions does not provide tax, legal or investment advice. All decisions concerning these matters should be made in conjunction with your professional advisors.
SBA 7(a) Borrower Information Form:
Download the Borrower Information pdf Form, Below; along with the Application /Package Check List; and complete it in its Entirety. Then Send the Completed Form (Complete Package), to our Email Address: Contact@NextLevelBusinessSolutions.us
Allow us to assist you with completing this form.
We can Assist you with this Process.
Be certain to submit all documents requested, to: contact@NextLevelBusinessSolutions.us to prevent any delays in the application approval process.
We can Assist you with this Process.
Be certain to submit all documents requested, to: contact@NextLevelBusinessSolutions.us to prevent any delays in the application approval process.
Whether you want to start a business, expand your business, buy a business, a franchise, or real estate... We Can Help.
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