InSource Business Finance
2310 W. Victory Blvd
Burbank, CA 91506
818-565-6252
info@InSourceCapital.com
Financing and Leasing for Businesses
How does a loan from InSource compare to the SBA?
The SBA loan program is a good one and just right for certain borrowers. On the other hand, for many business people, commercial loan programs have significant advantages.The table below will give you an idea of how our commercial programs differ from our SBA programs. Feel free to call us at 818-565-6252 to discuss you specific situation.
| Typical SBA Loan | InSource Capital Services Commercial Loan Programs |
Time to Funding | 6 to 8 weeks from the time we have a complete application package |
Approvals typically are a matter of a few days, funding depends on certain documentation requirements, typically a few more days |
Closing Costs | Typically involves fees and points up front, usually payable out of the loan proceeds.
| Typically a few hundred dollars, involving documentation fees. |
Collateral | Typically requires a lien of personal property, CDs, and any other assets (personal or business) that a franchisee owns. | The vast majority of our transactions are secured using the business assets of the specific franchise location and the personal credit worthiness of the franchisee. |
Rates | Variable, typically tied to the prime rate or LIBOR | Fixed over the term of the transaction, giving safety and predictability to the business. |