Business Expansion Loans
Fuel your business growth with our flexible expansion financing solutions designed for established businesses looking to scale operations.
Key Details
Interest Rates
Rates based on business financials, expansion plan viability, and term length
Repayment Terms
Flexible payment schedules available to match your business cash flow
Quick Approval
For qualified applicants
Eligibility Criteria
- Minimum 3 years in business operation
- Annual revenue of at least $500,000
- Profitable for at least the past 2 years
- Credit score of 680+ for business owners
- Clear business expansion plan with projected ROI
- Debt-to-income ratio below 50%
- No recent bankruptcies or major delinquencies
Important Note
Meeting the eligibility criteria does not guarantee loan approval. Each application is evaluated on a case-by-case basis, considering multiple factors including credit history, business performance, and market conditions.
Associated Fees
| Fee Type | Description |
|---|---|
| Origination Fee | 1% to 3% of the loan amount |
| Underwriting Fee | $1,500 - $5,000 based on loan complexity |
| Documentation Fee | $500 - $1,500 |
| Business Valuation | $2,500 - $10,000 if required, based on business size and complexity |
| Early Repayment Fee | 2-5% of outstanding balance, declining over the loan term |
Additional fees may apply based on specific circumstances. Please consult with your Fargin Capital advisor for a complete breakdown of all potential costs associated with your loan.
Key Benefits
Funding for new locations, equipment, inventory, and staff expansion
Flexible use of funds to meet your specific growth needs
Loan amounts from $250,000 to $10 million
Staged funding options available for phased expansion plans
Interest-only periods during initial expansion phase
Dedicated relationship manager with industry expertise
No collateral required for qualified businesses (for loans under $500,000)
Potential tax benefits (consult your tax advisor)
Frequently Asked Questions
How can I use the funds from a business expansion loan?
Our business expansion loans provide flexibility in how you use the funds. Common uses include opening new locations, purchasing equipment, hiring additional staff, increasing inventory, marketing campaigns, research and development, and acquiring competitors or complementary businesses.
What documentation will I need to apply?
You'll need to provide business financial statements for the past 3 years, personal financial statements for all owners with 20%+ ownership, business tax returns, personal tax returns, a detailed business plan with expansion strategy and projections, current debt schedule, and business licenses/registrations.
How long does it take to get approved and funded?
The approval process typically takes 2-3 weeks from submission of a complete application package. Once approved, funding can occur within 7-10 business days. For returning clients with strong payment history, we offer an expedited process.
Do I need to provide collateral?
For loans under $500,000, we offer unsecured options for businesses with strong financials and credit profiles. For larger loans, we typically require collateral, which can include business assets, equipment, inventory, accounts receivable, or commercial real estate.
Can I get a business expansion loan if my business is seasonal?
Yes, we work with seasonal businesses and can structure repayment terms that align with your cash flow cycles. We may offer reduced payments during your slow season and higher payments during peak periods.
Ready to Get Started?
Our team of experienced loan advisors is ready to help you secure the financing you need for your business.