BUSINESS ACQUISITION FINANCING

SBA LOANS

<p>At LendingClub Bank, we understand that purchasing a business may be one of the biggest decisions of your life. That’s why our team is dedicated to working with small businesses to develop the solutions that are right for your unique needs. Our experienced relationship managers will personally walk you through each step of the process to ensure you have the resources you need for a smooth transition from start to finish.</p>

Types of Financing

<h4>Proceeds can be used on the following: </h4><ul><li><p>Acquiring a new or existing company</p></li><li><p>Buying out a partner or business succession planning</p></li></ul><p></p>

Proceeds

<ul><li><p>Competitive interest rates</p></li><li><p>7(a) loans from $200,000–$5,000,000</p></li><li><p>Up to 90% financing for business acquisitions</p></li><li><p>Up to 100% financing for partnership or family buyout</p></li><li><p>Can include working capital and equipment</p></li><li><p>Up to 10-year term without real estate</p></li></ul><p></p>

Perks of Financing with LendingClub

<h4>Acquisition of an Accounting Firm and Real Estate</h4><p>$292,000, 20-year term, SBA 504 loan</br>$120,000 SBA 7(a) loan and Line of Credit in Massachusetts</p><h4>Acquisition of an Industrial Services Company</h4><p>$2,605,000, 10-year term SBA 7(a) loan</br>$100,000 SBA 7(a) Line of Credit in Rhode Island</p><h4>Purchase of a Childcare Business</h4><p>$675,000 10-year term SBA 504 Loan in Connecticut</p><h4>Acquisition of a Pediatric Medical Practice &amp; Real Estate</h4><p>$622,500, 20-year term SBA 7(a) loan in New Jersey</p><p></p>

Recent Transactions

<p>“Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a customer.”</p><p><b>—Hayden S. </b><sup>1</sup></p>

Why choose LendingClub for your SBA loan?

Speak with someone from our SBA Lending team today!

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