Capnet Solutions

04/19/2026

02/03/2026

Illinois Foreclosure Timeline

Facing foreclosure? Start by reading this guide to Illinois foreclosure law, then contact Vantage Group Legal for immediate help.

12/15/2025

The 8 Reasons Why a Loan Modification Gets Denied
https://nadiakilburn.com/why-a-loan-modification-gets-denied/

12/04/2025

Q: Why can’t I find a hard money loan on an owner occupied residence?

A: Hard money lenders usually avoid owner-occupied properties because the moment you live in the home, the loan becomes a consumer mortgage—and that triggers strict federal and state regulations that most hard money lenders don’t want to deal with.

12/04/2025

Most lenders require a minimum credit score of 680, but the higher your credit score, the better your approval odds and potential interest rate.

Learn how a second mortgage works, the types of second mortgages, requirements, pros and cons and if it’s a good idea to get a second mortgage.

02/10/2025

The SBA 7(a) loan program is one of the most popular financing options offered by the U.S. Small Business Administration (SBA). It is designed to provide funding to small businesses for a variety of purposes, such as purchasing real estate, equipment, working capital, refinancing debt, or acquiring a business.

Key Details About the SBA 7(a) Loan:
Loan Amounts:

Up to $5 million.

The amount depends on the business's needs and eligibility.

Eligibility:

Must be a for-profit small business in the U.S.

The business must meet SBA size standards.

Adequate owner equity investment is required.

The business should show the ability to repay the loan.

Use of Funds:

Real estate purchase or construction.

Buying equipment, machinery, or inventory.

Working capital.

Refinancing business debt (under qualifying circumstances).

Franchise purchase or expansion.

Purchasing a building for your business

purchasing an excising business

Interest Rates:

SBA sets a maximum interest rate cap.

Rates can be fixed or variable, often based on the prime rate plus an additional percentage.

Loan Term:

Working capital: up to 10 years.

Equipment financing: up to 10 years or useful life of equipment.

Real estate: up to 25 years.

Down Payment:

Typically 10% to 20%, depending on the loan's purpose.

No money down option if purchasing a building for your excising business

No money down option for purchasing a an alike business to the one you already have

No money down option for key employee to purchase your excising business and or/real estate.

Collateral Requirements:

Collateral may be required, but lack of collateral won’t automatically disqualify you.

Personal guarantees from owners (20%+ ownership) are typically needed.

Fees:

Origination fees and a guarantee fee, based on the loan amount, may apply.

Fees are generally included in the loan amount.

Process and Timing:

The process involves both the SBA and a participating lender (such as a bank or credit union).

Expect it to take 30 to 90 days, depending on the complexity and lender.

Benefits:
Lower down payments compared to conventional loans.

Longer repayment terms.

Backed by the SBA, making it easier for small businesses with limited credit history to qualify.

Limitations:
Application process can be time-consuming and paperwork-intensive.

SBA guarantees a percentage (up to 85% for loans under $150,000 and up to 75% for loans over that amount), which doesn’t eliminate the risk for the borrower.

Call now to connect with business.

02/08/2025

Did you know if you own a business and are renting, you might be eligible to purchase a building for your business no money down. The SBA 7(a) Loan Program offers a Rent Replacement Loan option, which provides 100% financing for eligible businesses. This loan is designed to help businesses that are leasing their space and want to purchase the property they currently occupy or a new property. Here's a breakdown of how it works:
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Key Features of the SBA Rent Replacement Loan:
1. 100% Financing:
o The SBA allows borrowers to finance up to 100% of the property's purchase price, including closing costs and eligible expenses.
o This eliminates the need for a down payment, making it easier for businesses to acquire property.
2. Eligible Properties:
o The property must be owner-occupied, meaning the business must occupy at least 51% of the space.
o It can be used to purchase the property the business is currently leasing or a new property.
3. Loan Terms:
o Loan Amounts: Up to $5 million.
o Interest Rates: Negotiated with the lender but typically tied to the Prime Rate plus a margin.
o Repayment Terms: Up to 25 years for real estate purchases.
4. Use of Funds:
o Purchase of commercial real estate.
o Refinancing existing debt (if applicable).
o Covering closing costs and other eligible expenses.
5. Eligibility:
o The business must qualify as a small business under SBA size standards.
o The business must demonstrate the ability to repay the loan.
o The property must be used for business purposes.

Call now to connect with business.

02/07/2025

The SBA 504 Loan Program is a U.S. Small Business Administration (SBA) initiative designed to help small businesses acquire long-term, fixed-rate financing for major assets like real estate or equipment. Here's a breakdown of its key features:

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Key Features About the SBA 504 LOAN:
Purpose:

Purchase land, buildings, or equipment.

Construct or renovate facilities.

Refinance debt in connection with expansion.

Loan Structure:

50%: Provided by a traditional lender (e.g., bank).

40%: Covered by a Certified Development Company (CDC), backed by the SBA.

10%: Contributed by the borrower as a down payment.

Loan Terms:

Real Estate: Up to 25 years.

Equipment: Up to 10 years.

Fixed interest rates.

Eligibility:

For-profit small businesses.

Net worth under $15 million.

Average net income under $5 million after taxes for the past two years.

Must use at least 51% of the property for business operations.

Loan Limits:

Maximum SBA loan: $5 million.

Higher limits for certain energy-efficient or manufacturing projects.

Use of Funds:

Purchase or renovate owner-occupied commercial real estate.

Buy long-term machinery or equipment.

Refinance existing debt under specific conditions.

Advantages:

Low down payment (10%).

Long repayment terms.

Fixed interest rates.

Preserves working capital.

Application Process:

Work with a CDC and a traditional lender.

Submit financial documents, business plans, and project details.

Undergo SBA review and approval.

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Benefits:
Low down payment (10%).

Long-term fixed rates (up to 25 years for real estate, 10 years for equipment).

Lower interest rates than conventional loans.

Preserves cash flow for operations.

No balloon payments.

Supports job creation and energy-efficient projects.

Allows debt refinancing.

Limitations:
Strict eligibility (net worth < 15M,netincome

Call now to connect with business.

07/10/2024

Key employee/ Manager business purchase program.

O% Borrower injection for manager buying the business.

No prepayment penalty.

SBA loan program

Contact us for more details

09/19/2022

September 19, 2022 Delaney SextonContributing Editor Main Street Monday – 53% of Small Business Owners Increased Their Prices in August Source: NFIB “Inflation remains the #1 problem for small business owners. Gas is cheaper, but not much else,” says Bill Dunkelberg, the NFIB Chief Economist. ...