Capnet Solutions

08/30/2026

DO YOU NEED AN SBA LOAN? Get all your questions answered and an EZ prequalification!

Looking to fuel your business's next phase of growth? Our team specializes in guiding entrepreneurs through the SBA loan process, turning complex applications into clear pathways to funding. We’re here to help you secure the capital you need with confidence. Let's build your future, together.

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.