This week, we’re also highlighting three commercial equipment brokers who successfully closed deals by combining SBA-backed loans with their core finance offerings. Each broker’s approach helped businesses secure the funding they needed, offering a blend of affordability and flexibility that beat out traditional bank options. Here’s how they did it, along with feedback from their clients.
Deal #1: Construction Firm Finds the Perfect Financing Mix
A growing construction company needed capital to expand its operations but found bank financing too restrictive. Their commercial equipment broker stepped in with a solution that combined an SBA 504 loan to fund their facility expansion with equipment leasing for new construction machinery.
“The bank just wasn’t willing to work with us on both the building and equipment costs,” the company’s CEO explained. “The broker, however, pulled together an SBA loan and leases that kept our cash flow in check while allowing us to grow. It was a huge relief.”
Deal #2: Medical Practice Expands with Ease
A medical practice was looking to expand its services but couldn’t secure favorable terms with its bank. Their broker offered a two-part solution: an SBA-backed loan for the facility upgrade and a leasing program for the high-tech medical equipment.
“Our bank kept raising the bar on deposit requirements,” the practice owner shared. “The broker brought us an SBA loan for the big project and leased the equipment we needed. It was seamless, and we were able to grow without financial strain.”
Deal #3: Manufacturer Scales Production with SBA Support
A manufacturing company wanted to upgrade its production lines but faced delays with its bank’s approval process. Their broker combined an SBA 7(a) loan for the larger machinery investments with equipment financing for additional tools and technology.
“Our bank was dragging its feet, and we were losing time,” said the company’s CFO. “The broker made it simple—an SBA loan for the main machines and leases for the rest. We could scale quickly and affordably.”
These brokers demonstrated how pairing SBA-backed loans with core financing options like equipment leasing and asset-based lending can help businesses achieve their growth goals. With customized solutions and quicker turnaround times than traditional banks, brokers are winning deals and helping their clients thrive.
