Librium SBA Program
Introducing EzBizFunder’s SBA Librium 10-Year Term Loan with Monthly Payments, ranging from $50,000 to $500,000, amortized over 10 years. This loan is perfect for heavy debt, refinancing, equipment purchases, or working capital. It can also be paired with our innovative line of credit, providing a comprehensive financial solution without straining your business’s cash flow. We cater to a variety of industries, including:
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Logistics / Transportation / Trucking - Auto Mechanics - Landscapers - Plumbers - Electricians - Construction - Engineering Firms - HVAC - Accounting Firms - Medical Practices - Professional Services
EzBizFunders offers a competitive line of credit, providing you with cash on demand and the flexibility to choose your terms. Our expertise spans various sectors that many other providers overlook and/or consider as restricted industries. Our services extend to a wide range of industries, including:
Logistics / Transportation / Trucking – Distribution Companies – Real Estate Agencies – Engineering Firms – Auto Mechanics – Auto Dealerships – Fuel & Oil Services - Professional Services
Key Features
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Loan Amounts: $50,000 to $500,000
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Interest Rate: Prime + 2.75%
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Loan Term: 10 years
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Purpose: Debt refinance and working capital
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Funding Time: Typically 15 business days from complete application to funding
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Loan Size Determinant: 35% of average annual revenue; annual minimum of $50,000 for businesses in operation for 1+ years
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Will buy out your higher interest Merchant Cash Advances (MCA) [daily and/or weekly payments] & other loans.
Underwriting Guidelines
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FICO Score: 660
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Specific Small Business Scoring Service (SBSS) Score Requirements are as follows: Up to $150,000 > 155, up to $250,000 > 165, up to $500,000 > 175.
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Years in Business:
o 2 years for 660+ FICO
o 2 months for 720+ FICO -
Loan Size Determinant: 35% of average annual revenue; annual minimum of $50,000 for businesses in operation for 1+ years
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ï‚· Location & Operations: U.S. based owner & company operations
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SBA Eligibility: Size and industry requirements apply