Business Loans

We understand that taking out a business loan can be a big financial commitment for borrowers. If you think you could benefit from business financing, ask yourself this key question before making a decision: “how exactly will I use this loan for my business?”

Based on your answer, you may decide a short-term loan is right for you. There are many ways a loan can help drive your business forward. A short-term loan is a form of financing that is generally repaid in two years or less. The funds can be used to cover various business expenses, and to aid in the expansion of your business.

The interest rate

on a short-term loan can vary significantly for borrowers, depending on factors such as credit scores, annual revenue and more. At Superior Credit Capital, interest rates for short-term loans are competitive and our pricing is transparent— so you’ll always know your cost of capital up front.

Here are some popular reasons why business owners choose to apply for a short-term loan and 4 ways to use it:

  1. Reopening your Business. 
  2. Expanding to a new location. 
  3. Investing in renovations. 
  4. Financing marketing campaigns. 

Need assistance to see if your business qualifies for a loan?

Superior Credit Capital

Minimum qualifications for a business line of credit option:

  • Time in Business: 1 Year. 
  • Personal FICO Score: 600. 
  • Business Annual Gross Revenue: $100k. 
  • Business Checking Account: Yes. 

Benefits to

Your Business

Same Day Funding: Standard ACH bank transfers take up to three business days. But with SCC you could get funds in your bank account by 5:00 pm the same day.*

Prepayment Benefits: If you qualify for our 100% Prepayment Benefit option, pay your loan off early in full and have all remaining interest waived without any penalty or fee.‡

Loyalty benefits: If you’re a current SCC customer, you’ll have any remaining interest waived if you take a new SCC small business loan. We can also offer a lower or even 0% origination fee on your next loan.

Business credit building: Help build your business’s credit by making on-time payments, which we report to the business credit bureaus.

Would you like to take advantage of these benefits?

What is an SBA loan?

An SBA loan is a government-guaranteed small business loan that has a long-term and a low-interest rate. The Small Business Administration (SBA) is the government agency that partially guarantees SBA loans and was founded in 1953 to support small business owners across the United States.

What can you use your SBA loan for?

SBA 7(a) loans from $30,000 – $350,000 from banks in the SCC network can be used for debt refinancing and working capital. Working capital includes operational expenses, marketing, hiring, etc. SBA loans can be used to fund new equipment purchases as well.

SBA 7(a) loans can also be used for refinancing existing business debt not secured by real estate (such as cash advances, business loans, and equipment leases).

SBA Commercial Real Estate loans from $500,000 – $5 million from banks in the SCC network can be used for the purchase or refinance of commercial real estate that is 51% owner-occupied.

Now for the good stuff: How much is an SBA loan going to cost you? The news here is positive— it’s tough to beat the low interest rates and long repayment terms for these loans. SBA loans tend to be the least expensive financing available to small business owners.

Do you want an SBA loan? Start by giving us a call!

Personal and business requirements to apply for an SBA Loan:

SBA Loans through banks in the SCC network are for financially healthy borrowers. Most businesses can qualify for these loans if they’ve operated for at least two years with good credit, have no recent bankruptcies or foreclosures, and have cash flow that is sufficient to make the monthly payments throughout the life of the loan. The actual approval requirements will depend on the individual lender and factors such as your business revenue, cash flow, and credit scores.


Loans up to


Commercial Real Estate

Loans up to



  • 2+ years in business. 
  • Business owners must be U.S. citizens or legal permanent residents. 
  • Business owners’ personal credit score. 
    • 650
    • 675
  • Business and personal cash flow to service all debt payments demonstrated by tax returns and interim financial data. 
  • Bankruptcies or foreclosures in the last 3 year. 
  • Outstanding tax liens. 
  • Delinquencies and/or default on government loans. 
  • Real estate must be majority owner-occupied**. 

Predictable, fixed payments: Pay the same amount from the beginning to the end of your repayment term, so you can manage your cash flow with no surprises or large costs up front.

Not sure if you qualify?
Get in touch with us!

Documents required to
Apply for an SBA loan:

Banks in the SCC network require the previous 3 years of business and personal income tax returns.

A Personal Financial Statement is required from each individual owning 20% or more of the company.

Also known as an “Income Statement,” a Profit and Loss Statement measures a company’s financial performance over a specific period of time. This statement includes all revenue and expenses over a given period.

This statement provides an overall financial snapshot of your small business. As an equation, it looks like: Assets = Liabilities + Equity. The two sides of the equation must balance out to equal each other.

Most banks require some type of collateral. For banks in the SCC network, collateral required depends on the SBA loan size. If you apply for a loan through a bank in the SCC network for $30,000 to $350,000, a lien on business assets is required by the bank. This includes assets such as accounts receivable or inventory, as well as fixed assets such as new equipment purchased with loan proceeds or commercial real estate owned by the business. The value of these assets does not need to equal the loan amount you are requesting.

If you apply for a commercial real estate loan of $500,000 or more through a bank in the SCC network, the property you are refinancing or purchasing will be the collateral for the loan and a first lien on the real estate is required. Based on the appraised value, you must have at least 10% – 20% equity in the real estate for a refinance or put 10% – 20% down for a purchase of the real estate.

These can include entity and location documents such as business licenses, articles of incorporation, commercial leases, or franchise agreements.

To apply for any of the programs listed above, please fill out the contact form with some basic information about your business. A representative will reach out as soon as possible. Be prepared to have 3 months complete bank statements from your main operating account handy when speaking with our consultants.

*For long term traditional funding, your Business Tax Return and other documents may be required.*

Ready to start sharing your documentation?
Let’s talk!

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Having some additional doubts or questions? Don’t worry! Fill the contact form below and we’ll take care of your particular case. Our representatives will be ready to assist you and give you the attention you deserve!