SBA Loans

Jascott helps by funding small businesses through different types of loans. We lend finances directly to owners of small businesses. For small businesses that require finances, Jascott provides loans to help them out.

Why JaScott?

We have a portfolio of 50 business lending programs that can help you gain the best loans and investment options. We have an ever evolving set of business mechanics and we serve our customers according to their needs.

Best loans

We provide some of best loan options for your business. Gone are the days you had to find investors by contacting them individually. By choosing to work with us you can get access to our lending programs and expert guidance.

Quick and Simple

Obtaining loans with our 1 step quick process is the easiest that it can get. We offer quick and easy access to loans to all our customers.

Offering Security

Our loans are protected and we ensure that you don’t have to go through the ropes like you would with an individual investor. We here take charge of all your lending requirements and we provide complete security.

SBA Loan Details

MAXIMUM LOAN AMOUNT

$5K - $5 Million

LOAN TERM

3 Months - 2 Years

INTEREST RATES

9.99% - 24.99%

SPEED

As Fast As Same Day

Quick Business Loans

Provide Working Capital from 10K-$5,000,000

1

Apply in Minutes

Our secure online application only takes 10 minutes or less. Apply today & qualify for the best options.

2

Get Approved Quickly

We’ll review your business information and layout all the funding options we have available.

3

Receive Funds

Once approved, you’ll access working capital immediately!

SBA Loan Qualifications

Even though conventional SBA loans are much easily acquired than bank loans. They're still harder to acquire than most uninstitutional loans. They generally take longer to process paperwork, have a higher rejection rate, and require a lot more paperwork than direct online lenders. Some SBA loans have lightened the requirements due to the economic pressure brought on by COVID-19, but only to help as many owners of small businesses as we can.

SBA Loan Application Procedure

If you want a pre-approval letter, you'll have to provide enough information for the lender to assess your loan application. You can speed up the approval process by providing these documents in addition to the standard ones such as your business license:

  • A three-year tax return
  • Current financial statements
  • Cash flow and income statements
  • Statements of balance
  • Projections of sales
Loans under both the Economic Injury and Disaster Loan Program and the Paycheck Protection Program have different requirements than other SBA loans. When you apply for an EIDL, you must show that your business has suffered directly from Coronavirus. Your company is not likely to qualify when you're not able to do so.

Financial aid can accelerate business growth

Applying is free and won’t impact your credit.
Talk to a rep at (877) 360-7387

SBA Loans for any need that may arise

Small businesses can obtain an SBA loan for just about any need. 504, 7(a), and Express loans are common SBA loans.

SBA 7(a) Loan

SBA loans with the 7(a) guarantee are among the most flexible. Among its uses are:
  • Land purchase
  • Costs associated with construction
  • Streamline your debts by refinancing
  • Purchasing supplies, machinery, or materials

  • Loans falling under SBA 7(a) may not require collateral, but loans that exceed $25k probably will. To minimize the risk of default. The SBA needs your lender to ask for as much collateral as possible for loans of $350k or higher. However, even if your business collateral isn't enough to cover it, you can qualify with many kinds of personal collateral as well.
    If you meet all the qualification requirements, you can get financed for up to $5 million if you need a large number of funds.

    SBA 504 Loan

    It is difficult to determine the costs of a project when you are applying for a 504. A 504 would be used to fund a project, which means you would need to examine your project costs in-depth. When you receive funding, your lender will cover 50 percent of the costs and the SBA will cover 40 percent – you need to cover at least 10 percent of those costs right away. At least 20 percent of the loan will also need that you guarantee it.

    Normally, you can use your SBA 504 loan to fund fixed assets, but you can also include soft costs. Projects that qualify include:
  • Land purchase
  • Costs associated with construction
  • Expanding or buying an existing business
  • Streamline your debts by refinancing
  • Purchasing supplies, machinery, or materials

  • SBA 504 loans come with some pretty cool perks. Our fixed interest rates, longer amortizations, and 90 percent financing, for example, will help you get the best deal possible. For a business to qualify for an SBA 504 loan, it must have an overall tangible net worth of at least $15 million and an average annual net income of at least $5 million over the two years before applying.

    SBA Express Loan

    This loan is perfect for borrowers needing cash in a hurry. SBA Express applications get reviewed within a day or two, unlike other SBA loans which may take longer. Even so, you won't be able to access funds that quickly - SBA Express loans usually take at least 30 days to get financed.

    The maximum you can get with an SBA Express loan is $350k. Lenders will sometimes require collateral for loans over $25k if the loan amount exceeds that amount. These loans can be used as working capital loans for about 5 to 10 years, credit lines for 7 about years or commercial real estate loans for about 25 years are available.

    Testimonials

    “The JaScott Team helped obtain several working capital loans that I used to invest and grow my real estate business. I will definitely use them again.”

    Carolyn Hooker - Realtor

    The CD Hooker Team Coldwell Banker Apex

    “The JaScott team has provided working capital to help us complete some of our construction and renovation projects as well as helped my clients find funding for home repair projects.”

    Chimere Crump

    CEO of Heels of Steel Construction

    “The JaScott team was able to help my client secure funding to renovate a transitional living home. The funding helped  my client efficient run their business and expand their ability to provide a place for those in need.”

    Char Holland

    CEO New Beginnings

    Frequenlty Asked Questions

    With Offices in Sanford Florida, Dallas TX, and Minneapolis, JaScott helps small businesses, entrepreneurs and real estate investors, and homeowners obtain loans and lines of create nationwide. In the state of TX and Florida, we also build new construction homes as well as provide home financing. Our team of financial advisors offers free consultations and guides you in successfully obtaining working capital. Also, our loan application process is easier and quicker than going to your local bank and gets you better rates and faster funds.
    With just 1 simple application, you can pre-qualify for up to 50 business lending programs. We make it fast and easy for you to obtain a loan, so you can focus on growing your business. JaScott offers your business high approval rates, fast funding times, and expert financial guidance.
    With JaScottl, you can apply for a number of business lending options, including :
    • Small Business Loans
    • SBA Loans
    • Short-Term Loans
    • Commercial Real Estate
    • Hard Money Loans
    • Rental loans
    • New Construction
    • Business Lines of Credit
    • Merchant Cash Advances
    • Equipment Financing
    • Business Acquisition
    • Loans for Latinos Small Business
    • Loans for Women
    By completing a simple loan application, you are instantly pre-qualified for business loan eligibility. Best of all, our variety of funding programs virtually guarantee that you will get approved for a loan. Some of the factors we consider are the following:
    • How long have you been in business?
    • What are your average monthly sales?
    • Do you have business assets or personal collateral?
    • What is your credit score?
    Your JaScott Financial Advisor is ready to help you 5 days a week and can be contacted via:
    1. Telephone: Call Tel: (877) 360-7387 to have your questions answered
    2. Office Consultation: Schedule an appointment,  and visit our office or satellite locations
    E-mail: Send us an e-mail to ms@jascott.org and a Financial Advisor will respond within 24 hours
    Our online application will ask you for basic business information, such as your requested loan amount, type of business, and proposed use of capital. Once a financial advisor has reviewed your loan application, we will go over your funding options and help you prepare any additional documents.
    One of the many benefits offered by JaScott is its multiple financing programs. With over 50 lending options for your business, you can qualify for a loan even if you have bad credit, no collateral, or only a few months in business.
    Below the link are the standard requirements, however, we have additional resources that we can use if these requirements cant be met.  If so, please set up a meeting with our financial consultant. https://drive.google.com/file/d/1pziGYM4WeQ9jyqyM4E9tREi9J9bf5YAL/view?usp=sharing
    The first step is to complete a short 5 minute survey assessment so we can see what programs will work best for you. Once we complete this short assessment our team will review the information and see what program will work best for you. Depending on the amount of the request or the structure of the deal we will either give you a call and send you an email requesting any additional information we need or we will setup a time via a conference call with a consultant to get more information to find the best program for your needs.