New ATSSA program to assist members with low-cost financing
Association working with SBA Loan Group as part of member savings program
As part of ATSSA’s ongoing commitment to providing quality service to more than 1,500 member companies across the country, the SBA Loan Group is offering a discount to ATSSA members.
The business relationship is part of ATSSA’s member savings program, a newly launched program to provide additional services to ATSSA members to assist them in operating their businesses. SBA Loan Group is a leading national Small Business Administration loan packager, that will assist ATSSA members in obtaining low cost (currently 8.25% or less) and long-term (10-25 years) financing through the SBA Loan Guarantee Program.
These loans range from $100,000 to $14 million and can be used for working capital, to purchase real estate for a business, to acquire a business, and other general business purposes.
“We’re excited to be a part of the Member Savings Program with ATSSA, [to provide a] service [that] will be very valuable to their members,” said SBA Loan Group CEO Jarret Prussin.
SBA Loan Group works with the borrower to gather all the data needed for an SBA loan. They analyze the data to ensure your company qualifies for the loan as well as prepares a pre-underwriting analysis. SBA Loan Group assists the bank and the client in receiving a bank commitment letter, SBA approval and funding of the loan. SBA Loan Group only receives a fee on the successful closing of the funding of the loan. SBA Loan Group currently has over 60 participating banks.
“At ATSSA, we’re always looking for opportunities to better serve our members, and the SBA Loan Group’s services as part of the association’s membership savings program will be helpful to many of our members across the country, assisting them in getting the funds they need to grow their business,” said ATSSA’s Director of Member Engagement Rita Rose.
For more information about SBA Loan Group, visit www.sbaloangroup.com.