- Commercial real estate purchase
- 95% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Music School Franchise
Princeton, NJ
$725,000 SBA 7(a) Loan
Because SBA (Small Business Administration) loans provide access to capital without the need to sacrifice equity. Meridian’s experienced team of SBA lenders offers SBA 7A and 504 loans to businesses and entrepreneurs to help them achieve a wide variety of business goals.
The benefits of SBA loans include:
- High leverage with minimal cash investment
- Longer terms to minimize debt service
- Flexible underwriting requirements
- Easier qualification
- Lower down payments
- Less collateral than most standard conventional loans
As the Top SBA Lender in Eastern Pennsylvania and a Top 50 SBA Lender in the Nation, Meridian Bank’s SBA lending team has provided financing to thousands of business owners and entrepreneurs nationwide. Our goal is to ensure the success of your venture through bespoke financing, reliable experience, and a quick closing.
Recent Deals
Manufacturing Co
Telford, PA
$1,180,000 SBA 7(a) Loan
- Business acquisition and commercial real estate purchase
- 90% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Financial Planner
Plymouth Meeting, PA
$950,000 SBA 7(a) Loan
- Commercial real estate purchase and construction financing to purchase and improve a historic office building
- 95% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Warehouse & Port Storage Facility
Camden, NJ
$1,500,000 SBA 7(a) Loan
- Commercial real estate purchase and construction financing
- Business expansion from Philadelphia location
- 95%+ loan to gross project costs financed
Manufacturing Company
Seaford, DE
$3,000,000 SBA 7(a) Loan
- 15-year term and amortization provided
- Full balance sheet consolidation – refinanced all current business debts
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
IT Consulting Firm
Chatham, NJ
$1,100,000 SBA 7(a) Loan
- Full balance sheet consolidation – refinanced all current business debts
- 10-year term and amortization provided
- Meridian also provided an SBA Express Line of Credit to help manage cash flow and continued growth
Podiatry Practice
Lansdale, PA
$540,000 SBA 7(a) Loan
- Commercial real estate purchase and practice acquisition
- 25-year term and amortization provided to maximize cash flow
- 90% loan to gross project costs financed
Contractor Supply Company
Berlin, NJ
$1,450,000 SBA 7(a) Loan
- Commercial real estate purchase and property improvements
- Customer previously worked with Meridian’s SBA team to buy-out former partner
- 95% loan to gross project costs financed
Automotive Repair Shop
Camden County
$1,500,000 SBA 7(a) Loan
- Commercial real estate purchase and business acquisition
- Customer purchasing their third location to grow on the success of their first two shops
- 90% loan to total project costs with full 25-year term and amortization
Indoor Play Space
Montgomery County
$1,730,000 SBA 7(a) Loan
- Commercial real estate purchase and property improvements
- Customer relocating their business to a new location in order to control real estate needs
- 90%+ loan to total project costs with full 25-year term and amortization
Music School Franchise
Princeton, NJ
$725,000 SBA 7(a) Loan
- Commercial real estate purchase
- 95% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Manufacturing Co
Telford, PA
$1,180,000 SBA 7(a) Loan
- Business acquisition and commercial real estate purchase
- 90% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Financial Planner
Plymouth Meeting, PA
$950,000 SBA 7(a) Loan
- Commercial real estate purchase and construction financing to purchase and improve a historic office building
- 95% loan to gross project costs financed
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
Warehouse & Port Storage Facility
Camden, NJ
$1,500,000 SBA 7(a) Loan
- Commercial real estate purchase and construction financing
- Business expansion from Philadelphia location
- 95%+ loan to gross project costs financed
Manufacturing Company
Seaford, DE
$3,000,000 SBA 7(a) Loan
- 15-year term and amortization provided
- Full balance sheet consolidation – refinanced all current business debts
- Meridian also provided an SBA Express Line of Credit to help manage operational cash flow
IT Consulting Firm
Chatham, NJ
$1,100,000 SBA 7(a) Loan
- Full balance sheet consolidation – refinanced all current business debts
- 10-year term and amortization provided
- Meridian also provided an SBA Express Line of Credit to help manage cash flow and continued growth
Podiatry Practice
Lansdale, PA
$540,000 SBA 7(a) Loan
- Commercial real estate purchase and practice acquisition
- 25-year term and amortization provided to maximize cash flow
- 90% loan to gross project costs financed
Contractor Supply Company
Berlin, NJ
$1,450,000 SBA 7(a) Loan
- Commercial real estate purchase and property improvements
- Customer previously worked with Meridian’s SBA team to buy-out former partner
- 95% loan to gross project costs financed
Automotive Repair Shop
Camden County
$1,500,000 SBA 7(a) Loan
- Commercial real estate purchase and business acquisition
- Customer purchasing their third location to grow on the success of their first two shops
- 90% loan to total project costs with full 25-year term and amortization
Indoor Play Space
Montgomery County
$1,730,000 SBA 7(a) Loan
- Commercial real estate purchase and property improvements
- Customer relocating their business to a new location in order to control real estate needs
- 90%+ loan to total project costs with full 25-year term and amortization
