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BBB Accredited Business since

Business Expansion Lenders, LLC

Phone: (512) 913-2467 3616 Far West Blvd #117-306, Austin, TX 78731 View Additional Email Addresses View Additional Web Addresses

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Business Expansion Lenders, LLC helps in arranging $250,000 to $15,000,000 in SBA loans for established, credit qualified  businesses, typically with at least a 3-year history. They specialize in owner-occupied business property such as office space, retail space, warehouse facilities, restaurants, commercial condos and strip malls. Their primary lending focus is on, but not limited to, SBA loans for businesses looking to build, purchase, or expand their business location, while continuing to occupy at   least 51% of the property. Their lenders provide financing  up to 90% of total costs (purchase price, improvements, construction costs, closing costs, equipment, soft costs), with fixed and/or variable rates, and terms up to 30 years.
The Process: Step 1: Client completes and submits the Pre-Approval Credit Application to the business.  Step 2: Once pre-approval is determined a Letter of Pre-Approval is sent to the client (normally within 24 hours) with a detailed terms proposal. Step 3: With the pre-approval letter will be a second checklist of additional documents necessary for their lender to fully evaluate the request for financing. Step 4: These additional documents and client commitment will then allow the business to turn the Letter of Pre-Approval into a Letter of Commitment.

BBB Accreditation

A BBB Accredited Business since

BBB has determined that Business Expansion Lenders, LLC meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for Business Expansion Lenders, LLC include:

  • Length of time business has been operating
  • No complaints filed with BBB

Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 0

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Business Expansion Lenders, LLC
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: June 18, 2012 Business started: 03/21/2012 in TX Business started locally: 03/21/2012 Business incorporated 03/21/2012 in TX
Type of Entity

Limited Liability Company (LLC)

Business Management
Mr. Steve Westmoreland, Owner
Contact Information
Principal: Mr. Steve Westmoreland, Owner
Business Category

Loans - Small Business Financing


BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.