BBB Accredited Business Profile

Business Expansion Lenders LLC

Business Expansion Lenders LLC

(512) 913-2467

Business Expansion Lenders LLC

5 years in business
3616 Far West Blvd Ste 117-306
Austin, TX 78731-3082
Additional Phone Numbers
  • (855) 875-7791
Additional Email Addresses
  • info@belenders.com
  • stevew@belenders.com
BBB File Opened: 06/18/2012
Business Started: 03/21/2012
Business Started Locally: 03/21/2012
Business Incorporated: 03/21/2012 in TX
Type of Entity
Limited Liability Corporation
Business Management
  • Principal: Mr. Stephen J. Westmoreland, Managing Member
Contact Information
  • Principal: Mr. Stephen J. Westmoreland, Managing Member
Business Category
  • Loans - Small Business
  • Financing

A+

Overview

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 Reason for Ratings

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Business Expansion Lenders LLC

Business Expansion Lenders LLC

BBB ACCREDITED SINCE 06/26/2012

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