Financing for broadband and telecom providers
Expanding coverage means investing in equipment and crews long before the first new customer is billed. We help you explore capital to grow or financing to buy your facility.
GROW™ — capital for your next stage
GROW™: up to $350,000, up to 10-year terms, no prepayment penalty and no specific personal collateral required.
What owners typically invest in
- Network gear, fiber and antennas
- Vehicles and tools for install crews
- Modem and customer equipment inventory
- Hiring technicians and support staff
- Extending coverage into new areas
OWN™ — buy the building where you operate
The building that houses your network gear, warehouse and operations center is part of service continuity. Moving means relocating critical infrastructure and risking downtime. Owning the property stabilizes occupancy cost and protects operations.
What lenders typically review
Lenders usually review how long the business has operated, its cash flow, the owners’ credit and your subscriber base and how long they stay. For GROW™, reference guidelines include three or more years in operation, a personal FICO of 650 or above, a minimum SBSS score of 165, personal and business debts current, repayment capacity with a minimum DSCR of 1.25x and no bankruptcy in the last seven years. GROW™ does not require specific personal collateral, though limited business collateral requirements may apply. To buy the property through OWN™, your business must occupy most of the building.
Frequently asked questions
Can capital fund a coverage expansion?
Yes, it is one of the most common uses: equipment, installation and payroll while the new area starts billing.
How is recurring revenue evaluated?
Subscription revenue is generally viewed well, but the decision depends on the full profile and is subject to lender approval.
Can I buy the building for my operations center?
In many cases, yes, if your company occupies most of the property. Requirements depend on the program and the lender.
What are the reference guidelines?
Three or more years in operation, personal FICO of 650 or above, SBSS of at least 165, current debts, a minimum 1.25x DSCR and no bankruptcy in seven years.
Related uses of capital
Every rent payment builds your landlord's equity. With owner-occupied SBA financing, you can buy the building you rent today and turn that monthly payment into an asset you own.
Learn more
The right equipment lets you serve more customers, work faster and offer new services. With working capital you can invest in it without draining your operating account.
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A renovated space attracts customers, improves their experience and helps you work better. With working capital you can make those improvements without slowing down daily operations.
Learn moreIndustries
- Accounting & tax
- Agriculture
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- Dental practices
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- Franchise restaurants
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- Funeral homes & crematories
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- Hardware stores
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- Managed service providers
- Pet care facilities
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- Professional services firms
- Property management
- Restoration, remediation & cleaning
- RV parks
- Self-storage
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- Other established small businesses
Find out what your business may qualify for
Answer a few questions and an advisor will review your case, with no obligation.
All financing is subject to approval, financial analysis and lender terms.