Financing for managed service providers
An IT provider invests in equipment and people before billing the first month of a contract. We help you explore capital to grow or financing to buy your offices.
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
- Computers, servers and backup
- Licensing and monitoring tools
- Hiring engineers and support staff
- Client equipment inventory
- Expanding into new markets
OWN™ — buy the building where you operate
Your operations center, lab and equipment storage support contracts with demanding service agreements. Moving carries operational risk. Owning the property steadies cost and protects the continuity clients expect.
What lenders typically review
Lenders usually review how long the business has operated, its cash flow, the owners’ credit and the managed service contracts in force. 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
Does recurring revenue help me qualify?
Recurring contracts usually show stability, but the decision depends on the full profile and lender approval.
Can I finance equipment for a new contract?
Yes, equipment and working capital are contemplated in GROW\u2122, with terms up to 10 years.
Is acquiring another provider considered?
Eligible business acquisitions are considered in specific industries. We review it case by case.
Do I need specific personal collateral?
GROW\u2122 does not require it. Limited business collateral requirements may apply.
Related uses of capital
Buying a business that already works gives you customers, staff and cash flow from day one. SBA financing can cover the acquisition and, when it applies, the building too.
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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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If your business has outgrown its space or customers are asking for you in another area, it may be time to grow. Working capital helps you take that step with a long-term repayment plan.
Learn moreIndustries
- Accounting & tax
- Agriculture
- Auto dealerships
- Automotive care
- Broadband
- Dental practices
- Educational services
- Fitness centers
- Franchise restaurants
- Franchises
- Funeral homes & crematories
- Government contracting
- Hardware stores
- Healthcare
- Home care
- HVAC & plumbing contractors
- Insurance agencies
- Investment advisory
- Law firms
- Pet care facilities
- Pharmacies
- Professional services firms
- Property management
- Restoration, remediation & cleaning
- RV parks
- Self-storage
- Veterinary clinics
- 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.