Capital to open your next location
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.
Expansion
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.
- Open a second location
- Expand your current space
- Add new services or business lines
- Enter a new area or city
- Cover opening and startup costs
GROW™ — capital for your next stage
This use fits GROW™, our growth capital: up to $350,000, terms of up to 10 years, no prepayment penalty and no specific personal collateral required, with a fast-track funding process. If the expansion includes buying the property, SBA financing to buy your building may be the better fit.
Frequently asked questions
Can I use the capital to open another location?
Yes, expansion is a common use of working capital. The lender confirms eligibility for your case.
What if I want to buy the building for the new location?
Then look at SBA financing to buy your building, with potential financing of up to 100%*, amounts up to $5 million or more and a target closing timeline of 45–60 days.
Does my business need time in operation?
Generally three or more years in operation are required, along with other credit and lender requirements.
Does CapitalBUENO guarantee approval?
No. Financing is not guaranteed and the lender makes all credit decisions. We help you present your case in the best way.
Industries where it is common
Uses of capital
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.