South End Capital Announces Recent Subprime SBA Loan Closings – $710,000 Business Purchase and $627,000 MCA / Debt Consolidation

Below are recent subprime SBA loans we provided for borrowers who were turned down by other SBA lenders or didn’t believe they could qualify for SBA financing. All rates were prime + 2.75% (currently 7.5%), the same rates most conforming SBA lenders charge.