Jan 12, 2018
Los Angeles based GoBizLoans changes name to GoSBA Loans to celebrate $100 million in funded SBA loans and its new focus on exclusively funding SBA loans.

Los Angeles, CA, United States - January 12, 2018 /MarketersMedia/ —
GoBizLoans – a leader in SBA working capital and commercial real estate loans – announced today that it is changing its corporate name to GoSBA Loans. The name change reflects the Company's continued commitment to the U.S. Small Business Administration (SBA) loan program. Additionally, GoSBA loans also announced that it has now funded more than $100 million in SBA (Small Business Administration) loans.
Phil Chau, Chief Operating Officer for GoSBA Loans, explained, “The name change reflects our commitment to, and focus on, SBA lending - the best loan program available in America today. We have quickly established ourselves as the leading source of SBA loans in Los Angeles and California, and our next focus will be aggressively growing our Texas and New York teams.”
Ishan Jetley, Chief Executive Officer of GoSBA Loans, added, “The fourth quarter of 2017 closed as the best quarter in the Company’s history. We on-boarded six new banks to the platform, growing our SBA banking partners to a total of 33 lenders. We are now lending in all 51 states, and are actively funding deals in more than a 1,000 industries. The time was right to reflect our specialism in our name, the first of many exciting changes for 2018.”
GoSBA Loans helps small business owners get quick and easy access to SBA 7(a) and SBA 504 loans. The Company recently launched its commercial real estate loan product. This new program is perfect for small businesses looking to acquire commercial real estate, retail locations, factories, and offices. GoSBA focuses on helping existing businesses with over two years’ operating history and applicants with credit scores above 680. GoSBA’s SBA loans start as low as 4% with loans up to $5M.
GoSBA has been so successful in part because of their transparent online application process. The application process is easily accessible online and is completely secure. GoSBA Loans has a quick application and approval process. Small business owners can apply online, and receive nearly instant pre-approval. Working capital loans from GoSBA tend to take around 7 days, and real estate capital usually takes about 30 days. The Company offers a lowest rate guarantee to all applicants.
About GoSBA Loans: GoSBA Loans is a Los Angeles based SBA loan marketplace that significantly streamlines online SBA 7(a) and SBA 504 lending. The GoSBA Loans SBA application can be completely processed online. The Company’s proprietary technology lets GoSBA pre-qualify borrowers within 2 minutes. After pre-approval, our simple step-by-step process makes its extremely simple for borrowers to collect and upload all the business and application information within 30 minutes. The Company’s technology automatically collects and packages a comprehensive loan application exactly as per the SBA’s requirements. Most loans are funded in as little as 1 week. The Company connects applicants to lenders that have the highest chance of funding their loan. With GoSBA Loans, applicants only fill out one application and the application is automatically circulated to the best lenders that can provide the best terms and rates. The platform reduces SBA application and approval time by as much as 90%.
Contact Info:
Name: Angeline Mendoza
Email: [email protected]
Organization: GoSBA LLC
Address: 6581 W Manchester Ave, Los Angeles, CA, 90045
Phone: 855-381-6448
Source URL: https://marketersmedia.com/los-angeles-sba-loan-company-gobizloans-changes-name-to-gosba-loans/286587
For more information, please visit https://gosbaloans.com/
Source: MarketersMedia
Release ID: 286587
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