SBA Funding Profile: Team 1St Technologies
Team 1St Technologies, operating within the Data Processing, Hosting, And Related Services sector in Albuquerque, NM, recently secured a high-tier SBA 7(a) commercial loan. This funding highlights the strong capital availability for qualifying businesses in this region.
Loan Details & Terms
- 💰 Approval Amount: $800,000
- 🏦 Lending Institution: Newtek Bank, National Association
- 🏢 Industry Sector: Data Processing, Hosting, And Related Services
- 📈 Interest Rate: 11% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 12
- 🏢 Business Age: Existing or more than 2 years old
Is Your Business Eligible for Similar Funding?
Thousands of businesses leave capital on the table every year. You might qualify for up to $5,000,000 in SBA-backed funding with competitive rates.