SBA Funding Profile: Torque Automotive Llc
Torque Automotive Llc, operating within the General Automotive Repair sector in Raleigh, NC, 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: $4,350,000
- 🏦 Lending Institution: The Fidelity Bank
- 🏢 Industry Sector: General Automotive Repair
- 📈 Interest Rate: 7.45% (Fixed)
- ⏳ Term Length: 312 months
- 👥 Jobs Supported: 8
- 🏢 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.