WestCap Holdings, LLC
WestCap Holdings, LLC is located in Odessa, TX, and the SBA lists its industry as Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance. It was approved for an SBA 7(a) loan of $2,565,000 for a change of ownership on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
- Gross approval
- $2,565,000
- SBA-guaranteed amount
- $1,923,750 (75% of the approval)
- Lender
- Readycap Lending, LLC, Berkeley Heights, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $33,190 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- Project location
- Ector County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 83% of acquisition loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
- Average acquisition loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,576,060.
- Average acquisition loan in Texas: $1,944,682.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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