SBA Loans

For many customers, the Small Business Administration, (SBA) offers an alternative to conventional bank financing. As an SBA approved lender, we offer the following three SBA Loan programs:

• 504 Development Company Loans
  This loan program is tailored to finance fixed assets (real estate and equipment) for expansion and start up operations. Under this program, our customers can secure up to 90% financing, with a maximum amortization of 20 years.
• 7A Regular Business Loans
  This loan program was created for small businesses to finance fixed assets, working capital, start-ups or refinancing. This loan amortizes working capital from 5-7 years, equipment up to 10 years, and real estate up to 25 years. One attractive feature of this loan program is the ability to combine several loan purposes into one facility with one simple payment. Under this program, the SBA typically requires that a new business owner inject at least 35% to 50% of the total assets needed to launch a new business.

Click here to see a list of our branch locations or call us at 800-624-9699 and we will introduce you to your local Business Banking Representative.