SBA Loans

SBA 504 LOANS

OVERVIEW

Purpose:

R/E purchase/construction, purchase long-term machinery or equipment

Loan Amounts:

Up to $10,000,000

Collateral:

Commercial R/E, equipment, machinery

Term:

Varies, up to 25 years

Rate:

Fixed or variable rate

Eligibility:

Owner-operated and for-profit
No c-stores, gas stations, or hospitality

LTV:

Varies, up to 90%

 

Type of Commercial Real Estate properties considered         

  • 1-4 Family Investment / Non-Owner Occupied (NOO)^
  • Multifamily (Apartment Building)
  • Office Building 
  • Mixed-Use
  • Retail
  • Strip Center
  • Free Standing Commercial 
  • Warehouse
  • Light Industrial ** 
  • Self-Storage **
  • Improved Land
  • Other property types will be considered on a case-by-case basis 

SBA 7(a) Loans

SBA 7(a) Loans

OVERVIEW

Take advantage of our many loan opportunities to and expand your small business.

Purpose:

Working capital, refinance, business acquisition, R/E purchase/construction, purchase equipment or inventory

Loan Amounts:

$350,001 to $5,000,000

Collateral:

Commercial R/E, inventory, FF&E (furniture, fixtures, and equipment)

Term:

Varies, up to 25 years

Rate:

Fixed or variable rate

Eligibility:

Owner-operated and for-profit

LTV:

Varies, up to 90%

 

GET PRE-QUALIFIED! APPLY ONLINE 24/7. QUICK, EASY & SECURE, APPLY NOW!

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Commercial Constructions

COMMERCIAL CONSTRUCTION LOANS

OVERVIEW

Purpose:

Ground up construction, Tenant Improvements, Purchase & Renovations, Purchase & install equipment

Loan Types:

SBA 7(a), SBA 504, USDA B&I, Conventional

Loan Amounts:

Up to $5,000,000

Collateral:

Commercial Real Estate, FF&E (fixtures, furniture, and equipment)

Term:

Up to 25 years

Rate:

Fixed or variable rate

Eligibility:

Must occupy 60% of new building for SBA financing

LTV:

Varies, up to 90%

Draws:

48 hour turn times in most cases

 

Construction High Rise

GET PRE-QUALIFIED! APPLY ONLINE 24/7. QUICK, EASY & SECURE, APPLY NOW!

Apply Now