A Small Business Administration loan is a business loan made by banks with up to 75% of the loan guaranteed by the U.S. Government.

• Preferred SBA Lender, the highest designation awarded by the SBA.
• Experienced, responsive SBA team that will personally handle the request from start to finish.
• Local underwriting, closing and funding which means quicker turnaround.
• Flexibility – we make it happen.

• Longer repayment terms available with no balloon payments – up to 25-year note and amortization on real estate.
• Less money down – as little as 10% down.
• Lower debt service coverage requirements – startups and young companies are eligible.
• No prepayment penalties on loans less than 15 years.
• Less restrictive collateral parameters – we are “cash flow” lenders.
• Less financial reporting requirements.
• Less restrictive loan agreement covenants.
• Competitive interest rates.

• Purchase, construction or expansion of owner-occupied real estate.
• Purchase of machinery, equipment, furniture, fixtures and leasehold improvements.
• Business acquisition or partner buy-outs.
• Debt refinancing.

• Owner-operated, owner-managed businesses.
• Debt service coverage of at least 1.25x.
• Management and/or industry experience.
• Good personal credit.
• Loan size of $100,000 to $3 million.
• Minimum cash injection of 10% on real estate purchases and/or 20% on startups or business acquisitions.
• Must be a “for profit” business.

• Need longer amortization to afford note payments (up to 25-year note and amortization).
• Cannot afford higher down payment requirements (as little as 10% down).
• Special-use property.
• Startup or young business.
• Highly leveraged.
• Discouraged industry.
• Insufficient collateral coverage.
• Your request does not meet conventional borrowing base formulas.