From a short-term loan to free up cash flow to long-term financing to grow your business, having access to the proper type of capital can be invaluable to small business owners. Curious why you might choose an SBA loan over a conventional loan? Here are just a few advantages:
And as an SBA Preferred Lender, Commerce will handle the entire loan process, removing the back-and- forth interaction between you and the SBA. This means faster access to your money. Naturally, we recommend connecting with one of our experienced lenders to see which option is right for you, but here are a few details of our programs.
Designed for fixed-asset acquisitions, such as real estate or equipment
Long-term, favorable fixed-rate financing
Low down payments, allowing you to retain liquidity to fuel growth
Business acquisition and expansion
Equipment and commercial real estate purchases
Financing up to $5 million
Less complex term loans and revolving lines of credit
Quick turnaround and less documentation
Designed for businesses with current and potential export transactions
Provides working capital to support foreign accounts receivable during long payment cycles from purchase order to collections
Financing up to $5 million with a low guaranty fee and quick processing time
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