SBA & USDA LOANS

The U.S. Small Business Administration and the U.S. Department of Agriculture both offer specialized loans to qualified small businesses.

SBA 7A & 504 LOANS

The U.S. Small Business Administration helps small business owners get funding through SBA loans. With their multiple SBA funding programs, this government agency provides SBA loan guarantees of up to 85% of the loan amount provided through an SBA-approved lender.

The main SBA loan programs let you borrow money for nearly any business purpose—including working capital, purchasing inventory or equipment, refinancing other debts, or buying real estate—through these SBA-guaranteed loans.

SBA 7A 6%+ Term 7-10 YR. & 25 yr. on CRE:

Working capital
Revolving funds based on the value of existing inventory and receivables
The purchase of equipment, machinery, furniture, fixtures, supplies, or materials
The purchase of real estate, including land and buildings
The construction a new building or renovation an existing building
Establishing a new business or assisting in the acquisition, operation or expansion of an existing business
Refinancing existing business debt, under certain conditions

SBA 504 3.5%+ UP TO 25 YR. TERM:

Existing buildings or land
New facilities
Long-term machinery and equipment

As of 2021, you can now refinance an SBA 7A Loan with an SBA 504 Loan for longer terms and lower rates, or for the improvement or modernization of:

Land, streets, utilities, parking lots and landscaping
Existing facilities

USDA LOANS

USDA Business Loans help to create jobs and stimulate rural economies by providing financial backing for rural businesses and properties. These loans help build businesses, grow communities and strengthen economies.

RURAL BUSINESSES THAT QUALIFY:

For-profit businesses
Nonprofits
Cooperatives
Federally-Recognized Tribes
Public Bodies
Individuals

LOANS AVAILABLE $1MM TO $25MM

USDA B&I Loans require our borrowers to need between $1 million and $25 million dollars. These businesses must be located in areas with a population of 50,000 or less.

RECENT FUNDINGS

Acquisition

Santa Monica: Technology Cloud-based Software Reporting Company, $11mm Acquisition of Norwegian Software Company

Loan Type: SBA US Foreign Trade

Loan Amount: $5mm

Loan Term: 6% 10yr. term

Land Development and Construction

Private Lender Bridge Loan: Boutique Winery, Inn, Pool/Amenities, Welcome Center & 56 lots

Loan Type: Bridge Loan

Loan Amount: $17mm