SBA loans can be the perfect financing solution if yours is a small and growing business! Qualifying requirements are often more flexible than those for conventional bank financing. With an SBA loan, you can take advantage of longer repayment terms and higher borrowing limits than are typically available with conventional bank loans.

Bank of San Francisco’s status as an SBA Preferred Lender enables us to review and approve your loan request on behalf of the SBA. This simplifies and speeds the process for you.

• Construct a commercial building for your business.
• Purchase a building from which your business will operate.
• Renovate/make improvements to a building owned by you or your business and used by your business.
• Purchase fixed assets such as heavy machinery or specialized equipment.
• Finance day-to-day working capital needs.
• Finance the acquisition of a business.

We are proud to offer the following specific SBA programs to help business owners with their financing needs:

Loans under this program provide funds for a wide variety of business purposes. Proceeds can be used to finance equipment purchases, working capital needs, business acquisitions and purchases of real estate to be used by your business. Parameters include:

• Loans and credit lines up to $2,000,000.
• Loans up to 90% of collateral value.
• Rates fixed for up to 7 years. Variable rate options also available.
• Repayment terms up to 7 years for working capital loans, up to 10 years for equipment loans and up to 25 years for real estate loans.

Loans under the 504 program can be used to purchase equipment and/or real estate used by your business. The loans include a bank portion secured by a 1st lien position and an SBA portion secured by a 2nd position. This program is typically used for projects costing in excess of $500,000. Parameters include:

• Loans up to $10 million for manufacturers and up to $4 million for other industries.
• Loans up to 90% of collateral value.
• Below-market rates fixed for the life of the loan on the SBA portion. Rates fixed for up to 7 years on bank portion.
• Repayment terms of 10 years for equipment loans and 20 years for real estate loans.

The Express Program is a streamlined method for small businesses to access lines of credit to finance their working capital needs. The program has reduced paperwork requirements and a quick approval process. By using our own bank documentation instead of the SBA’s, we can provide a more efficient closing process. Parameters include:

• Credit lines up to $350,000.
• Up to two year revolving period available, followed by a term-out.

We look forward to working with you and helping you choose the SBA program that is best for your unique situation.

Please contact us to discuss your particular financing needs.