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SBA 7(a) LOAN PROGRAM

We specialize in providing long term permanent financing and short term lines of credit to small businesses. Our loans are made throughthe Small Business Administration (SBA) guaranty program.

Eligible Businesses and Property Types

  • Office Buildings
  • Warehouses
  • Industrial Buildings
  • Manufacturing
  • Single-purpose Buildings
  • Franchises
  • Automotive Repair
  • Machine Shops
  • Professional Buildings
  • Restaurants
  • Gas Stations
  • Bed and Breakfasts
  • Hotels and Motels


Eligibility based on SBA size standards. Visit www.sba.gov for more information.

Use of Proceeds
  • Real estate acquisition and construction – up to 90% financing available
  • Business Acquisition/Expansion – up to 80% financing available
  • Equipment Acquisition – up to 80% financing available
  • Debt Refinance – up to 100% financing available
Terms
  • Up to 25 years for real estate financing
  • Up to 10 years for equipment or business acquisition financing
  • Up to 7 years for permanent working capital
  • All loans are fully amortized
  • Lines under the SBA Express program are up to 1 year with an option for renewal
Interest Rates and Fees
  • Interest rates and associated fees are always market competitive
Loan Amounts
  • Loan amounts range from $100,000 to $5,000,000
Line Amounts
  • Line amounts range from $50,000 to $350,000

At Founders Community Bank, were here to assist in any way we can with the S.B.A. application process. Please feel free to contact Kelli Blue Assistant Vice President/Branch Manager at kblue@fcbslo.com   or (805)547-2561 directly with any question you may have.

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