For the SBA 504 Rates: Includes fees to CDC, SBA and central servicing agent; based on pricing published by NADCO 1-6-2022. The SBA 504 rates listed above are effective from January 6 - February 9, 2022.
Answers to small business owner's top questions
Our general business loan rates range from as low as 5% to 9.25%
Your rate will depend on which of our loan products best match your needs
Compared to the marketplace, all our rates and terms are considered fair and competitive.
Collateral not needed for approval
Located in California, Arizona, Nevada, Detroit, MI or Washington, D.C. Metro
Able to provide a downpayment: 20% for start-ups, 10% for business acquisitions
Ability to show sufficient cash flow to make payments
Flexibility to waive some requirements for businesses in low-moderate income communities, start-up businesses and veteran owned
You can be pre-qualified anywhere between 24-72 hours.
For our general business loans the process can take from 4-6 weeks. Loan approval can take 2-4 weeks after the receipt of any requested documents.
Tip: Get funded quicker by submitting required documents as timely as possible.
You can borrow between $20,000- $250,000.
Yes. If you are a start-up there will be a 20% downpayment and management or industry experience is preferred.
Yes, you will work with a real person and have your emails and phone calls returned promptly. We pride ourselves on being your partner through the loan process and beyond. Your loan officer is always available to answer questions, explain the process and help ensure you get a loan that you are comfortable with and that best supports your business goals.
We know that working with someone who understands your industry will help you get the right financing for your needs. All of our loan officers are experts and help entrepreneurs in every industry from restaurants to automotive to salons to medical and much more. Here are a few industries we would like to highlight that have dedicated experts.
Home Health Care Loan
Work with a Home Health Care loan specialist who understands the needs of your industry.