This is our long-term, variable rate loan program which features a short, three-year prepayment penalty.  7a loans are the most basic and widely used type of SBA loan.  Its name comes from section 7a of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.

The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, primarily land and buildings.  This loan program has a 10-year pre-payment penalty, but the fixed rate is generally below market. A Certified Development Company (CDC) works with Bridge Bank and the SBA to provide SBA 504 financing to small businesses.  A CDC is a non-profit corporation set up to contribute to the economic development of its community.

We can provide you with detailed loan quotes for all of our loan programs in a portable document file (.pdf) that you can email. Ask us about our Rent vs. Buy Analysis worksheet that details the advantages of buying a new building rather then renting. 

This refers to the interior space of the building, not the unimproved land. With this data, we can provide you with information about the purchase price and the monthly occupancy cost on a per square foot basis.

If you do not have a specific property in mind, try inserting different purchase prices to get an idea of what your company can afford. Even if you aren’t considering a purchase right now, you can receive detailed information regarding loan terms and monthly costs for a purchase of up to $6,000,000.  If your project size is larger than that amount, contact us for customized loan structures and quotes.