SBA Financing of Mechanics Bank – Kensington, CA

Mechanics BankAs an SBA Preferred Lender, Mechanics Bank can offer you all the conveniences and flexibilities through SBA loans which may help you obtain the priorities as follows:

  • Multiple interest rate options (adjustable or fixed)
  • No balloon payment
  • Lower monthly payment
  • Lower down payment
  • Longer maturities than most banks offer
  • A speedy credit approval

Mechanics Bank offers the following services and loan products:

SBA Express Loans from $10,000 to $250,000 without prepayment penalty for working capital, equipment purchases, and other business purposes, revolving credit line, with interest only and 2 year maturity or four year term;

7(a) Term Loans of from $50,000 to $2,000,000 financing up to 90% of real estate appraised value for up to 25 years for working capital, business or equipment acquisition, real estate purchase, construction or improvements, expansion financing or debt refinancing, financing up to 80% of business acquisition for up to 10 years, and 7-25 years fully amortized;

504 Term Loans of up to SBA loan $2,000,000 (up to $4,000,000 for small manufacturers) with 90% financing available for the purchase or construction of owner occupied commercial real estate.

About

Mechanics Bank was established in 1905 providing personal banking, business banking, trust and estate services, brokerage and wealth management services through thirty-three offices across Northern California. With the bank, you can be benefitted with the following facts:

  • SBA Preferred Lender status means expedited processing
  • Immediate attention to your needs
  • Customized and flexible credit structures
  • Local credit approval
  • Competitive pricing options
  • Skilled, experienced and knowledgeable Relationship Managers
  • A genuine commitment to quality service

Locations

  • 279 Arlington Avenue, Kensington, CA 94707, 510.527.2223
  • 1801 Solano Avenue, Berkeley, CA 94707, 510.559.2626
  • 9996 San Pablo Avenue, El Cerrito, CA 94530, 510.558.2300
  • 801 San Pablo Avenue, Albany, CA 94706, 510.558.2330
  • 2301 Shattuck Avenue, Berkeley, CA 94704, 510.647.0720
  • 755 Hearst Avenue, Berkeley, CA 94710, 510.647.1650
  • 4100 MacDonald Avenue, Richmond, CA 94805, 510.970.9830
  • 20 San Pablo Town Center, San Pablo, CA 94806, 510.970.9880
  • 3884 San Pablo Dam Rd., El Sobrante, CA 94803, 510.243.9622
  • 77 Moraga Way, Orinda, CA 94563, 925.253.2800
  • 3170 Hilltop Mall Rd., Richmond, CA 94806, 510.262.7235
  • 4 West Richmond Avenue, Point Richmond, CA 94801, 510.970.9850
  • 2690 Pinole Valley Rd., Pinole, CA 94564, 510.741.2000
  • Lake Merritt Plaza Building, 1999 Harrison Street Suite 100, Oakland, CA 94612, 510.251.6100
  • 3640 Mt. Diablo Blvd., Lafayette, CA 94549, 925.962.6900
  • 683 Parker Avenue, Rodeo, CA 94572, 510.245.4092
  • 1355 Moraga Way, Moraga, CA 94556, 925.631.7634
  • 343 Sansome Street, Suite 100, San Francisco, CA 94104, 415.249.0321
  • 1600 Palos Verdes Mall, Walnut Creek, CA 94597, 925.974.1972
  • 1350 North Main St., Walnut Creek, CA 94596, 925.210.8170
  • Suite 385, 1111 Civic Drive, Walnut Creek, CA 94596, 925.256.3000
  • 1170 Concord Avenue Suite 160, Concord, CA 94520, 925.603.9000
  • 904 Fourth Street, San Rafael, CA 94901, 415.460.6060
  • 345 Railroad Avenue, Danville, CA 94526, 925.743.7900

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