Small Business Guaranteed Loans of Fresno First Bank – Fresno, CA

Fresno First BankFresno First Bank is focused on meeting the needs of businesses, professionals and successful individuals in the Greater Fresno area.

SBA & GOVERNMENT GUARANTEED LOANS
At Fresno First Bank, the government guaranteed business loans and the conventional bank financing services are available as follows:
California Valley Small Business Development loans
United States Department of Agriculture “USDA” loans

  • SBA guaranteed loans
  • SBA 504 loans
  • Other government loan programs

For SBA Loan Services, the loans can assist you in

  • Owner/user real estate loans
  • Finance a business acquisition
  • Business expansion
  • Working capital
  • Fixed asset purchases

The local service is provided based on all loan products such as a variety of SBA and USDA loans including SBA 7(a) Loans program which offers loans of $5 million for the purposes of:

  • Business acquisition and expansion
  • Equipment
  • Commercial real estate
  • Working capital

The products cover the purchases as follows:
Purchase, construction, or renovation of owner-use commercial real estate, Purchase of equipment and inventory Available to provide working capital
Use to refinance existing business debt
Up to 100% financing on equipment purchases
Fully amortized loans up to 25 years
Up to 90% owner-user financing available for commercial real estate

As for SBA 504 Loans program, it offers up to $5 million dollars for commercial construction and real estate acquisition as follows:

  • SBA Express Loans and Lines of Credit
  • Owner-user must occupy 51% of existing building or 60% for new construction
  • Fully amortized loans up to 25 years
  • Low fixed rates available
  • As little as 10% cash down
  • Up to 90% project financing on multi-use properties

The SBA Express Loan Program is also provided to accelerate the process with lower interest rates available including USDA B&I (Business and Industry) Loans, streamline documentation and processing, and loans up to $350,000.

In the case of the B&I Guaranteed Loan Program, it helps you improve, develop, or finance your business and industry by offering loans up to $10 million and up to $40 million on rural cooperative organizations based on fixed and variable rate financing, owner and non-owner occupied properties , and terms up to 30 years fully amortized.

As for the Valley Small Business Guaranteed Loans, the access to capital for small businesses and family farms is made easy. Like an SBA or USDA guarantee, the Valley Small Business Development Corporation (VSBDC) offers up to $1 million with terms up to 7 years for qualifying loans.

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