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SBA Loans

Call Jarod Ashton at 559-375-7415 to apply for an SBA Loan.

Small Business Administration (SBA) Loans are government-backed loans and can be the lending resource you need to grow your small business.  At Security First Bank we are an SBA Preferred Lender, which means we can speed up the approval process for your loan application.

The Small Business Administration has greatly improved their loan offerings and terms, and can help your business in a variety of ways including:

  • Working Capital
  • Commercial Debt Refinancing
  • Business Acquisition or Expansion
  • Equipment or Inventory Financing

Types of SBA Loans available:

SBA 7(a) - Loan amounts up to $5,000,000. Excellent for working lines of credit and to finance short and long-term assets.  No balloons or calls. 

SBA Express - Loan amounts up to $350,000.  Typical loan is 3 to 5 years.  Good source for working capital. Lower interest rates are typically available and the SBA responses to applications within 36 hours.

SBA Patriot Express - Loan initiative for veterans and the military community.  This program features the lowest interest rates and can be used for: start up costs, equipment purchases, inventory, working capital, expansion, business-related real estate purchases and more. 

SBA International Trade Loan Progam - available for businesses that plan to start or continue to export, or have been adversely affected by competition from imports. Funds may be used for long-term fixed assets such as:

  • Acquisition
  • Construction
  • Renovation
  • Modernization
  • Improvement
  • Expansion

SBA Export Express Program - Loan amounts up to $500,000. Designed for small business exporters for the purpose of developing or expanding export activity including term loans, lines of credit, and financing of equipment or exports.

 

Security First Bank. Member FDIC. Equal Housing Lender

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term "non-interest bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

Click Here for more information.

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