Small Business Loans
Small Business Loans:
An SBA 7 (a) loan gives small to medium-sized businesses, established
entrepreneurs, and professionals access to non-traditional sources of
capital. The difference between this type of financing and conventional
financing is the government guarantee - which can be up to 85 percent
of the loan amount!
You can access credit up to $5,000,000.
Terms and Rates:
range from 7 to 25 years, depending on the use of proceeds.
are variable and usually do not exceed 2.75% above Wall Street Journal
Prime Rate(WSJP) and adjusted quarterly.
SBA loan can be used for any recognized business purpose, including but
not necessarily limited to the following:
buy an existing business
refinance existing business debt
purchase real estate for business purposes
make leasehold improvements to commercial properties
How to Apply
It's easy! When applying for an SBA loan, simply to call SBA Department
at (626) 802-6225 or email to firstname.lastname@example.org*.
At TomatoBank, N.A. we provide a simplified package for the process. We
will work with your accountant, and do all of the analysis, packaging,
and SBA interfacing for you.
*This email communications are not encrypted.
Please do not send any sensitive information (passwords, account
numbers, etc) in this email.