SBA Loan Services
Both new and rapidly growing businesses face extra ordinary challenges that require unique lending solutions. That is why Premier Valley Bank has long been committed to a strong relationship with the U.S. federal Small Business Administration (SBA).
The SBA has recognized our commitment by elevating us to their Preferred Lender Program, so we can best assist you with the financing of business acquisitions, business expansion, working capital, fixed asset purchases and owner/user real estate loans.
We provide local service, with local decisions, on the three flagship SBA Loan programs identified below.
SBA 7(a) Loans
This program provides loans up to $5 million for commercial real estate purchase, renovation or refinancing, and business acquisition and expansion.
- Up to 90% owner-user financing available for commercial real estate
- Fully amortized loans up to 25 years
- Up to 100% financing on equipment purchases
- Use to refinance existing business debt
- Available to provide working capital
- Purchase of equipment and inventory
- Purchase, construction, or renovation of owner-use commercial real estate
SBA 504 Loans
This program provides financing for projects up to $20,000,000 dollars for commercial construction and/or real estate acquisition.
- Up to 90% project financing on multi-use properties
- As little as 10% cash down
- Low fixed rates available
- Fully amortized loans up to 20 years
- Owner-user must occupy 51% of existing building or 60% for new construction
Patriot Express Loans
The Patriot Express Loan Program is designed to support and assist those in the military community wanting to establish or expand their small businesses.
- Veteran must be at least 51% owner in business
- Loans up to $500,000
- Streamlined documentation and processing