|
|
|
 |
| SBA AND COMMERCIAL REAL ESTATE PROGRAMS
|
|
Community West Bank has actively been meeting the financing needs of small
businesses since its inception in 1989. Our SBA Lending Division is staffed
with a team of dedicated and experienced professionals, giving us the ability
to help you select the best loan product for your business and real estate
needs. By offering a variety of loan programs, we have the ability to tailor a
loan specific to the needs of your business.
Community West Bank is designated by the U. S. Small Business Administration as
a "Preferred Lender" in many of the regions in which we lend. This designation
allows us to expedite the processing of your SBA loan application with in-house
approvals and rapid loan closings.
Programs offered include:
Download SBA Loan Application
|
SBA 7(a) Loan
Program
SBA 7(a) loans can be used for nearly any legitimate long term business
borrowing need. Examples of typical loan uses include the purchase,
construction or improvement of owner-user commercial real estate, business
acquisition, business expansion, equipment purchase, debt refinance, working
capital, and business start up.
Some highlights of the SBA 7(a) Loan Program include:
-
Financing options unavailable under conventional terms
-
Long-term financing (up to 25 years)
-
Fully amortized loans with no balloon payments
-
Low down payment to conserve working capital
-
Loan amounts up to $2,000,000
-
Quick approvals and closings as a designated "Preferred Lender"
|
^ top
|
 |
|
SBA 504 Loan
Program
When it’s time to make that large fixed asset purchase for your growing
business, the SBA 504 Loan Program may be just what you need. SBA 504 loans are
designed specifically to finance fixed assets purchases such as a new building
or a large piece of equipment. This loan program works as a partnership between
Community West Bank and an approved SBA lending partner licensed by the Small
Business Administration to provide a highly leveraged, competitively priced
loan option to your small business.
Some highlights of the SBA 504 Loan Program include:
-
Down payment as low as 10% preserving vital working capital
-
Low fixed and variable rates available
-
Long-term, fully amortized loans with no balloon payments
-
Project amounts up to $10,000,000
-
Real estate must be 51% owner occupied for existing buildings and 60% owner
occupied for proposed construction
|
^ top
|
|
|
|
Conventional Real Estate
Loan Program
Our conventional real estate financing options are available for owner user and
investor properties. By considering our Conventional Real Estate Loan Program,
you can obtain the long term financing for your commercial real estate loan
needs while at the same time enjoying many of the benefits associated with the
SBA lending alternatives.
Some highlights of our Conventional Real Estate Loan Program include:
-
Owner occupied and investor financing available
-
Down payment as low as 15%
-
Low fixed and variable rates available
-
Long-term, fully amortized loans with no balloon payments
-
Loan amounts up to $15,000,000
-
Stated income program available
|
|
^ top
|
|
USDA B&I Loan Program
Complimenting our SBA loan offerings, Community West Bank also offers Business
and Industry Guaranteed Loans. This program is designed specifically to assist
the borrowing needs of businesses located in rural areas, (outside a city with
a population of more than 50,000 people and its urbanized periphery). The goal
of the program is to encourage commercial financing to rural businesses.
Some highlights of the B & I Loan Program include:
-
Loan amounts up to $5,000,000
-
Down payment as low as 10%
-
Long term, fully amortized loans with no balloon payments
-
No minimum owner occupancy requirement
|
|
^ top
|
|
|
|
| ^ top |
|
|