SBA, B & I, and FSA Lending

Santa Cruz County Bank offers US Small Business Administration (SBA) lending programs to assist small businesses. From approval to funding, all processing is performed by experienced lenders in-house. This efficient lending process and knowledge of SBA lending will save you time so you can concentrate on running your business. We work directly with you to understand your business needs before recommending a loan program to suit your individual business situation.

SBA Loans

7 (a) program

This is the most flexible business loan program, since financing under this program can be guaranteed for a variety of general business purposes. Loan proceeds can be used for most sound business purposes including:

Working capital
Machinery and equipment
Furniture and fixtures
Land and building, including purchase, renovation and new construction
Leasehold improvements
Debt refinancing (under special conditions)
Business purchase financing
Loan maturity is up to 10 years for business purposes.
Up to 25 year terms for real estate financing.

504 Loan Program

Provides long-term, fixed-rate financing to small businesses to acquire real estate or machinery or equipment for expansion or modernization.

Business and Industry (B & I) Loans

Loans available to businesses located in rural areas

In-house approvals within 5 to 10 business days

Flexible loan amounts, up to $10,000,000

Fully amortized loans

Up to 25 year terms

Farm Services Agency (FSA) Loans

Loans available to purchase farmland

Construction or repair of buildings and other fixtures

Farmland development to promote soil and water conservation

Debt refinancing

Flexible loan amounts, up to $1,112,000 (amount adjusted annually based on inflation)

Fully amortized loans

Up to 25 year maximum terms

For an appointment or to discuss whether an SBA loan, Business and Industry loan or Farm Services Agency loan is right for your business, please contact:

Susan Chandler SVP, SBA Department Manager 831.457.5003 ext 2151	Daljit Bains VP, SBA/B&I Business Development Officer 916.300.7792

Jorge Reguerin VP, SBA, B&I, & FSA Business Development Officer 831.457.5003 ext 2243

Or complete the contact form below:

Business Lending Quick Links:

SBA Department Awards
for Excellence in 2009

Santa Cruz County Bank was recognized by the USDA Rural Development for Lender Excellence in 2009. Santa Cruz County Bank ranked 3rd in California and 13th in the Nation for B&I Guaranteed Loan volume through USDA Rural Development. Susan Chandler, Santa Cruz County Bank's SBA Department Manager received the Exceptional Leadership Award for 2009 from USDA Rural Development. Daljit Bains, Vice President, SBA Loan Officer received the Outstanding Loan Officer Award for the USDA's Business & Industry Guaranteed Loan Program.

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