Small Business Loans (SBA)

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CLICK HERE TO REGISTER FOR THE FREE SBA SEMINAR "GROW YOUR BUSINESS IN 2015" ON OCTOBER 21, 2014


We believe you deserve the same privileges as any other business, regardless of your size. SBA loans provide small businesses that might otherwise have difficulty securing a loan with financing to meet their specific needs. And they're federally-backed by the U.S. government.


Belgrade makes the SBA loan process as simple as possible by partnering with Holtmeyer & Monson, an expert in SBA policy. They are the only SBA lender service provider to earn the "stamp of approval" from the Independent Community Bankers of America. Together, we'll work diligently to get your loan approved. And you'll receive our personal, one-on-one attention from start to finish.

Summary

CLICK HERE for a full comparison chart of SBA Loan Guaranty Programs


CLICK HERE to access the Borrower Data Sheet and Guaranteed Loan Checklist.

We use these documents on every transaction we complete.They are interactive, so a borrower can enter information into the forms, and e-mail it to your loan officer.


  • Available to small and growing businesses
  • Help for businesses that might otherwise have difficulty getting approved
  • Special financing for qualifying businesses
  • Guaranteed by the federal government
  • Generally lower down payments and extended terms
  • Competitive rates for a wide range of business needs
  • Flexible terms, customized to your unique situation
  • Local decision-making and processing
  • Professional, helpful staff
  • Personalized service every step of the way
Questions?
 SBA 7(a)SBA 504SBAExpressSBA Patriot Express
Loan TypeTerm NoteTerm NoteTerm Note or Line of CreditTerm Note or Line of Credit
Best Used ForPurchase land or buildings, expand/renovate/construct buildlings, purchase equipment, fixtures, lease hold improvements, inventory, working capital, and refinance of loans used initially for any of the above.Purchase long term fixed asset such as commercial real estate or large piece of equipment. Purchase land or buildings, expand/renovate/construct buildlings, purchase equipment, fixtures, lease hold improvements, inventory, working capital, and refinance of loans used initially for any of the above.Purchase land or buildings, expand/renovate/construct buildlings, purchase equipment, fixtures, lease hold improvements, inventory, working capital, and refinance of loans used initially for any of the above. Business must be 51% owned by veteran or spouse of veteran.
Maturity5-10 years for working capital and equipment, 25 years for real estate.10 or 20 year term.7 years for lines of credit, 5-10 years for working capital and equipment, 25 years for real estate.7 years for lines of credit, 5-10 years for working capital and equipment, 25 years for real estate.No
Maximum Loan Amount$5 millionSBA loan $5.5 million, no project maximum$350,000$500,000
Interest Rate OptionsVariable or FixedFixedVariable or FixedVariable or Fixed
Collatoral RequirementsNo minimum collateral requirements, commercial real estate must be a minimum of 51% owner occupied.90% of project value related to property purchased, commercial real estate must be a minimum of 51% owner occupied. No minimum collateral requirements, commercial real estate must be a minimum of 51% owner occupied.No minimum collateral requirements, commercial real estate must be a minimum of 51% owner occupied.