Small Business Lending

First National understands the importance of supporting small business development to sustain the economic diversity and stability of a community. By working with various loan guarantee programs such as the US Small Business Administration, we can create a personalized financial business plan to help you succeed.

  • Government guaranteed loan programs
  • Help with business growth and expansion
  • Financing for investment properties

Our quick turn-around and hands-on guidance will get you where you need to be.

Small Business Loan Programs

Loans made under government guarantee lending programs generally offer longer repayment terms and lower rates than other conventional loans. Loan advances up to 90% loan to value and the loan proceeds may be used for the purchase, improvement, refinance and construction of commercial real estate. First National Santa Fe offers the following government guaranteed loan programs:

  • SBA 7(a) Loan Program ( maximum loan $5,000,000)
  • SBA 504 Loan Program ( maximum loan $12,000,000)
  • USDA Business and Industry Loan Program (maximum loan $15,000,000)

Project Financing

First National Santa Fe will consider financing solid owner-user and investment projects to small business customers. While not limited to the two categories below, we are specialists in these areas:

Multi - Family Financing

  • Loans from $400,000 to $15,000,000
  • Fannie Mae and HUD financing available
  • Terms to 30 years, 35 years on HUD loans
  • Maximum LTV is 80%
  • Refinancing with cash out available

 

Single Tenant Financing

  • Loans from $1,000.000 to $15,000,000
  • Terms to 30 years
  • Low long term rates
  • Available to credit tenants only
  • RLoan to value up to 85%

 

Contact one of our SBA professionals today to get started on a solution that's right for you.