SBA Loans

NCB's SBA loan program is designed to help independent businesses grow and succeed.  NCB offers highly personalized service and expedited processing given our Preferred Lender Status.  An SBA loan can help in financing business acquisitions, commercial real estate, construction and renovation, furniture, fixtures, machinery and equipment.

Benefits of SBA Financing: 

  • Longer loan terms - up to 25 years
  • Lower down payments
  • No prepayment penalties for terms less than 15 years

7(a) General Loan Program: 

  • Financing for leasehold improvements, real estate purchases and business acquisitions
  • Limited loan covenants
  • No balloon payments
  • Terms up to 25 years
  • Loans starting from $250,000
  • All standard SBA guarantee loan fees charged to a Borrower have been waived on a temporary basis per ARRA

504 Program: 

  • Term loans of 10 years or 20 years
  • Financing for fixed assets including real estate, improvements, construction, renovation and long term equipment purchases
  • Low fixed-rate financing
  • Low equity injections - usually 10% to 20% down payment
  • Loans starting from $500,000
  • Permissable debt refinancing when involves business expansion

For more information, please contact a SBA specialist at (703) 302-1945.