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Our Government Lending specialists are committed to helping small businesses get the financing needed to expand and grow. City National Bank offers clients the personalized expertise and professional guidance to help your business take full advantage of SBA loan benefits.
As a Preferred lender, teaming up with City National gives you a strong independent bank as a trusted ally. Start expanding or building your business today by choosing one of the following loan programs:
- 504 Program
For purchasing an industrial or commercial building.
- 7(a) Program
For access to other resources for additional capital.
- SBAExpress Program
For access to other resources for additional capital, including lines of credit.
- Patriot Express Program
For veterans and active duty military and their spouses, for access to other ressources for additional capital, including lines of credit.
Small Business Jobs & Credit Bill Summary
- SBA Fee Reductions - - Expires 12/31/2010 or until $505 million in appropriations is obligated.
- Owner-occupied Commercial Real Estate Debt Refinancing - - temporary 2-year program through the 504 program
- SBA Express Increases from $350,000 to $1,000,000
- Maximum Loan Amounts (permanent increases):
- 7(a) loans set at $5 million gross and $3.75 million net (or guaranteed amount).
- 504 loans set at $5 million (except small manufacturer loans and energy loans are set at $5.5 million)
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Additional Government Loan Programs:
- State Guaranty Loan Program
- USDA Business and Industry Program
Getting Started
To learn more detail, call us at (800) 722-5945, contact us, or visit one of our local City National locations.
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