Meeting long-term credit needs
Delivered by SBA-supported Certified Development Companies (CDCs), this program is designed for small businesses requiring commercial mortgage and large-asset financing. The Bancorp works closely with CDCs and the SBA to provide funding.
USE OF PROCEEDS:
- Purchase, construction or renovation of commercial real estate (CRE)
- Purchase of heavy equipment and machinery
- Program does not allow for working capital or trading asset financing.
LOAN DETAILS:
EXPLORE LOAN USES
EXPLORE LOAN USES
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