SBA Business Loans

How to Grow your Business

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Ready to begin or expand your business? As a preferred SBA lender, Valley First is here to support your business plan with loans guaranteed by the Small Business Administration.

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7(a) Loan Program 504 Loan Program
Business Use Business Use
            

Short-and long-term working capital

            

Refinance current business debt

            

Purchase furniture, fixtures, and supplies

            

Starting, expanding, or acquiring a business

            		             

Purchase, construction, or improvement of:

            

New or existing facilities

            

Long-term machinery and equipment

            

Existing building, land, parking lots and more

            

 

SBA 7(a) business loan highlights

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Flexible loan amounts with a maximum loan of $5,000,000. Loan terms available based on purpose of the loan with a general range of 7 to 25 years.

Eligibility

  • Operate as a for-profit
  • Meet SBA's definition of a small business
  • Able to demonstrate need for loan
  • Have reasonable invested equity
  • Use alternative financial resources, including personal assets, before seeking financial assistance
  • May not already be delinquent in other government debt
  • Other terms, conditions and eligibility may apply

How to apply

To apply, email application to sba@valleyfirstcu.org.

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Please provide your name and email address and we’ll direct you right over to the checklist and application.

504 business loan highlights

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504 loans provide long-term, fixed rate financing to purchase or renovate commercial real estate or equipment to grow and expand your business and create jobs.

Eligibility

  • Operate as a for-profit
  • Business net worth below $15 million
  • Average net income of less than $5 million after federal income taxes for two years prior to application
  • Other general eligibility standards apply

How to apply

To apply, email application to sba@valleyfirstcu.org.