SBA Loans

Personalized Service, Expedited Loan Processing

As a National Preferred Lender for SBA, NCB has the experience and reliability to identify and customize the best finance package to fit your business needs and streamline the process.

7(a) General Loan Program

Loan Amount: Up to $5,000,000
Term* loans up to 25 years
Financing for leasehold improvements, real estate purchases, business acquisitions, working capital or refinancing debt
Limited loan covenants
No balloon payments

_{*Blended term for loans with multiple uses, based on use of loan proceeds.}

504 Loan Program

Loan Amount: Up to $5,000,000
Term loans of 10 years with 25 year amortization
Financing for fixed assets including real estate, improvements, construction, renovation and long term equipment purchases
Low equity injections - usually 10% to 20% down payment
Permissible debt refinancing when involves business expansion

Equity Injection Range

New Operator
Start Up Leasehold 15-20%
Start Up Real Estate 10-20%
Current Operator
Expansion Leasehold 10%
Expansion Real Estate 10%

Minimum Criteria

Direct industry or related experience
FICO>680
No bankruptcy in the past 7 years
No unsatisfied judgments
Personal Guarantee, owners with >20% ownership
Must meet equity contribution guidelines

We Serve the Basic Ingredients of Sustainable Communities

Alaska & Native

Banking Solutions for Alaska Business and Native Corporations
Co-op Housing & HOA

Banking Solutions for Housing Communities and Property Management Companies
Credit Unions

Cooperative solutions for Credit Unions, Leagues and CUSOs
Energy

Providing innovative renewable energy financing programs
Food

Banking solutions for food co-ops and independent grocery retailers
Health Care

Banking solutions for Senior Living, Aging services and Health Care
Non-Profit

Banking solutions for non-profits and socially responsible organizations
Small Business

Banking solutions for independent retailers, purchasing co-ops and worker-owned co-ops.