SBA 7(a) Loans: 

Often used for working capital, equipment and real estate. Interest rates are set based on the prime rate, which may be fixed or variable. 

As an SBA 7(a) Express Lender, we offer expedited small businesses loan processing by allowing our lenders to approve SBA 7(s) loans under $150,000 at our desk. This provides quicker access to capital for various business needs, including working capital, equipment purchases, and real estate acquisition.

SBA 504 loans:

Typically fixed-rate, long-term loans used to purchase real estate or major fixed assets; they cannot be used for working capital or for rental real estate. 

Our lenders are dedicated to evaluating your situation to find solutions that support your business goals, which is why we use any and all programs available to us, including the following:

Non-Traditional Commercial Loans:

• Federal Home Loan Bank Banking on Business Program (FHLB BOB):

Through our bank, the FHLB BOB program helps business owners access affordable financing tailored to their needs. By offering low-cost loans, the program provides opportunities for businesses that may not qualify for traditional financing to secure the capital they need. This support enables business owners to invest in growth, create jobs, and contribute to the economic development of their local communities. 

• New York State Linked Deposit Program (LDP):

The LDP helps small businesses access lower-cost capital by providing reduced-interest loans. This allows us to offer interest rate reductions on loans to eligible businesses located in New York.