Small Business Administration Loans - Learn More

Because First Federal is in the 'small business' business, make us your FIRST stop for your SBA Loan. Using SBA's guaranty, we can structure loans to meet your specific business needs, such as:

Financing...

Loan proceeds may be used for business start-ups, purchasing new franchises, machinery, equipment, inventory, working capital, or for purchasing or building owner-occupied commercial real estate. Loan maturities are flexible and vary depending on how the funds are used.

Refinancing...

Refinancing can give your business the means to finance growth, to diversify, or to restructure. First Fed's SBA loans can be structured with longer terms than are available from other sources. These terms can reduce monthly payments or enable you to free up cash for other business needs.

Expansion...

SBA loans can provide long-term capital to finance growth and development. Whatever that entails — additional equipment, larger facilities, expanded inventory — we have the resources and expertise to help.

Choose the SBA loan that fits your needs:

SBA 7(a) Loan Features:

SBA 7(a) loans feature long-term financing for most business purposes, including the purchase of real estate, equipment, business acquisition, refinancing and working capital. Loans are made by First Fed and a portion is guaranteed by SBA.

SBA 504 Loan Features:

The "504" loan provides affordable long-term, fixed-rate financing to help healthy, expanding small businesses grow. The loans are for acquiring long-term fixed assets, such as land, buildings, machinery and equipment, or for building, modernizing, renovating or restoring facilities. The "504" loan features low fixed-interest rates, long terms, and low borrower equity.

Interested? Give us a call at 208-733-4222 or contact us.