Plan para hacer un negocio

First Bank offers the best alternative commercial finance the guarantee of the Federal Small Business Administration [Small Business Administration (SBA)]
Loans to short-and long-term revolvingcredit lines for any of the following purposes:
• Expanding or acquiring a business
• Purchase machinery and equipment
• Purchase Stock
• Make improvements or purchase of commercial property• Refinance debt
• Operational Capital
Benefits:
• Swift – First Bank is authorized to provide SBA loans under the SBA Preferred Lender program which speeds up the approval process byallowing us to make a decision following the guidelines for approval of SBA. We also have a unit specializing in the management of these loans, providing greater efficiency and speed for the approval anddisbursement.
• Minimum contribution - will be required at least a 10% contribution to the project.
• Broad terms - up to 25 years for the purchase or construction of commercial building. 2
•Competitive interest rate - the interest is lower than the loan without the SBA guarantee.
• Collateral - An evaluation of the collateral of the applicant at the time of the transaction. 3
•Moratorium Home - Up to 12 months to pay interest only. 4
• No prepayment penalties - minors in term loans to 15 years.
• Management support - We offer management training programs through the SmallBusiness & Technology Development Center (SBTDC's) and Women's Business Institute.
• Convenience - You may apply at any of our branches.
• Loan Programs:
• Basic Program Loan Guarantee 7 (a) /Preferred Lender Program
The Loan Guaranty Program 7 (a) is the main program of the SBA loan. It is also more flexible because, under it, the agency can secure funding for a variety of generalcorporate purposes.
• SBA Express
The SBA Express program is designed to facilitate and expedite the disbursement process for all purposes eligible for loans and credit lines to $ 350,000 with a...