First Federal is a proud provider of Small Business Administration (SBA) loans. As an SBA provider, we have loan alternatives available for qualified businesses who might not otherwise qualify for conventional loans. Contact a Business Banking Officer today to explore your options and see what’s best for your business.
SBA 504 Loans
An SBA 504 Loan provides financing for real-estate purchases, completed construction, or machinery and equipment purchases. The 504 program features low, fixed interest rates and lower borrower equity requirements.
Small Business Administration (SBA) 7 (a) Loans
The SBA 7(a) Loan provides financing for most business purposes, including the purchase of real estate, equipment, business acquisition, refinancing, and working capital. Loans are made by First Federal, and a portion is guaranteed by SBA.
For more information about SBA loans, check out SBA.gov.
All credit products are subject to approval.