Business: Business Loans
Business Term Loans These loans are made to businesses and/or business owners. If the business is a legal entity, major shareholders must become guarantors.
Purpose: Purchase of business; purchase of equipment; permanent working capital
Term: Max. 8 years.
Interest Rate: Variable based on Prime Rate
Collateral: Tangible and intangible business assets, Real Estate, and other rights of monetary value that the Bank may require if deemed necessary.
Business Lines of Credit These are revolving credit facilities for businesses and/or business owners. Borrowers can borrow and repay up to the designated line amount within the maturity under the terms and conditions set forth. If the business is a legal entity, major shareholders must become guarantors.
Purpose: Temporary, seasonal working capital; Carrying A/R and/or inventory; Future business expansion; Cash reserve for future uncertainties.
Term: One year renewable at maturity
Interest Rate: Variable based on Prime Rate.
Collateral: Secured or unsecured depending upon the strength of the borrower.
Small Business Express Loan Small Business Express Loan is designed to assist businesses with
quick cash, without delay. To meet the customers' urgency, we require
only a Commercial Credit Application and the last 12 months of the
business checking account monthly statements.
Purpose: Assist business with quick cash, without delay
Term:60-month installment or 12-month line of credit based on your need
Interest rate: Variable based on prime rate
Maximum Amount: $50,000
Real Estate Loans Santa Clara Valley Bank can assist your acquisition of real estate properties for the business purposes. We can customize structure your loan to meet your future cash flow pattern.
Purpose: Purchase of business real estate properties; Capital improvement of business real estate properties.
Term: Max. 10 year maturity. Max. 25 year amortization plan.
Interest Rate: Variable;Fixed Rates considered on a Case Basis
Collateral: 1st Deed of Trust on the Real Estate.
Construction Loans Santa Clara Valley Bank offers a flexible construction loan program, which will fit your construction schedule and construction budget. The Bank's strict disbursement control will assist the borrowers to follow the progress of the construction.
Purpose: Construction of commercial/business real estate properties; Capital improvement of business real estate properties.
Term: Max. 2 year plus 3 year Mini Perm.
Interest Rate: Variable Rate and/or Fixed Rate available
Collateral: 1st Deed of Trust on the Project Property. Land draw and reimbursement of soft cost possible.
For further information, please contact one of our lenders.
Santa Paula Fillmore
Cynthia Lavery (805) 525-1999 Don Downey (805) 524-3262
Mark Winegar (805) 525-5871
Valencia SBA Inquiries
Hugh Waddell (661) 255-9250 Charles Elliott (805) 525-5871
Sargon Tooma (661) 255-9250
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