SBA Lending

As an SBA Preferred Lender, BNC Bank is ready to help your business grow with Small Business Administration (SBA) loans. Whether you are starting your own business, purchasing equipment, building, renovating or purchasing commercial real estate, we are ready to assist you with the financing your business needs to succeed.

48-HOUR TURNAROUND ON PRE-QUALIFICATIONS**
BNC Bank can provide a proposal within two business days. Contact our SBA Team to discuss your growing business.

Meet Our SBA Team

	SBA (7a) LOAN	SBA 504 LOAN
Loan Size	Up to $5,000,000	$125,000 to $10,000,000 +
Loan Structure	80% – 90% Bank Loan 10% – 20% Down Payment	50% Bank Loan 30% – 40% CDC Loan 10% – 20% Down Payment
SBA Guarantee	Loans with maturities greater than 12 months; up to 75% guarantee Loans with maturities less than 12 months; up to 75% guarantee	0% Bank Loan 100% CDC Loan
Interest Rates	Fixed Variable, or Combination Fully Amortized – No Balloon Index: WSJ Prime, 10 Year Treasury Index Maximum rate: Index +2.25% if maturity is < 7 years Maximum rate: Index +2.75% if maturity is 7 years or more For loans: – $25,001 – $50,000 + 1.00% – $25,000 or less + 2.00%	Fix or Variable on Bank Loan Fixed on the CDC Loan Rate negotiated on Bank Loan Rates on CDC portion are set monthly at the time of funding
Loan Term	Real Estate — up to 25 years R/E improvements — up to 25 years Equipment — up to 15 years Leaseholds — up to 10 years Working Capital — up to 7 years	CDC Loan: Real Estate – 20 years Equipment – 10 years Bank Loan: Real Estate – 10 years Equipment – 7 years
Loan Proceeds Use	Purchase Land & Building Construction, Renovations, or Leasehold improvements Furniture and Fixtures Machinery and Equipment Inventory and Working Capital Refinance Existing Debt	Purchase Existing Building Land Aquisition and Ground-Up Construction Expansion of Existing Building Building Improvements Equipment (no rolling stock)
Loan Fees	Vary based on loan size, guaranteed portion and qualification See SBA manager for details	Fees are negotiated for the 50% Bank Loan See your local CDC for current fee structure
Job Creation	None	Manufacturers: One new job must be created or retained for each $100,000 of the CDC portion of the loan All other Industries: One new job must be created or retained for each $50,000 of the CDC portion of the loan

*SBA loans from BNC Bank are in participation with the United States Small Business Administration. Loans are subject to approval in accordance with SBA and Bank eligibility and lending guidelines. Other lending programs are available.

**Subject to SBA eligibility, credit review and approval. Depository relationship required. For business purpose loans only. Customer pays out-of-pocket expenses.