Loan Options
We're here to help you thrive
At Direct Wholesale Rates by SNB Bank N.A., we’re here to help your business thrive with our reliable financing options. We focus on giving commercial clients the financial support they need to grow and succeed, offering customized lending products through our commercial lending division.
SBA 504 Financing
Putting financing within reach for small business owners.
The SBA 504 loan program was created to assist businesses in buying owner-occupied commercial real estate and equipment while keeping their working capital intact.
The SBA 504 loan makes financing more accessible to small businesses with low down payments and long-term, fixed, low-interest rates.
What an SBA 504 loan entails:
Project size
We can handle projects up to $20 million, accommodating a broad range of commercial needs.
Down payment
Minimal down payment requirements, as low as 10%, allowing up to 90% combined loan-to-value financing.
Loan terms
Offering long-term stability with 25 and 30 year fully amortizing loans.
Interest rates
Choose between fixed and variable interest rate options to best suit your financial strategy.
Eligibility
Must meet specific SBA eligible lending criteria to qualify.
How do I know if an SBA 504 loan is right for me?
Utilize our SBA 504 Loan Calculator on our website to estimate your payments and plan your financing.
Types of properties this loan can help:
Offices
Professional, Condominium, Medical, Dental and Veterinarian.
Industrial
Heavy and Light Manufacturing, Warehouse and R&D Flex.
Retail
General retail locations.
Special Purpose
Assisted Living Facilities / Adult Care, Day Care Facilities, Restaurants, Funeral Homes and Hotels/Motels.
Conventional Financing - Owner-occupied
Helping your business expand it's footprint.
Conventional loans are typically used by businesses to purchase real estate that will be primarily used for their operations, such as offices, retail spaces, or warehouses.
These loans offer flexibility in terms of loan amounts and repayment schedules, making them a viable option for businesses with strong financial profiles seeking to invest in their own commercial property. Additionally, owning the property can provide long-term financial stability and potential tax benefits for the business.
What a conventional loan entails:
Loan amount
Offering loans up to $10 million to cover significant real estate investments.
Loan to value
Finance up to 75% of your property's value.
Loan terms
Benefit from up to 25-year fully amortizing loans, providing consistent payment structures over the long term.
Interest rates
Competitive rates available in both fixed and variable options, tailored to meet market demands and your business needs.
