Fuel for Growth:
The SBA Community Advantage Loan
Are you a growing company in need of affordable capital?
California Statewide CDC offers direct loans for a variety of business needs:
• Machinery and equipment
• Working capital (inventory, materials, payroll, rent, etc.)
• Leasehold improvements, furniture & fixtures
• Business purchase, startup/expansion and related expenses
Ideal recipients include businesses located in low-moderate income and other designated underserved zones.
Fuel for Growth:
The SBA Community Advantage Loan
Key Loan Features
Loan Size
Up to $250,000
Terms
5-10 years, 25 years for real estate, fully amortizing loan
Rates
Prime + (2.25% to 6%, based on risk), variable
Fees
Loan origination fee – $2,000 to $2,500 (varies with loan size)
SBA guaranty fee – 0% for loans $150,000 and under; 3% for loans over $150,000
Startups Eligible?
Yes (15-30% injection required, portion of which can be gifted)
Wednesday Mar 15, 2017
10:30 AM - 12:00 PM PDT
March 15th 2017
10:30am-12:00pm
Sacramento Metro Chamber
1 Capital Mall Suite 300
Sacramento, CA 95814
No Cost
Jessica Weeks
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