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CCDC is committed to making it easy for community banks to participate in more lending opportunities. Packaged SBA 7(a) Loans enable banks without an SBA department to tap into the borrowing needs of loyal small-business customers.
Packaged SBA 7(a) Loans:
- Enable smaller banks to offer loans competitive with larger, regional banks
- Guarantee on bank loan by the U.S. Small Business Administration (SBA)*
This wealth of resources can be used to help enable small-business clients to fund:
- Land or building acquisition
- Expansion, renovation, construction of facilities and leasehold improvements
- Machinery, equipment, fixtures and furniture
- Working capital
- Refinancing of existing debt
*Packaged SBA 7(a) loans offer a gross loan amount of $2 million, with the maximum guaranty of $1.5 million.
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