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Build your business and community with up to 90% financing
The SBA Grow Loan Program (previously known as the SBA 504 Loan Program) is ideal for larger, established businesses that need long-term financing for heavy machinery or the acquisition, construction, or improvement of real estate that is primarily owner occupied.
Less equity required than with conventional loans.
The Flexibility to use your funds for a variety of business needs.
The SBA Grow Loan program provides a long term, low interest rate loan which can total up to $12,000,000 for the purchase of owner occupied commercial real estate and heavy machinery & equipment. According to SBA guidelines, the Bank/CDC SBA Grow Loan uses can include:
Customize your term from 10 to 20 years (120 to 240 months).
Choose whichever rate structure best meets your needs.
SBA Grow Loan may be less expensive than other forms of financing
Business owners look at the fixed rate, low down payment, and long term of the SBA Grow Loan Program. They find that when they take into account the cost of SBA Grow Loan over the entire term of the loan, it was actually less expensive than other forms of financing
The Bank’s SBA Specialists make the process easier
SBA paperwork is handled for the borrower by Bank Specialists and Certified Development Companies (CDCs). Most business owners have found that applying for an SBA Loan is as easy as conventional bank loans.
Enjoy a business checking account with no minimum monthly balance or maintenance fee.
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The zip code you entered is served by Citizens One, the brand name for Citizens Bank's lending business outside of our 11‑state branch footprint. Under the Citizens One brand we offer Auto Loans, Credit Cards, Mortgages, Personal Loans and Student Loans. To learn more, please visit: