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SMALL BUSINESS ADMINISTRATION LOANS

The Small Business Administration (SBA) loan programs offered through Lockheed Federal Credit Union provide attractive financing to assist small to mid-sized businesses. SBA loans are available for most business purposes or expansion needs. Repayment terms are generally longer than conventional loan programs, which can have a positive impact on a company's cash flow. Loan amounts range from $25,000 to $5 million.

Advantages of an SBA Loan

  • Up to 90% financing
  • Longer repayment terms - up to 25 years for real estate acquisitions
  • Fully amortized loans - no balloon payments
  • Competitive interest rate
  • Projected income considerations
  • SBAEXPRESS Term Loans or Revolving Lines of Credit

Eligible Loan Purposes

  • Start a new business or acquire a business
  • Machinery and equipment, furniture and fixture purchases
  • Commercial real estate purchase and leasehold improvements
  • Debt refinance
  • Working capital
  • Inventory purchase

Whatever your loan needs, we invite you to talk to us about how Lockheed Federal Credit Union can help you with financing to help you grow your business.

For more information, please contact:

Alex Kim
SBA Business Development Officer
SBA Loan Division
(818) 565-2615

Ray Dimaya
Director of SBA Lending
SBA Loan Division
(818) 565-2405

*We welcome broker sourced referrals.


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