Thinking of purchasing or renovating commercial real estate or purchasing long-term equipment to grow or expand your business? Our team of experts actively partner with local Certified Development Companies (“CDC’s”) to offer financing under the SBA’s 504 Loan Program. A typical 504 project is structured with fifty percent of the project costs provided through an American Riviera Bank loan. Forty percent of the project costs are financed with a fixed-rate debenture secured with a junior lien from a CDC.
Refinancing is also available on a limited basis, including interest and fees on the construction and/or interim bank financing. Financing for other needs such as working capital, inventory, debt consolidation or refinancing are eligible through a separate SBA 7(a) Loan Guaranty Program.
Reach out to one of our SBA experts for more information on application requirements.
Vice President, SBA Manager
805 540 6235
Location: San Luis Obispo
Vice President, SBA Business Development Officer
805 979 3846
Location: Santa Barbara
Designed specifically for small or growing businesses who need a checking account with essential services, but don't do a lot of transactions. Every business needs a good foundation.
Government-guaranteed financing that allows for more flexible terms, including loans to help you start or buy a business. Already own a business? Consider an SBA 7(a) to expand your operations.
Capitalize on growth opportunities with tailored expertise aligned to your vision, goals, and strategies.
American Riviera Bank knows and cares about our customers.