Small Business Administration (SBA) Lending
SBA Lending Can Help Your Business Go Further.
Banc of California’s Small Business Administration (SBA) lending provides expertise in all SBA lending programs. However, what makes Banc of California unique is our specialized proficiency in merger and acquisition (M&A) transactions for small to medium size enterprises. Our specialized expertise and customer dedication make all the difference.
We are instrumental in connecting our clients with top M&A advisors – working with our clients and their advisors in the targeting stage, following through until close of the acquisition. We partner with our clients, and their trusted M&A advisors, to navigate through the critical stages of acquiring a business and continue to provide financing support through the execution of the transition plan and growth strategies. Our team of SBA professionals is unique in our level of experience with the specific challenges of acquiring and expanding a business.
A Business Owner
As a small business owner you continually look for ways to grow and expand your business. Whether you are looking to expand your business through acquisition or are in need of working capital to fund growth, Banc of California offers attractive SBA financing options to help you achieve your business goals.
Financing options to consider as a business owner:
Selling my Business
Are you currently in the exit planning stage of your business or looking to monetize your business in order to retire?
Banc of California’s specialized SBA M&A finance program can dramatically expand the universe of qualified potential buyers of your company because our program is aggressive and flexible (minimal equity requirements, and an enlightened and educated approach to qualifying the buyer) to help you successfully navigate through this transition period and into the next chapter of your life.
Financing options to consider if you are selling your business:
A Buy/Sell Professional
Are you a business Buy/Sell Professional such as a private equity professional, business broker, exit planning specialist, M&A attorney or CPA?
Banc of California specializes in business acquisition financing with a dedicated mergers and acquisitions lending team with extensive SBA expertise. We can partner with you to help your clients successfully navigate through the complex merger and acquisition process.
No SBA Lender has more experience in this highly specialized area of lending than Banc of California.
Financing options to consider as a buy/sell professional:
- 10 year term SBA loan
- Minimal cash equity requirement (as low as 10%)
- Enlightened and educated buyer qualifying process
- Ability to structure seller note recalculation events, and claw backs
- Working capital financing included for transition period and expansion
- Efficient closing
Looking to Buy a Business
Whether you are a business owner seeking to expand or diversify your business through a strategic acquisition or an individual buyer or group looking to acquire a business, Banc of California can help you succeed as you innovate and take on risks associated with business acquisition.
Financing options to consider if you are looking to buy a business:
The SBA 7(a) loan program is available to meet a variety of business financing needs from working capital and debt refinancing to commercial real estate.
The SBA 7(a) loan program’s use of proceeds:
- Provides funds for:
- Tenant Improvement
- Business Acquisition
- Working Capital
- Equipment or machinery purchase
- Debt refinancing
- Commercial real estate purchase
- Offers financing from $500,000 to $5 million.
- Extends a term for working capital up to 7 years; equipment, machinery and business acquisition up to 10 years; debt refinancing terms depend on the use of proceeds; and commercial real estate up to 25 years.
All businesses that are considered for financing under the SBA 7(a) program must be eligible under the following guidelines:
- Conduct business for profit.
- Be able to demonstrate repayment from the business’s cash flow.
- Collateral requirements are flexible based on availability.
For more information about Beach Business Bank® SBA loans serviced by Banc of California, click here.
The SBA 504 real estate program was developed to help small business owners buy or renovate commercial real estate for their own operations.
To be eligible, the business must:
- Occupy 51% or more of the space of an existing facility to be purchased; or 60% or more of the space in a new facility being constructed.
- Be an existing, for-profit business.
- Have a tangible net worth of less than $15 million.
- Have an average profit for 2 years combined of $5M or less.
Is SBA Financing Right For Me?
Banc of California’s Small Business Administration (SBA) lending provides expertise in all SBA lending programs with specialized proficiency in merger and acquisition (M&A) transactions for small to medium size enterprises.
If you do not qualify for SBA programs, Banc of California offers a variety of other business financing options.
- Business Banking
If you are seeking traditional lines of credit, commercial real estate refinancing, or deposit solutions, our Business Banking team can help.
- Commercial or Multifamily Real Estate Financing
If your property is not at least 51% owner occupied commercial, our specialized Commercial or Multifamily Real Estate Financing Group can help.
- Specialty Markets Banking
If you are a financial advisor looking to provide your clients with a higher level of personalized banking partnerships and specialized financial products, our Specialty Markets Banking group can help.
We’re committed to providing exceptional client service and invite you to learn more about our SBA Lending capabilities.
You can also fill out the form below to get in touch with us today.