Along with the U.S. Small Business Administration (SBA), we support the owners of small businesses in Colorado who wish to expand.
In coordination with the SBA’s 504 Loan Program, we can provide business expansion loans for qualifying Colorado companies that cover as much as 90% of their costs related to machinery, equipment and other major fixed assets, including the ability to buy, build and renovate commercial real estate.*
If you’re eligible, you can receive combined loans (up to 50% from First National Bank and up to 40% from the SBA) totaling as much as $5.5 million. An SBA 504 Loan through First National Bank has these very attractive features:
- Long term**
- Low down payment
Is it time to take your company to the next level? With over 100 years of commercial lending experience, we would welcome the opportunity to tell you more about the SBA’s 504 Loan Program and answer your questions!
Please contact Dave Wood, Sr. Vice President, Business Banking at (719) 955-5577 to learn more.
* Other restrictions and eligibility criteria apply.
**Applicable on the SBA 504 portion of the loan up to 25 years.