Documents provided in downloadable PDF format. For printed
copies e-mail njames@cityofsacramento.org
The Small Business Administration (SBA) lending program has undergone a significant streamlining process recently that enables businesses to easily tap into this source of low-cost financing. Sacramento has a large number of non-profit organizations and private financial institutions that provide low-cost financing to growing businesses. A summary of each SBA program can be found below. Specific details of each program can be obtained by contacting the Sacramento Small Business Administration office or a local SBA lender.
SBA 504 Loan Program (back to top)
SBA 504 Loan Program was developed to assist communities in stimulating growth and expanding existing businesses. The 504 program offers long term fixed asset financing with a below market fixed interest rate, and as little as 10% down. SBA finances a maximum of 40% of a project (up to a maximum of $1,000,000), the private lender finances approximately 50% of the project via a separate loan to the small business, and the small business injects a minimum of 10% of the total project cost. The program also provides financing for the expansion of existing buildings and the acquisition of equipment.
For more information on this program please contact:
United States Small Business Administration (SBA)
Sacramento District Office
660 J Street, Suite 215
Sacramento, CA 95814
Ph: (916) 498-6410
Url: http://www.sba.gov/ca/sacr/
Local "Certified Development Corporations":
California Statewide Certified Development Corporation
Barbara Vohryzk
129 C Street
Davis, CA 95616
Ph: 1-800-348-6258
Fax 530-756-7519
http://www.californiastatewide.org/
Greater Sacramento Certified Development Corporation
Ray Sebastian
5428 Watt Ave. Suite 200
Sacramento, California 95660-4945
Ph: (916) 339-1096
Fax: (916) 339-2369
http://www.gscdc.com
Resource Capital
Frank Dinsmore
7509 Madison Avenue, Suite 111
Citrus Heights, CA 95610
Ph: (916) 962-3669
Fax: (916) 962-1822
http://www.resourcecapital.com/
Other SBA "Preferred Lenders":
Bank of America
1006 4th Street, 5th Floor
Sacramento, CA 95814
Ph: (916) 373-4549
Fax: (916) 448-3753
http://www.bankofamerica.com/community/
California Bank & Trust
1331 Broadway Ave.
Sacramento, CA 95818
Ph: (916) 564-0121
Fax: (916) 564-0784
http://www.calbanktrust.com
California Federal Bank
1116 Alhambra Boulevard
Sacramento, CA 95816
Ph: 1-800-843-2265
http://www.calfed.com/
First Northern Bank
4600 Northgate Boulevard, Suite 115
Sacramento, CA 95834
Ph: 1-800-567-6270
Fax: (916) 567-6279
http://www.thatsmybank.com/
Imperial Bank
Sacramento Small Business Lending
Wil Gilmer
455 Capitol Mall, Suite 410
Sacramento, California 95814
Ph: (916) 443-3293
Fax: (916) 443-3007
Sacramento Commerce Bank
501 J Street
Sacramento, CA 95812
Ph: (916) 554-4801
Fax: (916) 443-7345
http://www.scbusa.com/
Sonoma National Bank
John Shelby
Becki Roberts
1851 Heritage Lane, Suite 128
Sacramento, CA 95815
Ph: (916) 565-0292
Fax: (916) 565-0293
http://www.snbank.com/sba.html
Western Sierra Bank
Sacramento Location
1545 River Park Drive, Suite 101
Sacramento, CA 95815-4700
Ph: (916) 929-9762
Fax: (916) 929-5149
SBA 7(a) Loan Program (back
to top)
SBA 7(a) Program is available for the following: the purchase of land and improvements; the purchase of existing building(s) and improvements; the construction of buildings(s); the purchase of machinery/equipment; working capital; the purchase of inventory; and business buy-outs. The maximum guarantee loan amount is $750,000.
For more information on this program please contact:
United States Small Business Administration (SBA)
Sacramento District Office
660 J Street, Suite 215
Sacramento, CA 95814
Ph: (916) 498-6410
Url: http://www.sba.gov/ca/sacr/
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