Business Loans

Let us help you grow your business!

Monterey County Bank is committed to the small business community. Since 1987 we have been helping small businesses with the U.S. Small Business Administration (SBA) program. SBA loans can be obtained for the following purposes:

Business purchase
New business start-up
Additional working capital, equipment or tenant improvements for your existing business
Purchase of commercial real estate to house your business

Each of the above mentioned investments could be funded by an SBA loan. For additional details on these types of loans please refer to the chart below.

Monterey County Bank is historically the #1 SBA Lender in Monterey County and we specialize in SBA 7a and 504 loans. Our experts can talk business with people who do business.

Loans to Finance

Icon - New

New
Business

Icon - Expansion

Business
Acquisition

Icon - Expansion

Business
Expansion

Icon - Restructuring

Debt
Restructuring*

Icon - Real Estate

Owner-Occupied
Commercial
Real Estate

* under special conditions

SBA Loan

Eligible Uses

Purchase of equipment, machinery, furniture, fixtures, supplies or materials
Long term working capital, includes the payment of accounts payable and/or the purchase of inventory
Refinancing of existing business indebtedness that is not already structured with reasonable terms and conditions
Purchase of land or buildings, to cover new construction as well as expansion or conversion of existing owner-occupied facilities

Benefits

Longer maturity than conventional loans:
     • Up to 10 years for Working Capital
     • Up to 10 years or Equipment Useful Life
     • 25 years + construction period for Real Estate
Qualification is easier than conventional loans
10% down for owner occupied Real Estate purchase
SBA Guaranty of 75% or 85%

Commercial Lending

Monterey County Bank offers great financing options for commercial lending. We have experts in these lending fields that work with you throughout your project to make sure you succeed.

Eligible Uses

Permanent/long term financing for purchase or refinancing of commercial real estate

Permanent/Long term financing for the purchase or refinancing of commercial properties
Secured term loans to businesses for purchase, expansion or refinancing

Questions?

You don't find loan specialists like ours at just any bank.