Small businesses are an important component to the communities we serve. First Foundation Bank recognizes this importance and provides solutions to small business financing needs through SBA lending, so that these businesses can continue to grow and foster the economic development of our communities.
Through the SBA lending program, newer businesses or established businesses that don’t quite meet traditional financing requirements, can find a flexible loan that will meet their needs.
Some benefits of SBA loans include:
- Longer terms
- Lower down payments
- Can be used for a wide variety of purposes
- Easier to qualify than traditional financing
- SBA experts to help with qualification, eligibility and the application process
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