FDIC-Insured - Backed by the full faith and credit of the U.S. Government
  1. Bank of Hope Business Lending SBA Small Loans

SBA Small Loans Features

  • Easy Qualification

  • Fast Approval*

  • Simple Process

  • Variable Interest Rates

Product information

  • Loan Amount

    Up to $500,000

  • Loan Terms
    • Up to 10 years for business acquisition, working capital or equipment financing
    • Up to 25 years for real estate related purpose
  • Interest Rate

    Variable Rates Available

  • Percent of Guaranty
    • Up to 85% guaranty for loans of $150,000 or less
    • Up to 75% guaranty for loans greater than $150,000
      (up to $3.75 million, maximum guaranty)

Requirements

  • At least 24 months of ownership
  • Satisfactory credit history
  • No record of bankruptcy within the last 7 years

*Subject to underwriting, credit approval and other verification requirements.

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Requirements

  • At least 24 months of ownership
  • Satisfactory credit history
  • No record of bankruptcy within the last 7 years

*Subject to underwriting, credit approval and other verification requirements.