Plaza Bank offers a number of different loan products specifically designed to meet the needs of your business. Whether you need a revolving line of credit to give you greater flexibility in managing your company’s cash flow in its day-to-day operations, a loan for capital expenditures to enhance the long-term viability of your company or letter of credit to support your inventory purchases, you can be assured that your credit needs will receive prompt, personal attention from our experienced staff. Should you have the opportunity to expand your business through acquisition or are selling your business, we are ready to assist you.
- Access to capital
- Revolving lines of credit
- Term loans
- Letters of credit
- Owner-occupied commercial real estate
SBA Real Estate Lending Division
Small Business Administration loans (SBA 7a and 504) are available to provide long-term financing for your business. Loans under this program are guaranteed by the federal government. SBA loans can offer advantages to small businesses through extended loan terms and competitive pricing for the purchase or refinance of multipurpose owner-user real property. Plaza Bank is a participant in the SBA Preferred Lender Program (PLP).
Also, Plaza offers conventional owner-user financing for the purchase or refinance of multi-purpose commercial real estate.
Asset Based Lending Program
To further strengthen its small-business lending services, Plaza Bank introduces its Asset-Based Lending (ABL) program. ABL programs allow banks to be creative with helping small businesses grow and prosper in any market. This type of financing is ideal for companies that cannot qualify for traditional business loans due to rapid growth or other extenuating, and often temporary, circumstances.
Plaza Bank offers small-business loans to companies that are secured by accounts receivable, inventory, machinery, equipment and real estate. While most banks do not have ABL, Plaza Bank is proud to provide customers with this valuable service. Our experienced team can offer an extensive range of capital resources and financing options including SBA Caplines and CalCap (California Capital Access Programs). Plaza Bank works with nearly every industry and delivers flexible, value-added financial services that will help businesses overcome most financial challenges.
Fast Track Loan Program
Backed by the Small Business Administration, this loan may be ideal for small businesses seeking financing ranging between $50,000 to $350,000.