What We Do


We loan funds for business expansion to small companies for specific projects that will create or retain jobs. Our loans can be used for new or existing businesses to buy land, buildings, equipment, for remodeling, renovation, or expansion, or for upgrading your business.

Our loans supplement a loan from a commercial lender of your choice. Typically the borrower contributes 10% of the cost (in cash or equity), a bank loans 50%, and we loan the balance. Borrower equity requirements are slightly higher for new businesses and single purpose buildings, such as motels.

We raise our funds by selling debentures in the bond market, at a rate slightly above U.S. Treasuries. Our debentures are guaranteed by the Small Business Administration. Thus you have access to the bond market for long term debt, just like the largest businesses in the country.

Our staff helps you to analyze the business and the expansion project. We'll make suggestions and structure the financing to help secure fast approval from the bank, our Board, and the SBA.

We work closely with the borrower's selected commercial lender on interim financing, gathering the required documentation, completing loan applications, packaging the loans, closing, and disbursing the funds. For the life of the loan, our staff continues to service the loans and provide advice.

If a borrower does not have a private lender, we can assist in locating one. We can also help to locate a private lender for SBA-Guaranteed working capital loans.