Small Business Administration

Firstrust is committed to providing small to midsized companies with the financing needed to achieve their objectives.

Small Business Loans

We offer flexible terms and a simple loan process. We are a National Preferred Lender (PLP) with the U.S. Small Business Administration (SBA) and offer a variety of loan solutions to best fit the needs of your small business. And, as a direct lender experienced in SBA lending, Firstrust fully understands the complexities that small businesses face. So you can rely on Firstrust and our extensive professional experience to help you reach the ultimate goal:   your success.

Loan Programs

Firstrust offers U.S. Small Business Administration (SBA) loans for small to midsized companies in a wide variety of industries.

• High leverage with minimal cash investment
• Long terms to minimize debt service
• Flexible underwriting requirements
• Competitive rates
• Quick credit decisions

Real Estate Loans: Up to $5 Million

These loans enable you to purchase, refinance, construct or renovate owner-user commercial real estate.

• Up to 90% LTV financing
• Up to 25 years fully amortized
• Owner-user to occupy at least 51% of existing building and 67% of new construction
• First and second mortgages are assumable to qualified borrowers

Business Loans: Up to $5 Million

These loans enable you to acquire a business or equipment, refinance debt, obtain inventory and working capital as well as start or acquire a franchise business. 

Business Acquisition

• Up to 80% LTV financing (10% cash down and 10% seller carry
• Up to 10 years fully amortized and longer to qualified projects*

Equipment Acquisition

• Up to 100% LTV financing
• UP to 15 years fully amortized

Debt Refinance

• Up to 25 years fully amortized with real estate
• Up to 10 years fully amortized for non-real estate

Inventory and Working Capital

• Up to 10 years fully amortized

USDA B&I Loans: Up to $10 Million

These loans are for real estate acquisition or expansion; purchase of a business, machinery, equipment, furniture or fixtures; and for working capital.

• Up to 90% LTV financing
• Up to 30 years fully amortized for real estate
• Up to 15 years fully amortized for equipment
• Owner-user occupied and some investment real estate
• For most cities with populations under 50, 000

Putting Capital to Work

We are committed to providing the financing you need to achieve your objectives. We understand that traditional lending doesn't suit all businesses. As a direct lender, we offer various loan solutions with fast credit decisions and prompt closings.

• Purchase owner-occupied commercial real estate
• Purchase a business
• Expand a business
• Refinance debt
• Purchase machinery and equipment
• Construct a building
• Renovate existing property and/or apply to leasehold improvements
• Finance inventory and provide working capital
• Start or acquire a franchise business

To find the small business loan that is right for you, call Brian Bodo today at (610) 238-5040.

*Some businesses loans may qualify for longer terms.