| Benefits |
- Government guarantees of up to 75% of loan amount
- As a preferred lender, CTBC makes funding decisions quickly
- Longer loan amortizations and no balloon payments
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- Up to 90% financing
- Longer loan amortizations, fixed interest rates, and/or no balloon payments
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- A simple application process
- Government guarantees of up to 50% of loan amount
- As a designated SBA preferred lender, CTBC can make funding decisions quickly
- Affordable monthly payments
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| Funds to be Used |
- Short-term working capital for seasonal financing, contract performance or export production
- Long-term working capital for accounts payable or inventory purchase
- Land or building purchases
- Purchase of equipment, machinery, furniture, fixtures and supplies
- Refinance of existing business debt or an existing business
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- Purchase of existing buildings
- Purchase of land and land improvements
- Construction of new facilities or modernizing and renovating of existing facilities
- Purchase of machinery
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- Working capital
- Managing your business
- Inventory
- Business expansion
- Business acquisition
- Equipment purchases
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| Loan Size |
- Maximum $5 Million
- Up to 85% of loan amount is government guaranteed
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- Loan amounts of Up to $5 to $5.5 Million, depending on type of business
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- Up to $350,000
- 50% of loan amount is government guaranteed
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| Interest Rate |
- Rates vary depending on the size and maturity of the loan
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- CTBC Bank loan: fixed and variable interest rate options
- SBA loan: fixed interest rate
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- Rates vary depending on the size and maturity of the loan
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| Term |
- Up to 7 years for working capital
- Up to 10 years for machinery and equipment
- Up to 25 years for real estate
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- Loan maturities of 10 and 20 years are available
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- May be used for revolving lines of credit (up to a 7 year maturity) or for a term loan
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| Fees |
Fees are only charged on the guaranteed portion of the loan |
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Fees are only charged on the guaranteed portion of the loan |
| Eligibility |
Your business must:
- Be operated for-profit
- Be located in the United States and engaged in, or proposed to do business in, the United States
- Be small (as defined by SBA)
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Your business must:
- Be operated for-profit
- Fall within the size standards set by the SBA
- Have tangible net worth of less than $15 million, with an average net income of $5 million or less over the past two years
- To qualify, real estate financed must by 51% owner occupied for existing and 60% for new construction
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Your business must:
- Be operated for-profit
- Be located in the United States and engaged in, or proposed to do business in the United States
- Be small (as defined by SBA)
- Not be delinquent on any existing debt obligations to the U.S. government
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FDIC-Insured - Backed by the full faith and credit of the U.S. Government
