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Business LoansUnited Citizens Bank understands the importance of small businesses to our local communities. Therefore, we are pleased to offer a wide array of loan products for both new and established business owners which include financing for real estate, equipment and operating lines of credit. In addition to our regular in-house loans, we also partner with the Small Business Administration to offer guaranteed loan products. But most importantly, we offer you the individual service you expect and deserve from a lender. |
EquipmentHaving the right equipment is essential to ensure your success. Whether you want new or used, big or small, we do it all. Let us finance the equipment that keeps your business running.
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Commercial Real EstateFind financing for the right structure that meets your needs. We offer both variable and fixed rate permanent financing for lots, land, commercial buildings, and commercial residential properties.
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Commercial ConstructionBuild the perfect structure to suit your business needs. We offer caps on origination fees, as well as low, fixed interest rates. W'll get you up and running with quick draw request turn-around.
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Operating Lines of CreditSupplement your business cash flow with an operating line of credit. Let us fund your short-term cash flow needs, including supplies purchasing, payroll, or seasonal shortfalls.
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Rental PropertiesDiversify your business income by investing in rental real estate. Let us help you every step of the way. We finance single and multi-family housing units.
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Small Business Administration Partnerships
SBA Guaranteed LoansAs an SBA approved lender, we can help you find a government-guaranteed SBA loan option that is right for you. Resources and programs targeted for small businesses produce an advantage- a leg up necessary to help small businesses effectively compete in the marketplace and strengthen the local economy. SBA guaranteed loans are available for starting and/or growing an existing business with loan amounts up to $2 million. Special emphasis programs are available for women, veterans, Native Americans and socially and economically disadvantaged citizens.
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SBA 504 Loan ProgramThe SBA 504 Program allows a small business owner to purchase a long-term fixed asset to be 51% greater occupied by the business with as little as 10% down. United Citizens Bank can lend 50%, and the SBA will lend 40% at a low fixed rate for up to 20 years. The maximum loan amount for SBA is $1.5 million. Therefore, you could be looking at a transaction as high as $3.75 million. The borrower enjoys long-term, fixed rate financing, and the interest rates are very competitive. Qualifying purchases include land, buildings, and even long-term purchases of machinery and equipment.
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Thinking of starting a business?
You may be wondering, "where on Earth do I even start?" We know it can be overwhelming, so here are a few basic steps to get started:
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