Many small businesses have real potential, but don’t always qualify for conventional financing. SBA loans can allow for lower down payments, longer amortizations, more favorable terms, and projection-based financing.
As a Small Business Administration (SBA) preferred lender, Savoy offers a variety of financing options: lines of credit, term loans, real estate and equipment financing. And because Savoy Bank financing is guaranteed by the SBA, it may be easier to qualify for than a standard loan.
We have the experience to help you navigate and streamline the lending process to find the best path to success and because all loan decisions are made by our lending team, we can turn around loans faster.
* Building must be 51%+ owner-occupied.
What Every Entrepreneur Should Know About SBA Lending
Main / 646-775-4000
Fax / 212-956-7381
600 Fifth Ave. 17th Floor
New York, NY 10020
*APY is based on interest compounded daily.
Rates subject to change at Savoy Bank's discretion.
**Data used to calculate rates gathered by ratewatch as of 4/30/2019.
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