Small Business Administration
Small businesses are the backbone of any community
For more than 100 years, Hometown Bank has been committed to the greater Wisconsin business community. We are an SBA Preferred Lender, providing much needed financial assistance to local small business owners with Government Guaranteed Loans. These loans and special programs offer long-term rates with no balloon payments, longer amortization periods, flexible repayment terms and prompt loan funding.
As a Preferred SBA Lender, Hometown Bank will be there to help your small business succeed. Government Guaranteed Loans give businesses the versatility to grow and flourish. Here are just a few examples:
Commercial Real Estate Purchases
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Buyer/Borrower must own or occupy at least 51 percent of an existing structure or 60 percent of new construction. Hometown Bank can lend up to $5 million for the majority of 7(a) loans and up to $12.5 million for qualified 504 loans. We'd be happy to help you determine your eligibility. |
Business Acquisitions or Expansions
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SBA programs can fund up to $5 million, enabling you to expand or establish your small business. Financing is available for change of ownership, partner buyout or stock purchases. |
Fixed Asset Purchases or Financing Equipment
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Secure financing for up to 10 years for eligible fixed assets and equipment. Loans are fully amortized, helping you manage finances while avoiding the risk of changing interest rates. |
Working Capital
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Meet cash flow needs quickly and easily. Hometown Bank, a Preferred Lender, offers working capital loans through SBA Express, Patriot Express and CAPLines programs. |
Debt Refinancing
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Refinance debt originally incurred by the business using proceeds from your SBA loan. Receive up to 10 years to pay the loan back. SBA makes it easy to consolidate debt and free up cash from higher rate loans. |
Learn more about the advantages of SBA lending programs. Talk to one of our Relationship Managers today!
