SBA Loan Highlights

• Up to 25 years fully amortized

• No prepayment penalties for loans when 15 years maturity or less

• No packaging fee

• Click here for SBA loan calculator and to request
  more information about SBA financing from 
  Montecito Bank and Trust

Qualifying Businesses

• Manufacturing

• Wholesaling

• Services

• Retailing

• Construction

• Special trade construction

Loan Types

• SBA 7(a) loan program can also include working capital, inventory, and tenant improvements, and purchase of commercial real estate for your business.

Turn Around Time

• Pre-qualification of the loan may be given within 24 hours.  An SBA loan decision is normally available within one week of receipt of your completed loan application.  Montecito Bank & Trust is a preferred lender.

Preliminary Items Needed to Qualify

1. Current company balance sheet and profit and loss statement

2. Historic company balance sheets and profit and loss statements for the preceding three years

3. Company tax returns for the preceding three years

4. Personal financial statements on all principals

5. Individual tax returns for the preceding three years

6. Existing company debt schedule