Small Business Administration (SBA) Loans
As an SBA Preferred Lender, Pacific Mercantile Bank is committed to helping companies succeed by offering:
Our personalized service takes the mystery and red tape out of obtaining an SBA loan, resulting in an
easy to understand process and hands-on assistance from application to funding.
Our experience in funding acquisitions, expansions and partner buyouts sets us apart from our
competition. Our expertise helps us structure your loan efficiently to meet your company’s needs.
SBA 7(a) Loans
up to $5,000,000
Real Estate Loans up to 25 Years
Business Loans 7-10 Years
The SBA 7(a) program provides flexible financing solutions ideal for small to mid–sized businesses. Offering longer amortization, lower down payments, and lower loan payments than conventional financing, SBA 7(a) loans may be the financing solution for the diverse needs of your business including:
- Business Acquisition / Business Expansion
- Partner Buy Out
- Business Purpose Debt Refinance
- Large Equipment
- Working Capital
- Owner Occupied Commercial Real Estate
SBA 504 Loans
up to $20,000,000
Real Estate Loans 20-25 Years
Equipment Loans 10 Years
An SBA 504 loan program provides small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization. With a minimum of 10% contribution by the business owner as equity, 504 loans are funded by Pacific Mercantile Bank and the SBA through a Certified Development Company (CDC). CDCs are non-profit corporations that promote economic development within their communities through 504 loans. An SBA 504 loan is an excellent option for small to mid-size businesses seeking up to 90% of financing when considering:
- Purchase of owner-occupied commercial buildings
- Construction of new facilities or modernizing, renovating or converting existing facilities
- Purchase of long-term machinery and equipment
For questions about SBA loans, contact:
Jim Roby, SVP/Director of SBA
[Learn more about Jim]
Looking for information about SBA Paycheck Protection Program Loan Forgiveness? Click here.
Other Small Business Loan Solutions
California State Small Business
Loan Guarantee Program
A loan guarantee program designed to assist small businesses that experience capital access barriers.
The California State Small Business Loan Guarantee Program (“SBLGP”) offers a guarantee of up to 80% for small business loans under $20 million, thereby providing broader access to financing for small businesses having difficulty obtaining credit.
For questions about the California State Small Business Loan Guarantee Program, contact:
Mark Martinez, SVP/Regional Manager
[Learn more about Mark]
Business Advantage Program
A program to serve small businesses with borrowing needs of $500,000 or less.
We offer the following types of Business Advantage products:
Revolving Lines of Credit
To provide temporary or seasonal working capital, an ACH Limit or support a Business Credit Card facility.
To provide permanent working capital or to purchase or refi- nance fixed assets. A buyout or business acquisition may also be considered depending on borrower and guarantor strength.
Business Credit Card (revolving)
To support business operations or simplify payment of trade payables.
Small Business Education Center
As part of the personal service from Pacific Mercantile Bank, we offer a series of interactive learning experiences to help you get a clear understanding of key financial topics. This free program includes: how businesses obtain and use credit, how to develop an effective business plan, how to create and use business, and more.