CBN Financial

Loan Production Offices
CBN Financial Business Loans
CBN Financial Business Lines
Commercial Real Estate
SBA 7(a) LOAN PROGRAM
SBA 504 LOANS
Express Business Loans

Loan Production Offices

Phoenix Office- Stanley Farmer, Commercial Real Estate Loan Officer
2375 E Camelback Road, Suite 500
Phoenix, AZ 85016
Phone Number: (602)387-5062
Fax: (602)387-5001

Phoenix Office- Sherry Sentgeorge, SBA Business Development Officer
2375 E Camelback Road, Suite 500
Phoenix, AZ 85016
Phone Number: (602)387-5299
Fax: (602)387-5001

San Diego Office- Daniel Fencyk, Business Development Officer
750 B Street, Suite 2850
San Diego, CA 92101
Phone Number: (619)231-1590
Fax: (619)231-1588

PRODUCTS:

A. CBN Financial Business Loans

At Community Bank of Nevada our loan departments are committed to helping your business grow. Our loans are available when your business needs financing to supplement working capital, expand your business, remodel your facilities, purchase new equipment, or other operational needs.

Features:

No minimum loan amount
Repayment terms up to 5 years
No prepayment penalty (except SBA 504)
Fixed or variable interest rates

Benefits:

Flexibility to meet borrower's needs.
Assistance with expansion and acquisition needs of the borrower.
Cost effective.
Will assist borrower in analyzing needs.

B. CBN Financial Business Lines

Community Bank of Nevada Lines are available to take care of short term borrowing needs for seasonal working capital, taking advantage of trade discounts, financing receivables and cash flow management.

Features:

Monthly interest only payments
Credit lines renewable annually
Optional overdraft protection available
No minimum line available

Benefits:

Provides borrower a source of cash flow only when needed.
Can cover borrower in case of unexpected overdraft.
Flexible terms available.
Cost effective cash management.

C. Commercial Real Estate

At CBN Financial our loans offer flexibility and value to fit the individual demands of you business. Our Real Estate professionals are specialized in all areas of real estate ranging from purchase, refinance, and construction loans. We are dedicated to helping you design the best solution to fit you needs.

Residential Financing

Construction financing for professional home builders
Custom home financing

Commercial Permanent Loans

Income producing properties

Construction Financing

Raw Land
Improved Land

D. SBA 7(a) LOAN PROGRAM

Eligibility:

Management must be experienced and of good character.
Must be able to demonstrate the ability to repay the loan with cash flow from the business operations
Must have adequate collateral

Type of Business:

Business must be organized for profit
Business must be a "small" business as defined by the SBA's size standards
Certain industries are not eligible for SBA financing (see your Community Bank of Nevada SBA Specialist for more details)

Loan Purpose/Use of Loan Proceeds:

Purchase an Existing Business
Expand an Existing Business
Equipment and Machinery Purchase
Inventory Purchase
Tenant Improvements
Working Capital
Start a Franchise or New Business

Equity Requirements:

25% - 50% for Start-Up Businesses
Up to 100% financing depending on the length of time in business and equity investment in the business

Loan Amounts:

Up to $2,000,000.00

Loan Repayment Terms:

Up to 10 years for purchase of fixed assets
Up to 7 years for working capital

Advantages of an SBA 7(a) Loan:

Lower down-payment requirements and longer terms, which mean affordable monthly payments

SBA 504 LOANS

Under the SBA 504 loan program, long term loans to assist small businesses are made by a combination of private lenders and investors utilizing partial guarantees from the Small Business Administration. An approved lender makes the first lien loan and Certified Development Corporations are utilized to issue the secondary financing.

Eligibility:

Management must be experienced and of good character.
Must be able to demonstrate the ability to repay the loan with cash flow from the business operations
Must have adequate collateral

Type of Business:

Business must be organized for profit
Business must be a "small" business as defined by the SBA's size standards
Certain industries are not eligible for SBA financing (see your Community Bank of Nevada SBA Specialist for more details)

Loan Purpose/Use of Loan Proceeds:

Purchase owner-occupied commercial real estate*
Construct owner-occupied commercial real estate**
Purchase of Equipment and Machinery with useful life of 10 years or more

*Owner-occupied is defined as occupying 51% of the total rentable space of the property.
**Owner-occupied is defined as occupying 60% of the total rentable space of the property (may not sub-lease more than 10% of the total rentable space long term).

Equity Requirements:

10% for existing businesses
Up to 20% for special-use properties or businesses that have been open for less than two years

Loan Amounts:

Up to $5,000,000.00, total project

Loan Repayment Terms:

Up to 10 years for purchase of fixed assets
Up to 25 years for purchase or construction of commercial real estate

Advantages of an SBA 504 Loan:

Lower down-payment requirements
Long-term fixed interest rates, typically at below market rates
Longer terms with affordable monthly payments

Fully amortizing loans - no balloon payments due

E. Express Business Loans

Business Express Line Reserve
Amount	Minimum: $2,500
	Maximum: $10,000
Rate	Variable, based on Prime Rate
Term	24 Months
Use of Funds	Overdraft Protection

Business Express Line or Loan
Amount	Minimum: $10,000
	Maximum: $50,000
Rate	Variable, based on Prime Rate
Term	Line: 12 Months
	Loan: Up to 60 Months
Use of Funds	Working Capital
	Finance Receivables
	Business Expansion
	Purchase Equipment

Business Express Plus Line or Loan
Amount	Minimum: $50,001
	Maximum: $250,000
Rate	Variable, based on Prime Rate
Term	Line: 12 Months
	Loan: Up to 60 Months
Use of Funds	Working Capital
	Business Expansion
	Purchase Equipment

Business Express Credit Card
Amount	Minimum: $2,500
	Maximum: $50,000
Rate	Variable, based on Prime Rate
Fees	Variable
Use of Funds	Small purchases
	Travel and Entertainment

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