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Midtown Bank Newsletter
Greetings! Look no further for an SBA Loan. With over 30 years of combined SBA expertise, Midtown Bank can streamline the process and keep you focused on your business. SBA 504 PROGRAM With SBA 504 financing provided thru Midtown Bank, businesses can acquire and/or construct facilities as well as purchase equipment with as little as 10% down and a low, fixed interest rate for up to 20 years.
For a limited time, the SBA 504 program can also be used to refinance commercial real estate and/or equipment debt at up to 90% loan to value! SBA 7(a) PROGRAM An SBA 7(a) Loan provided by Midtown Bank may be used for virtually any commercial purpose: to establish a new business, refinance debt, or assist in the operation, acquisition or expansion of an existing business. These loans permit higher loan to values, carry lower interest rates, and provide longer amortization terms of up to 25 years (with no calls or balloons) compared to most bank loans. |
