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Business Lending

State Bank of India (California) is committed to helping local businesses of every size get the funding they need to comfortably tackle large capital expenditures and game-changing projects that will secure ongoing commercial growth. We offer a variety of lending solutions with the ability to customize and tailor the best option for your specific requirements. Stop by one of our convenient neighborhood branches today — applying is easy and our knowledgeable consultants can help you navigate the approval process to expedite decision-making.

 

Commercial Lending

A wide range of flexible credit solutions that will give your business access to the capital you need to grow and evolve. Decisions are made locally, allowing our Commercial Lending team to respond quickly with customized solutions to meet your specific financial needs.

  • Term Loans
  • Lines of Credit
  • Equipment Financing
  • Letters of Credit

 

Commercial Real Estate Lending

Fast funding of up to $25 million for the purpose of purchasing or renovating hotels, motels, multi-family apartments, office buildings, shopping complexes, and more.

  • Commercial Mortgages
  • Construction Financing

 

Asset-Based Lending

A reliable source of financing for businesses that want to maximize the value of their assets, achieve greater liquidity, and readily pursue opportunistic growth. Funds can also be used as transitional capital for companies experiencing rapid growth, temporary or explainable losses, seasonality, or other company repositioning.

  • Term Loans
  • Revolvers
  • Letters of Credit

 

Small Business Lending

Time is money for a small business owner — simplify and expedite your application and approval process with SBIC. As an SBA Preferred Lender, we can streamline the process and have the authority to make the final credit decision, underwriting our own SBA-approved loans.

SBA 7(a) Loan Program

The only difference between this financing option and conventional financing is the government guarantee, which can be up to 85 percent of the loan amount. A 7(a) loan has competitive rates on amounts up to $5,000,000 with as little as 10 percent down, subject to credit decision, and terms ranging up to 25 years, depending on the funding’s purpose. You can use the money to:

  • Buy or refinance commercial real estate
  • Expand business operations
  • Acquire an existing business
  • Increase working capital
  • Refinance debt
  • Purchase inventory, new or used equipment, and other strategic acquisitions

SBA 504 Loan Program

This financing option is available for the purchase of commercial real estate projects exceeding the $5,000,000 loan size of the 7(a) program. The 504 loan has competitive fixed interest rates and, depending on the type of property, up to 90 percent of the total project cost or appraised value of the property can be borrowed when the remaining amount is cash injected by the borrower.

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