Grow Your Business With Confidence!

We are dedicated to supporting the growth and success of your small business journey, every step of the way. That is why we offer Small Business Administration Loans!
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Why SBA Loans?

What are SBA Loans?

SBA loans are government-backed loans provided by the U.S. Small Business Administration (SBA) to help small businesses access financing with favorable terms and lower down payments, typically used for starting, expanding, or operating a business.

Government Guarantee

The SBA guarantees a significant portion of the loan, reducing the risk for lenders.

Flexible

Funds can be used for a variety of business needs, including working capital, equipment purchase, real estate acquisition, and debt refinancing.

Lower Down Payments

Borrowers may benefit from lower down payment requirements, making it easier to secure financing.
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SBA 504 Loan

Are you looking to expand, purchase, or refinance debt associated with a property?

Is your business looking to purchase heavy equipment for your small business? The SBA 504 loan requires only a 10% borrower contribution and offers fixed rate financing with a longer term then conventional options!

Startup and special-purpose properties may require an additional contribution from the borrower.

SBA 7(a) Loan

Is your small business looking to purchase real estate or refinance?

Are you thinking about expanding your business or completing a partner buy-out/business acquisition?

The SBA 7(a) loan program offers flexible terms with a fully amortizing loan and low monthly payments to help your business with all its needs!
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How it works

SBA loans work by the U.S. Small Business Administration partnering with approved lenders, such as banks or credit unions, to provide loans to small businesses. The SBA guarantees a portion of the loan, reducing the risk for lenders and allowing them to offer more favorable terms, such as lower interest rates and longer repayment periods. Businesses apply through an SBA-approved lender, which will review the application, underwrite the loan, and disburse the funds upon approval.

Ponce Bank Direct℠, a division of Ponce Bank, is owned and operated by Ponce Bank. All deposits are FDIC insured, providing you with peace of mind and security. Please review our full terms and conditions for more details.

Ponce Bank is a member of the Federal Deposit Insurance Corporation (FDIC), an independent federal agency. Deposits are insured by the FDIC up to $250,000 per account, per depositor, per insured bank, for each account ownership category.

Ponce Bank and Ponce Bank Direct share the same mission — helping customers reach their financial goals — just with two different ways to do it. Unlike our branch-based services, Ponce Bank Direct is entirely online. Customers nationwide can open accounts, grow their savings, and manage their money without visiting a branch — all while receiving the same trusted Ponce Bank service, security, and commitment to success.