SBA Loans

At First Commerce, we know that saying yes to loans for local businesses means saying yes to our community! That's why we offer Small Business Administration (SBA) loans for small businesses, with local decision-making and personal service. First Commerce was named Top Credit Union of the Year for Fiscal Year 2014 by the Small Business Administration's North Florida District Office.

7(a) Loans

SBA 7(a) Loans are available to help you start, acquire, or expand your small business.

  • Flexible in loan structure
  • Loans can be used for a variety of purposes
  • Broad eligibility requirements and credit criteria
  • Most for-profit businesses are eligible

Learn more about 7(a) loans on the SBA website.

504 Loans

SBA 504 Loans is available to fund major fixed assets (like real estate and equipment) to help small businesses grow.

  • Long-term, fixed- rate, subordinate mortgage financing
  • Can be used for acquisition and/or renovation of capital assets including land, buildings, and equipment
  • Some refinancing is permitted
  • Most for-profit businesses are eligible

Learn more about 504 loans on the SBA website.

To apply or to discuss your business borrowing needs, complete the Business Loan Contact Form, contact our Business Services Team or visit any of our locations.