Small Loan Advantage

Call Us 787-729-​8258​​

​​​​​​​​​​​​For entrepreneurs in rural and suburban areas.

A healthy economic environment improves the quality of life in any community. That’s why we offer Small Loan Advantage, providing financing for entr​epreneurs in suburban and rural areas to create employment and foster economic growth.


  • Businesses that are:

    • Owner-operated.

    • For-profit.

    • Organized as a sole proprietorship, corporation or professional partnership.

    • Unable to secure other credit under reasonable terms.

  • Businesses within the size guidelines as established by the SBA under the North American Industry Classification System (NAICS).

  • Businesses located in a low to moderate income area, as defined by SBA guidelines.

  • 51% or more of the business has to be owned by:

    • Minorities.

    • Women.

    • Veterans.

    • Business located in rural and urban communities, according to SBA guidelines.


  • Loan amounts up to $250,000.

  • SBA provides up to 85% guarantee.

  • No prepayment penalties on loans of less than 15 years.

Maximum Loan Terms:

  • Commercial Real Estate up to 25 years.

  • All other loans - from 5 - 15 years.

Interest Rate:

  • Variable or fixed interest loans available.

Borrower’s Equity Injection:

  • At least 10% of the total project cost.

Collateral Requirement:

  • Business Assets and/or Real Estate, depending on loan purpose.

Typical Use of Proceeds:

  • Establish, expand or acquire a business.

  • Operational capital, accounts receivable financing and increase active capital.

  • Purchase of machinery and/or equipment.

  • Inventory purchase.

  • Commercial property purchase or equipment.

  • Refinancing existing obligation (some restrictions apply).


  • Flexible underwriting guidelines.

  • Longer maturity terms than conventional loans.

  • Technical assistance through SBA’s Small Business and Technology Development Centers (SBTDC)

  • SBA guarantee program allows more businesses to qualify for the loans they want.

  • SBA fees can be financed into the loan.

For more information, go to:​an-advantage

Call Us 787-729-​8258​​

All loans are subject to credit approval.

All loans are subject to credit approval.​