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# SBA Loans
## Small Business, Big Opportunity
Join other business owners nationwide who have trusted us to help them secure the financing they needed.
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### Owner-Managed
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### Nationally Recognized
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### 5-Star Rated
## SBA Loan Programs
* 7(a) Loan Program
* 504 Loan Program
* SBA Express
7(a) Loan Program may be used for working capital, inventory, machinery & equipment, debt refinancing, business expansions, and acquisition of an existing business – Loan amounts up to $5 million
### 7(a) At-A-Glance
#### Maximum Loan Size
$5 million
#### Repayment Terms
Up to 25 years
#### Pricing
Variable and multi-year adjustable
#### Prepayment
5-3-1 for loan terms greater than 15 years
#### Borrower Type
For-profit business
504 Loan Program provides long–term financing for businesses seeking to buy, construct or renovate owner-occupied commercial real estate – Loan amounts up to $5.5 million – Down payments as low as 10% – Low fixed rates & fully amortized schedules.
### 504 At-A-Glance
#### Maximum Loan Size (up to 3 projects)
$16.5 million
Floating or fixed available
Bank Loan: 2-5 years declining
SBA Bank Loan: 10 years declining
SBA Express has a simpler loan application and quicker loan closings for smaller SBA loans – Revolving and term financing options – Loan amounts of up to $500,000
### SBA Express At-A-Glance
$500,000
### Get Started Today
Loan AmountHow much money are you looking for?$50K - $500K$500K - $1M$1M - $5M$5M - $10MOver $10M
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## Customer Success Stories
When I compare my experience at Time Bank to the other banks that I have spoken with, it is clear that the traditional, concierge service they offer is what sets them apart. Their SBA department was the most knowledgeable and diligent of all the banks I dealt with, and they made the process fast and easy. Every member of their staff has been cordial and responsive, often going out of their way to address my needs. I will continue to do my business and personal banking with Time Bank, and I will continue to recommend them to my peers.
Chris Brown
President, DIGI Search
It’s the best experience I’ve had with a bank so far. I’m extremely happy with the SBA process, and I recommend Time Bank to people I know.
Pawel Gil
Business Owner, Kitchen and Bath Master
Follow Us
P.O. Box 829, 626 Talcott Rd.
Park Ridge, IL 60068
T. 847-384-9200
F. 847-384-9245
Copyright 2022 Time Bank
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# Construction Loans
## We Know Construction.
Our loan committee meets on a daily basis resulting in quick answers to your loan request. Upon receipt of a new loan request we provide borrowers with loan approvals often within a couple days.
## Onsite Loan Committee
## Designated Inspector
Timing is one of the most important aspects to any construction project which is why we have a designated Construction Inspector enabling us to provide quick turnaround times on approvals and draws.
## Quick Draws
Most construction draws are made available within 48 hours from the request.
## Fast & Straightforward Process
Whether you are developing an apartment building, condominium building, or speculative (spec) single family home, our Loan Officers have the knowledge and expertise to help you and your project succeed.
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# Private Money Lending
## “Time-Lines”
Increase the size of your loan portfolio without raising additional investor capital.
## Borrow Up to 50% of Total Portfolio
We provide Private Money Lenders nationwide with a revolving line of credit that can be drawn for amounts up to 50% of total private money loan portfolio balances.
## Wide Eligibility
Portfolio loans eligible for advances include first mortgage loans on single-family and multifamily properties and in some cases even construction loans.
## Low Rate & Loan Collateral
These are low interest rate lines of credit – based on Prime\*
Collateral consists of a UCC First Lien on all business assets and includes (a) assignments of promissory notes and other loan closing documents and (b) an assignment of all mortgages.
The process is straightforward – we review credit and loan documentation.  Our loan committee meets daily so approval happens quickly.
\**the Bank of America, N.A. prime rate*