SBA Lending

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We’re an SBA - U.S. Small Business Administration Lender.

Approved to offer SBA loan products under SBA’s General Partner Program.

AltaOne FCU has partnered with the U.S. Small Business Administration (SBA) to help the businesses in our communities grow and prosper.  Whether you are looking to start or expand your business, AltaOne has a loan to meet your business needs.  Applying for an SBA Loan can be easier than you think – especially when working with the right lender!

What is an SBA Loan?

In 1953, the Small Business Act was passed, which established the SBA. SBA loans are designed to assist small business with their financing needs including starting a new business, expanding an existing one, or recovering from a disaster.   SBA loans are offered by private lenders and partially guaranteed by the U.S. Government. Advantages of an SBA loan include low interest rates, access to quick capital, longer repayment terms, flexibility, and more.

SBA 7(a) Business Loans

This is the most popular SBA loan type.  Flexible loan amounts from $50,000 to $5,000,000.  Loan terms are generally between 7 and 25 years, vary depending on how the loan proceeds are used.  Use the funds for Business debt refinancing, equipment and real estate purchases, acquisitions, partner buyouts, working capital, and more.

Business Qualifications include:

  • For profit businesses only

  • Demonstrated need for the loan and ability to repay

  • Must meet the SBA definition of a small business

  • Minimum equity injection/down payment of 10%

SBA Resources

  • CSU Bakersfield Small Business Development Center
    1631 17th Street, Suite 200
    Bakersfield CA 93301
    (661) 654-2856
    csubsbdc.com

    The CSU Bakersfield Small Business Development Center (SBDC) promotes the development, growth and success of small businesses and aspiring entrepreneurs throughout Inyo, Kern, and Mono counties.

  • SBA Kern Women's Business Center
    Bakersfield Office
    10800 Stockdale Highway, Suite 201
    Bakersfield CA 93311
    (661) 567-0410 English
    (661) 567-0414 Spanish
    mcscorp.org/kern

    Mission Community Services Corporation (MCSC) is host of the SBA Kern Women's Business Center. Based in San Luis Obispo CA, MCSC serves Kern, Monterey, and San Luis Obispo counties. The center provides training, financial literacy classes, business consulting as well as current business topic educational workshops.

  • SBA Veterans Business Outreach Center - NorCal VBOC
    Sacramento Office
    1792 Tribute Road, Suite 400
    Sacramento CA 95815

    Clovis Satellite Office
    808 4th Street
    Clovis CA 93612
    (916) 527-8400
    norcalvboc.org

    The Boots to Business or Boots to Business Reboot, offers foundational entrepreneurial education and training programs for transitioning service members (including National Guard and Reserve), Veterans of all eras, and spouses.

    The NorCal VBOC coordinates and facilitates the Boots to Business program held at Naval Air Station Lemoore, Naval Support Activity Monterey, Naval Air Weapons Station China Lake, Travis Air Force Base. These programs are taught by staff members of the NorCal VBOC and the SBA District Offices along with Staff from SBA Resource Partners (SDBC, SCORE, WBC).

  • SCORE Central Valley
    Bakersfield Office
    1725 Eye Street
    Bakersfield, CA 93301
    661-327-4421

    Fresno Office
    801 R Street, Suite 201
    Fresno CA 93721
    (559) 487-5791
    score.org/centralvalley

    SCORE provides free and confidential one-on-one business counseling by phone, email, and in-person in Central California. They also conduct workshops for both start-up entrepreneurs and seasoned small business owners. Based in Fresno CA, SCORE Central Valley serves Fresno, Inyo, Kern, Kings, Madera, Mono and Tulare counties.

  • US Small Business Administration
    Fresno District Office
    801 R Street., Suite 201
    Fresno CA 93721
    (559) 487-5791
    sba.gov/district/fresno

    The Fresno District Office serves California’s San Joaquin Valley and Central Coast regions. They provide help with SBA services including funding programs, counseling, federal contracting certifications, and disaster recovery. They can also connect you to partner organizations, lenders, and other community groups that help small businesses succeed.

    Washington DC Headquarters
    409 3rd Street NW
    Washington DC 20416
    (800) 827-5722
    sba.gov

    Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.

Interested in an SBA Loan?

To connect with an SBA Lending Specialist, fill out the form below. Please be advised, this is an unsecure message. Do not send account numbers, social security numbers, or any other private personal identifying information in this message. We strive to reply within 24 business hours, weekends and holidays excluded.

All loans and offers of credit are subject to approval based upon creditworthiness, qualifications, program guidelines, and applicable collateral conditions.