Loans and Lines of Credit
With an experienced team of lending professionals, Bank of Albuquerque understands the needs of local businesses like yours. We offer a comprehensive
lending program tailored to fit the needs of your business, allowing
you better management and control of your cash flow and growth. Secured
and unsecured loans and lines of credit are available with a broad
range of interest rates and maturities. Some financing options available
for your business include:
Working Capital Loans
These revolving lines of credit can be made for seasonal or permanent
purposes in order to help you:
Term Loans
Let Bank of Albuquerque supply your business with:
- New and Used Equipment Financing
- Real Estate Financing
- New and Used Vehicle Financing
- Construction Financing
Equipment
Leasing
Bank of Albuquerque can structure leasing transactions to meet your preferred tax
and accounting needs and provide flexible purchase and return
options. Leasing allows you to:
- Obtain 100% financing
- Pay for equipment as you use it
- Improve management and accounting of equipment cost
- Conserve cash by paying with pre-tax dollars
- Secure fixed payments
- Protect against technological obsolescence
- Conserve your lines of credit
Small Business Administration
(SBA) Loans
SBA Loans are made and administered by Bank of Albuquerque and the SBA
guarantees a portion of each loan.
Features of SBA Loans include:
- Eligibility - A wide array of owner operated and managed-for-profit
businesses - from retail to wholesale, from manufacturing to service
- are eligible for loans. Proprietorships, partnerships, and corporations
are eligible.
- SBA Guarantee - The SBA guarantees up to 85 percent for loans less than $150,000
and up to 75 percent for loans over $150,000. Although there is no maximum loan amount,
the amount of the SBA's guarantee to Bank of Albuquerque cannot, by law, exceed $1,500,000.
- Rates and Terms - Interest rates can be adjusted monthly,
quarterly or semiannually, and a ceiling can be placed on the
rates for the life of the loan. Fixed rates are available under
certain circumstances. Terms for Bank of Albuquerque SBA Loans depend on the use
of the proceeds, with maximum terms ranging from 7 years for working
capital, to 25 years for buildings and real estate.
Need more information on Bank of Albuquerque SBA loans contact Samuel L. Johnson, 505-222-8448.
International
Business
Bank of Albuquerque is equipped to handle all of your exporting/importing needs including:
Useful links to related sites:
Small Business Association: www.sba.gov
The Export-Import Bank of the United States:
www.exim.gov/msbprogs.html
Contact Us
Equal Opportunity Lender
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