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Grow your business with CHROME lines of credit, secured and unsecured term loans, commercial vehicle loans, Real Estate loans, investment property loans, demand loans and more.

Get the money your business needs:

  • Business Lines of Credit — Cover short-term expenses or be prepared for unexpected opportunities with our flexible, short-term business lines of credit.
  • Business Loans — Expand your operations, restructure debt, make facility or technology improvements, or buy commercial real estate.

Committed to the growth and development of small business.

About SBA Loans

The U.S. Small Business Administration is a federal agency committed to furthering the growth and development of small businesses. One of the ways it does this is by guaranteeing loans to small businesses made through lending partners nationwide. CHROME is one of those partners.
The SBA does not make loans directly to small businesses. Rather, it sets the guidelines for loans, which are made by lending partners nationwide, including Financial Institutions (like CHROME) and economic development organizations. The SBA guarantees a percentage of the loan, minimizing risk to the lending partners and increasing the possibility that small businesses will receive the funds they need.
Funds may be used for a wide range of purposes, including:
• Owner-occupied commercial real estate
• Business expansion or acquisition
• Franchise financing/business startup costs
• Financing newly established businesses
• Partner or management buyout
• Inventory purchase
• Equipment, including restaurant equipment and vehicles
• Machinery/furniture
• Debt refinance/working capital

SBA Loan Types

We offer SBA Express Loans from $100,000 to $350,000 with term loans and line of credit options. Proceeds may be used for financing business acquisition,
equipment, debt refinance, working capital, inventory and tenant improvements.

We also offer the following options:
Option 7(a) Real Estate 504 Loan Program
Use of Funds Owner-occupied commercial real estate purchase, refinance or construction To purchase or construct owner-occupied commercial real estate
Industries Most industries qualify; no nonprofits Most industries qualify; no nonprofits 
Loan Types Term loans Term loans
Loan Amount Up to $5 million Up to $11.25 million for most industries; higher for qualified manufacturing firms
Interest Rate Based on WSJ Prime Based on WSJ Prime
Term Up to 25 years Lender loan (real estate): Typically 25 years
CDC Loan: Typically 20 years
Equipment loan: 10 years
Amortization Fully amortized; no balloon payments Typically 25 years on the first position; 20 years on the long-term CDC portion 
Prepayment Penalty
5% - first year
3% - second year
1% - third year
Prepayment applies
Subject to property; additional collateral may be required
U.S. Bank loan: First mortgage on property being financed; 
CDC loan: second mortgage on business real estate
LTV/ Advance Rates
LTV up to 90%
LTV up to 90%