Technology Credit Union said it has expanded its SBA loan program with the goal of helping more members grow their businesses within Silicon Valley and the greater Bay Area in California.
With SBA loans ranging from $25,000 to $5 million, the $1.7 billion credit union in San Jose, Calif., said it hopes to serve many of the region's businesses that are seeking financing but may not qualify for traditional business loans.
As a preferred SBA lender, Tech CU said it is also able to streamline the application process for a qualified applicant and reduce the time between a loan request and funding.
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