Commercial SBA Loans - SONOMA NATIONAL BANK - Arizona's Elite Professionial Services -

Within Arizona, Sonoma National Bank offers both conventional and SBA commercial real estate loan products. Over the past twelve years, we consistently ranked among the top 3 lenders in total SBA dollar volume against over fifty competitors including multi-state national banks.

Sonoma National Bank is a full service commercial Bank that was founded in January 1985. The Bank is headquartered in Santa Rosa, California (the heart of California wine country) with eleven branches in Northern California, and five Business Development Offices. In August 1993, the Bank established its Loan Production Office in Phoenix.

In the State of Arizona, the Bank does not provide, nor solicit, depository products or services. Through June 30, 2005, the Bank had approximately over $1.2 Billion in assets, and is considered to be well-capitalized by Bank regulators. The Banks return on assets and return on equity has through the years consistently reflected a well managed banking organization.

Our Business Services

WHY SONOMA NATIONAL BANK?

Because we believe that in Arizona we are the best at what we do in providing the highest quality of Small Business Administration (SBA) financing and conventional. We specialize in purchasing, constructing and refinancing commercial real estate and offer either SBA or conventional financing.

Sonoma National Bank is a Preferred Lender with the SBA. The status grants the Bank unilateral authority to approve most SBA requests which reduces the processing time of your application. We also offer prequalification of your loan request, generally within 24 to 48 hours, allowing clients to proceed in a transaction with the confidence that their financing needs will be met.

WHAT IS SONOMA NATIONAL BANK ABLE TO FINANCE?

Financing is available for the following uses:

Purchasing an existing building

Purchasing an existing building plus necessary improvements

New building construction (including acquisition of land)

Refinancing existing debt

Every borrower is different and so is their business. In general however, we can let a client know whether their loan can be provided with receipt of the following information:

3 years of Business Tax Returns

3 years of Business Financial Statements

3 years of Personal Tax Returns from individuals owning 20% or more of the company

A Personal Financial Statement from those individuals

A Recent Interim Financial Statement on the business

We are good at what we do and you will be glad you gave Sonoma National Bank your consideration.

SBA 7(a) Loans

PROGRAM HIGHLIGHTS	Up to 90% Loan-to-Value Long repayment terms which minimize monthly payments 25 years fully amortized loan - no "balloons" No annual accounting charges Rapid processing
USE OF FUNDS	Purchase, construction, or renovation of commercial real estate for owner-users Refinancing of existing debt Working Capital Purchase of Equipment
LOAN AMOUNT	Up to $2,000,000 to qualified applicants
TERMS	Up to 25 years, depending upon use of funds
INTEREST RATE	Typically, as low as Prime + 1.25% floating with no cap on qualified real estate purchase or construction. Rate may be higher or lower depending upon various factors. Rates adjusted quarterly; "caps" available at lender discretion.
POINTS	Lender charges no points. SBA charges 1.6% to 2.6% of loan amount as a guarantee fee.
PREQUALIFICATION	We will prequalify the applicant within 48 hours, in writing, upon receipt and approval of the following data: Three Years Federal Tax Returns - Personal & Business Year to Date Financial Statements Personal Financial Statement(s)

SBA 504 Loans

TYPICAL FINANCING STRUCTURE	50% Sonoma National Bank (1st lien position) 40% SBA 504 Loan (2nd lien position) 10% Borrower
PROGRAM HIGHLIGHTS	Up to 90% Loan to Value Fixed interest rates Longer repayment terms - 30 years for Sonoma National Bank and 20 years for SBA 504 loan No "balloons", fully amortized Up to $3,000,000 financing for qualified applicants
USE OF FUNDS	Purchase, construction, or renovation of commercial real estate for owner-users Purchase of machinery and equipment Soft costs, such as architectural, appraisals, environmental, permits, loan fees, etc. Financing for franchises
INTEREST RATE	Sonoma National Bank offers both fixed and variable rate programs tied to various indexes. SBA 504 loan is a fixed rate for the entire 20-year term. Rates are based on the 10-year Treasury Note plus 2.75%-3.5%.
POINTS	Sonoma National Bank assesses a loan fee of 1.5%. Fees may be higher or lower depending on various factors. Most of the loan fee can be financed. SBA 504 charges approximately 3% of the loan amount. All points and fees are financed.
OTHER	Prepayment penalties do apply. Sonoma National Bank assesses a penalty if the loan is paid within 5 years. The SBA 504 loan charges a penalty if their portion of the loan is paid within the first 10 years. Both are assessed on a declining basis over time.
PREQUALIFICATION	Sonoma National Bank will prequalify the applicant within 48 hours, in writing, upon receipt and approval of the following data: Three Years Federal Tax Returns - Personal & Business Year to Date Financial Statements Personal Financial Statement(s)

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