Loans for Every Purpose

Philip C. Jackson, President, Corporate Banking, Univest Bank and Trust Co.

Philip C. JacksonBusines Journal SBA Lender Top 25We are all keeping an eye on economic growth in 2013. Although GDP was down for the fourth quarter of 2012, there are signs that economic growth may accelerate this year. You want to be ready when the economy turns, and this includes knowing all of your options for loans to support your business.

Univest has the capacity and commitment to support your business. That means either on a direct basis or through government guaranteed programs extended through the Small Business Administration (SBA). SBA programs give you and the bank expanded options to obtain loans.

There are loans available through the SBA for start-up businesses, designated franchises, commercial real estate, equipment and working capital. The following are just a couple of the loan programs available from the SBA and extended through Univest:

SBA 7(a) Program, SBA's most commonly used program, can provide financing to establish a new business, acquire a business, fund operations (working capital) or expand.

CDC/SBA 504 Program can be used for long-term fixed-rate financing, up to 90% financing and longer amortizations, financing for acquisition for fixed assets (equipment and real estate) or loans up to $5 million.

Univest is designated as a "Preferred Lender" under the SBA. Contact our SBA representative, Scott Yescavage, at 215-703-5465 or, and he can assist you in learning more about the SBA.

Univest Bank and Trust Co. is an Equal Opportunity Lender.

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