Native American Bank provides a full range of business loans available to anyone,
but with a focus on lending to Tribes, Tribally-owned enterprises, Alaska Native Village Corporations and businesses owned by individual Native Americans and Alaska Natives.  NAB’s loans are available in all 50 states, and are tailored to meet the unique needs of our customers.

As a result of our commitment and everyday involvement in Indian Country, the bank is conversant with the unique issues of Tribal Law, Trust Lands, Tribal Sovereignty and the many steps involved in completing loan transactions. Where appropriate, the bank utilizes government guaranteed lending programs that offer added flexibility and more favorable terms than can be obtained without such support. These programs are offered by Federal Agencies such as the Small Business Administration (SBA), Bureau of Indian Affairs (BIA), U.S. Housing & Urban Development (HUD), United States Department of Agriculture (USDA), and the Department of Transportation (DOT). 

In addition to the capacity of the bank’s own balance sheet, the bank works with other lenders who are active in the market for Native American loans to form syndications/participations of the size needed by our borrowers.

Contact your NAB representative or call us at (303) 988-2727 to learn more about how we can help meet your borrowing needs.

• Term Loans for business expansion and purchase of fixed assets:

These loans provide financing for new business fixed assets such as: machinery or other large equipment, office furniture, computer software, and company vehicles with terms dictated by its useful life.  Loans are also available for permanent working capital to fund the long-term growth of a business.  These loans are generally designed to have regular payments of both interest and principle, so the loan is paid to zero by the maturity date.  The items being financed, generally serve as the collateral. 

• Commercial Lines of Credit:

These loans allow businesses to draw funds at their discretion against a set available credit limit.  These are generally used to pay for short-term financing needs, such as seasonal inventory, or to carry up front costs on new contracts, such as insurance, fuel, etc.  The business will generally pay only interest on the advanced amount, and re-pay principle as short-term assets are converted in to cash.  Accounts receivable and inventory are most often offered as collateral, and secondarily the loan can be secured by an assignment of a major contract, or other assets.

• Agribusiness:

In markets that NAB has a physical presence; loans are available to finance the seasonal operations of farmers, ranchers, and other agribusiness operators.  Financing is also available for capital expenditures, and real estate.$0.15 transaction fee per check or deposit.

• Commercial Real Estate – Acquisition, Construction, and Refinance:

NAB can provide both construction and permanent financing of commercial buildings and property.  These are term loans that carry a longer repayment period, and use the property as collateral.

• Housing Development Loans:

Funds for Tribally Designated Housing Entities (TDHE) or other developers to create new housing.  Loans can be used for infrastructure and building costs, as well as permanent financing.  The loan maturity generally matches the period to complete construction and sell the homes.  Permanent financing is also available for new rental units and homes not intended for immediate sale.

• Available Loan Programs to Assist Customer Access to Financing:
  
  

• Bureau of Indian Affairs Loan Guaranty Program: 

For businesses that are majority owned by Indians, including Tribal Government Borrowers, that are located on or near a reservation, or serve a reservation community.  This program can be applied to all types of commercial loans.  The maximum loan amounts are: $500,000 for businesses owned by one person, $5 Million for businesses with multiple owners, and $12 Million for Tribes.  Exceptions can be considered for eligible, larger projects.     
Read more: http://www.doi.gov/bia/Loan%20Guaranty%20Brochure.pdf

• HUD Title VI Loan Program:

This program is available to recipients of Indian Housing Block Grant (IHBG/NAHASDA) funds.  It allows a tribal housing entity to accelerate the construction of new homes by leveraging their annual block grant payments for a loan of up to five times the yearly amount received.  The loan can finance construction of new housing units, as well as infrastructure and other buildings that serve housing occupants such as: public safety facilities, laundromats, convenience stores, recreation centers, etc.  The loan can be structured to provide both construction and permanent financing for new rental or rent-to-own units.  Repayment can come from any number of sources, not to be limited to IHBG funds, including rental income or sales proceeds of the new units, coupled with NAHASDA funds.        
Read more:  http://www.hud.gov/offices/pih/ih/homeownership/titlevi/

• HUD Section 184 Loan Guaranty Program:

This loan program helps provide 30-year or 15-year fixed interest rate mortgages for individual homes, either acquisition or new construction.  A tribe may apply for up to 20 mortgages at once initially, and more with a proven property management history.  Individual tribal members are also eligible for these loans, and an existing loan held by the tribe can be assumed upon sale of the property.  Repayment can come from home sales, or from rental proceeds.  HUD 184 loans can be used in combination with the HUD Title VI Program, or other construction loans, including providing longer-term fixed rate financing.     
Read more:  http://www.hud.gov/offices/pih/ih/homeownership/184/

• USDA Business and Industry Guaranteed Loan Program:

These loans are intended for rural development, and are available to borrowers that are located in rural areas beyond the periphery of any city with population over 50,000.  The program can be applied only to fully-amortizing term loans, and can be used for real estate, leasehold improvements, equipment, working capital, and loan fees.  The loan limit is $10 Million, up to $25 Million under certain circumstances.
Read more:  http://www.rurdev.usda.gov/rbs/busp/b&i_gar.htm 

• Farm Service Agency (FSA) Loans:

FSA loans are available for both farm ownership and operating purposes.  The loan can be used to purchase land, livestock, equipment, feed, seed, and supplies. They can also be used to construct buildings or make farm improvements.  Eligible borrowers must be an owner or tenant operator of a family farm after the loan is closed.   The maximum size is $899,000, adjusted annually for inflation. 
Read more: http://www.fsa.usda.gov/FSA/webapp?area=home&
subject=fmlp&topic=gfl

• SBA 7(a) Loan Guaranty Program:

This program is available to any for-profit small business within the U.S.  Businesses can borrower up to $2 Million, and funds can be used for most business needs; including small lines of credit, term loans, and real estate loans, however, restructuring of existing debt must meet SBA requirements.
Read more:  http://www.sba.gov/services/financialassistance/
sbaloantopics/7a/index.html

• SBA 504 Loan Program:

This loan provides beneficial loan terms to borrowers for the acquisition of land and commercial buildings, renovations to existing buildings, purchase of equipment or machinery, and furniture and fixtures as it relates to the property.  As a general rule, the loan is shared between the bank, with a 50% portion of project costs, and a Community Development Company, with up to 40% of costs which are guaranteed by the SBA.  Required investment from the borrower can therefore be as little as 10%, depending on the risk and purpose of the property.  The CDC portion will carry a below market fixed rate, to benefit the borrower, and provides maturities of 10 and 20 years. 
Read more: http://www.sba.gov/services/financialassistance
/sbaloantopics/cdc504/index.html

• U.S. Department of Transportation Short Term Lending Program:
  
  
This program is designed to allow minority owned contracting firms that work on transportation related projects better access to short-term operating loans, so that they may better compete with more established companies.  Applicants must have a minority business certification, such as Disadvantaged Business Enterprise (DBE) status, or SBA 8(a) designation, and must have a DOT contract as wither a prime or sub-contractor.  Funds cannot be used for mobilization expenses.  The program guarantees 1 year revolving lines of credit, up to $750,000 to be secured by accounts receivable.  The only cost to the borrower is a $150 application fee.
Read more:  http://osdbu.dot.gov/Default.aspx?tabid=72