An initial, interest-only draw period for up to six months at either a fixed or variable rate. After the initial draw period, the outstanding balance will convert to a term loan.
Upon converting to a term loan, fixed principal payments for up to 5 years
Term Loans
Funds available to meet a variety of medium term needs
Repayment terms based on your needs for up to 5 years
Small Business Administration (SBA) Loan Programs at Citibank
Citibank offers SBA-guaranteed term loans, lines of credit, commercial mortgages and equipment financing to small business owners and professionals. Amounts available vary by SBA program.
Funds can be used for purchasing or refinancing real estate that your business will occupy.
Some examples include manufacturing facilities, warehouse space or professional offices
Fixed and variable rates
CitiBusiness.com is the source of information about domestic business-oriented financial services provided by the Citigroup family of companies. Citibank, N.A. Member FDIC.
