Diversity Lending - Business Loans for Women, Minority and Veteran Owned Businesses

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About our Business Diversity Lending Program

Union Bank is committed to supporting underserved communities, so we are one of only a few banks in the country to have a special purpose credit program under the Equal Credit Opportunity Act. Our Business Diversity Lending Program is designed to empower woman-, minority- and veteran-owned businesses. Through it, we provide the credit and financing minority businesses need to grow and thrive, and qualifying has never been simpler. These are essentially the same products as our traditional business loans and lines of credit, but the credit guidelines open the door so a wider universe of business owners can access that capital

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Minority Business Loans - What businesses are eligible?

Eligibility requirements for minority business loans include businesses in operation two years or more, and at least fifty-one percent (51%) owned, operated, controlled and actively managed by a woman, minority, or veteran (including any combination of the three) and who are U.S. citizens, are eligible to apply for a business loan or line of credit under the Union Bank Business Diversity Lending Program. Annual sales cannot exceed $20 million, and financing is available for up to $2.5 million.

Benefits: Union Bank Diversity Lending Program

Find flexibility in qualifying for the financing you need. Select a fixed-rate, unsecured or secured term loan with repayment terms of up to 7 years for UCC- and equipment-secured loans, or up to 25 years for owner-occupied commercial real estate financing. Or get a variable-rate, unsecured or secured business line of credit that is subject to annual renewal.

Certification Center

Certification as a Woman Business Enterprise (WBE), Veteran Business Enterprise (VBE), and/or Minority Business Enterprise (MBE) may lead to government or large corporation contracts. If your company is privately held and at least 51 percent owned by a woman, veteran, and/or minority who is a U.S. citizen or legal resident, you can apply for MBE, WBE and/or VBE certification.

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Minority-owned small businesses

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Woman-owned small businesses

Women are succeeding in business more than ever before, and Union Bank wants to help. Our Business Diversity Lending Program offers small business loans for women-owned businesses to help these female owners access traditional lines of credit, term loans, and owner-occupied commercial real estate loans. We offer many options to choose from, including secured or unsecured amounts up to $2.5 million and fixed or variable rate programs.

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Veteran-owned small businesses

In appreciation for your service to our country, Union Bank is committed to the success of veteran-owned small businesses.

If you’re a veteran under the Department of Veterans Affairs, take advantage of our Business Diversity Lending program. This specialized financing program enables veteran-owned small businesses to qualify for funding and credit. Under our Business Diversity Lending program, small business loans for veterans include secured or unsecured lending options and loan amounts up to $2.5 million. You choose what’s right for your small business, and we’ll be proud to help.

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