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Preferred Bank logo

Preferred Bank

Listed
Bank for business lines of credit and term loansLos Angeles, CaliforniaBased in California; service area not yet provided
BBLL 000832Listed Oct 2026From public recordsLast checked Oct 31, 2026
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About

Preferred Bank provides conventional commercial credit and SBA 7(a) and 504 financing. Its 504 page clearly separates the bank portion’s maturity from the longer CDC repayment schedule.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Business lines of creditTerm loansSBA 7(a) loans
From the lender's own site and public records.

A second look at Preferred Bank

Preferred Bank provides conventional commercial credit and SBA 7(a) and 504 financing. Its 504 page clearly separates the bank portion’s maturity from the longer CDC repayment schedule.

Direct bank lender. An SBA 504 project includes Preferred Bank, a Certified Development Company and the borrower.

Published by Levr, not by Preferred Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Conventional business credit

Revolving line
Temporary cash-flow needs, receivables financing and letters of credit.
Term loan
Equipment purchases, expansion and acquisition; repayment is structured around expected cash inflows.
Trade finance
Letters of credit support international transactions and other business commitments.

Provider sources: Commercial credit

SBA financing

7(a)
Up to ten-year terms for business projects or twenty-five years for real-estate projects; variable pricing references WSJ Prime plus a margin.
504 financing split
Typical 50% bank, 40% CDC and 10% borrower structure, subject to program requirements.
Maturity distinction
The bank portion may amortize over twenty-five years but mature after ten; the CDC portion may have a twenty-five-year maturity and fixed rate.

Provider sources: SBA structure and terms

When it may fit

Our assessment of the published programs

  • An owner-occupied property buyer who wants to compare the bank and CDC portions separately.

What to weigh carefully

  • Amortization longer than maturity can leave a balance due at renewal.
  • The reviewed pages do not provide a universal loan fee or credit-score threshold.

Questions before you accept an offer

  1. What balance will remain when the bank portion matures?
  2. What equity, guarantees and collateral apply?
  3. How are interest resets and prepayment charges calculated on each portion?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Bank of America

Compare Bank of America for conventional or SBA property financing.

KeyBank

Compare KeyBank for a separate bank lending proposal.

The lender

Type
Bank
Legal name
Preferred Bank
Founded
1991
Charter
Not yet provided Add it
Headquarters
Los Angeles, California
Service area
Based in California; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
preferredbank.com
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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