At TCF, we are here to help.TCF customers - Hurricane Irma relief is a simple phone call away. For questions or concerns related to Irma damage or displacement, please contact TCF Loan Servicing at 1-800-823-5363 or via email at TCFLoanServicing@tcfbank.com.
Grow your business with a self-storage expert. Our extensive experience lending to self-storage business owners has led to more than $275 million in loan closings. With the SBA 7(a) program, we provide guaranteed loans, up to $5 million, for business acquisitions, debt refinance, ground-up construction and expansion projects. As an SBA lender, current guidelines allow us to offer eligible small business owners:
SBA loans are full recourse transactions for 20%+ owners. However, SBA guidelines like those above provide more favorable terms, compared to conventional or other sources of financing. There is a one-time fee payable to the government. TCF Bank charges a packaging fee that is typically $2,500, if you choose us to package your loan. Ultimately, you can save money by not having to incur similar bank and other fees from having to refinance every few years.