Tonya Wagle
Vice President, Business Development
Tonya proudly serves the Henderson and Las Vegas Valley areas by actively lending in various sectors of the Real Estate Industry including Office, Retail, Industrial, Mixed Use, Special Purpose, SFRs and Multi-Family complexes.
Tonya has a Master of Business Administration degree from the University of Missouri and boasts a history of community service which includes the free preparation of personal income tax returns for low to moderate income households through work with the Nevada free tax Coalition in Southern Nevada. This year she will also be serving on the board of directors of CREW Las Vegas, an organization advocating equality and helping women to move forward in the commercial real estate industry.
Contact Tonya by phone at 702-990-5900 or fill out the form below.
View CRE Loans View SBA Loans Getting Prepared What People are Saying about FSB
Startup. Growth. Expansion.
Commercial Real Estate Loans
Whether you’re looking to purchase, renovate, or refinance your commercial real estate, First Savings Bank can help you achieve your goals. Our expert commercial lenders provide businesses and real estate investors with the financial solutions they need to grow and thrive. And, with a range of financial products, you can easily find a way to finance any commercial property.
Traditional Commercial Real Estate Loans
Financing for a variety of properties, including office buildings, industrial buildings, multi-family units and retail centers. With a flexible loan structure, borrowers are provided the opportunity to maximize their return on investment.
Multi-stage loans that use the equity you build into your developments to unlock financing for the next phase of your projects.
Value Add CRE Financing
Bridge loans offer short-term financing designed to help you improve or resell a property when you have an opportunity right in front of you.
Land Development Loans
Loan proceeds are utilized by real estate developers to acquire and develop raw land or unimproved land parcels for future construction.
Investor Owned Residential Real Estate (IORRE) Loans
Financing provided to investors to acquire multiple SFRs, condos and townhomes for investment purposes.
SBA Loans
SBA loans are designed for businesses that are looking to finance any of the following: start-up, acquisition, remodel, expansion, succession, real estate purchase/construction, equipment, leasehold improvements, inventory & working capital, franchise fees, or debt refinance. We offer a full range of commercial banking products to complement SBA lending solutions and our experienced SBA Loan Officers will guide you through the eligibility requirements to determine if an SBA loan is right for your business.
SBA – 7(a) Loans
The 7(a) loan program is one of the most popular loans utilized by small businesses. The use of proceeds may include:
- Acquisition, expansion, renovation, or construction of Owner Occupied Commercial Real Estate
- Purchase Equipment & Machinery
- Working Capital
- Business Acquisition
SBA – 504 Loans
The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation. The 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization. 504 loans are made available through Certified Development Companies (CDCs). 504 Loans are typically structured with First Savings Bank covering up to 50% of the total project costs, SBA providing 40% of the total project costs, and the borrower contributing 10% of the project costs. Under certain circumstances, a borrower may be required to contribute up to 20% of the total project costs.
The use of proceeds from 504 Loans must be used for fixed assets (and certain soft costs), including:
- The purchase of existing buildings;
- The purchase of land and land improvements, including grading, street improvements, utilities, parking lots and landscaping;
- The construction of new facilities or modernizing, renovating or converting existing facilities;
- The purchase of long-term machinery and equipment with a useful life over 10 years
The 504 Loan program offers small businesses both immediate and long-term benefits which may include:
- Up to 90% financing
- Longer loan amortizations, no balloon payments (Equipment up to 10 years, Real Estate up to 25 years)
- Fixed-rate interest rates
- Projects up to $12,000,000
To be eligible for a 504 Loan, your business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, a business qualifies if it has a tangible net worth not more than $15 million, and an average net income of $5 million or less after federal income taxes for the preceding two years prior to application. Loans cannot be made to businesses engaged in nonprofit, passive or speculative activities. Project must be at least 51% owner occupied if its an existing building and 60% owner occupied if its new construction.
Getting Prepared
Let’s discuss your thoughts and goals and then depending on the type and size of the loan request, you may be asked to provide the following.
- 3-years Business Federal Tax Returns
- 3-years Personal Federal Tax Returns
- Business History narrative or Business Plan
- Offer to Purchase (if buying property)
- Rent Roll (if rental property is involved)
- Personal Financial Statement
What People are Saying
“As a small business suffering through the mandated Covid shutdowns, this bank has been a lifesaver. Our large corporate bank could have cared less about helping us. First savings was responsive, caring, helpful and saved our business. Highly recommend this bank for personal or business needs.”
“They offer outstanding customer service to small business and individuals. I wish I would have found this bank much sooner!”
“I am proud to be a customer of First Savings Bank they have helped me tremendously with a funding our new construction of our clinic and being very helpful in every step of the way!”
“We have been clients of First Savings Bank for almost 4 years and have had excellent service. As a business customer, we have multiple accounts and have had numerous instances that required special attention…every occasion has been handled professionally and in a timely manner. First Savings Bank has been a valuable asset to our business.”
“First Savings Bank is great. I have been using them for years. I have a few different business accounts with them. They are always helpful and often times will go out of their way to help me. During Covid and the special PPP program, they were phenomenal. I have colleagues that bank with the big banks and they could not get the PPP funds quick at all. First Savings Bank had them distributed right away. As a business owner, I love the small bank feel where they actually know your name and needs. It’s great being able to call and get someone on the phone right away without having to go thru a bunch of recordings to speak to someone. I recommend First Savings Bank.”
“I’ve gotten to know everyone at the bank and they are always there to help. What a difference to have real people who care versus my other experiences at the big banks. I highly recommend this bank.”
