As a preferred lender, we know SBA loans. Our team of experts will guide you through the entire process — and get the funds you need fast.
Key Features
- Available for start-up businesses, as well as purchasing, expanding, and refinancing existing businesses
- Government-assisted help for businesses that might otherwise have difficulty getting approved
- Special financing for qualifying businesses
- Competitive fixed and variable rates for a wide range of business purposes:
- Expand, acquire or start a business
- Purchase or construct real estate
- Refinance existing business debt
- Buy equipment
- Provide working capital
- Finance building improvements
- Purchase inventory
- A wide range of lending options available
- Generally lower down payments and extended terms
- Attentive, friendly service from start to finish
Loan Size
Loan amount may vary depending on the request, but is limited to $5,000,000.
Interest Rate
- Variable or fixed rate
- Fully amortized through the term of the loan
Terms Available Amortization Periods
- Up to 25 years on commercial real estate, and up to 20 years on farm real estate
- Up to 10 years: equipment, business acquisition
- Up to 10 years: working capital
- All loans are fully amortized
- No balloon payments
Loan Structure
-
Equity injection of at least 10% of the total project cost on Change of Ownership transactions and on Start-Ups
Loan Fees
- SBA Fees ranging from 0% to 2.77% of the loan amount depending on loan size
- Fees rolled into loan
Good SBA loan prospects are listed below, but not limited to:
- Business Acquisitions
- Loans to professionals – Doctors, Dentists, Veterinarians, Pharmacists
- Pet boarding facilities/pet hotels
- Real estate financing
- Franchises (SBA eligible)
- Service companies
- Manufacturers and wholesalers
- Hotels
Create a Business Plan
One of the best ways to prepare for SBA financing is to develop a business plan. It helps prove you have the data, gameplan, and business skill to be worth the investment. Not sure where to begin? We'll walk you through it.