Financing Solutions for Your Small Business
Whether you’re ready to start your small business, acquire a business, or expand it, we’ll work with you to find the best Small Business Administration (SBA) loan to help you succeed. SBA financing can help you take advantage of lower down payments and longer terms, often with easier qualification requirements than conventional business financing. Our bankers will help you to find the right SBA loan program for your business.
SBA 7(a) Loan Program
- Can be used for a variety of purposes including acquisition of a business, expansion of a business, business start-up, purchase of real estate and equipment, or working capital to help manage cash flow
- Term loan amounts up to $5 million are available
- Allows more flexible loan terms, with longer maturities and less money down
SBA 504 Loan Program
- Can be used for purchase of real estate, construction, equipment acquisition, and refinancing debt
- Maximum loan amount varies by project but can be up to $12.5 million (higher limits for manufacturing)
- Extended terms are available
- Save money with competitive long-term interest rates
- Borrow up to 90% of the project cost or collateral value
SBA Express
- Ideal for smaller real estate, business acquisition, equipment purchase, or working capital needs
- Loans and lines of credit up to $500,000 are available
- Term loans and lines of credit to meet the ongoing needs of your business
- Fixed or variable interest rates
- Flexible loan terms give your business more options
SBA fees may apply. These fees, which vary based on the type and term of the loan, may be financed. Products and services described as well as associated fees, charges, interest rates, and balance requirements may differ among different geographic locations. Not all products and services are offered at all locations. Restrictions and limitations apply. All loans, lines, and leases are subject to credit approval. In addition, SBA loans are subject to SBA eligibility.