SBA Small Business Loans

We provide flexible, local business financing. Get the capital you need with personalized attention, sound advice, and quick decisions made by a bank that understands small businesses. SBA loans are government-guaranteed loans that help small businesses get the funds they need with more flexible terms than traditional loans. Get financing for working capital, inventory, machinery and equipment, or commercial real estate.


For more information and lending assistance please contact a Loan Specialist.


Which SBA loan is right for me?

 

SBA 7(a) Loan

The SBA 7(a) loan is the most common SBA loan product, offering flexibility on terms and business uses. SBA loans allow businesses to obtain capital with less equity than conventional loans. Our experienced team will create a unique financing plan to help you and your business thrive.

Loan Purpose

  • Business/practice purchase
  • Partner/manager buyout
  • Expansion through acquisition
  • Real estate purchase including ground-up construction and tenant improvements
  • Refinance existing business debt
  • Purchase equipment

SBA 504 Loan

An SBA 504 loan may be an option if you’re looking to expand your business or purchase commercial real estate or heavy machinery and equipment. Unlike other SBA loans, three parties are involved in financing each SBA 504 loan—the borrower, the bank, and the SBA-approved certified development company (CDC). A portion of these loans is guaranteed by the government allowing small business owners to obtain capital with less equity than conventional loan requirements.

Loan Purpose

  • Purchase existing building
  • Land acquisition and ground-up construction (includes soft cost development fees)
  • Expansion of existing building
  • Finance building improvements
  • Purchase equipment
  • Refinance in conjunction with expansion