Ready to Grow Your Business

SBA Loans

We know the ins and outs of SBA lending. Whether you are looking to expand your business, purchase commerical real estate, large equipment or a partner buy-out, an SBA loan can help you achieve your goals.

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Low Down Payments

As Low as
10% Down

Long Repayment Terms

Up to 25 years
for Commercial
Real Estate

No Prepayment Penalty

No prepayment
penalties on terms
less than 15 years

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Why consider SBA Financing?

Whether you want to expand or acquire another business, purchase or renovate real estate, buy equipment or need money for a business transition, a Small Business Administration (SBA) loan from Firstrust can be the financing solution to help your business grow.

We will sit down and talk to you to help put together the right loan structure that makes sense for your business needs.

The SBA granted Firstrust Preferred Lender Status (PLP Lender) because of our knowledge and expertise in SBA lending. This status, along with having all loan decisions made locally, means you can expect fast credit decisions and an overall hometown advantage.

Testimonials

What Our Customers Say

Focusing on our customer's needs is not part of what we do-it is what we do. Over the years, we have been privileged to be able to help thousands of businesses write their own success stories.

Ellen B.

I have banked with Firstrust for the past 5 years. Their insight and foresight allows me to make the best business decisions for my company. I recommend Firstrust to all of my business affiliates.

James T.

I had a goal of acquiring a Business Line of Credit, and of course at a great rate. I let the employee know what I needed to accomplish my stated goal and within a week or two it was accomplished.

Nancy W.

Firstrust is always the first that I go to for commercial mortgages. Their lender is experienced, knowledgeable, and she understands my needs, answers my questions, even when they are unrelated to our loans, and helps me grow my real estate investment portfolio.

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SBA Eligibility Guidelines

To be eligible for an SBA loan, a business must meet the following SBA guidelines:

Operate for profit
Be engaged in, or propose to do business in, the U.S. or its territories
Use alternative financial resources, including personal assets, before seeking financial assistance
If purchasing commerical real estate, 51% or more must be owner-occupied

General Lending Criteria

The following are general lending criteria guidelines for an applicant:

2+ years in business
Financial strength and credit history
Must have industry related management experience
Historical profitability and cash flow of the business being acquired (if buying another business/business acquisition)
Additional collateral may be required only when available