Small Business Administration

  • Overview

    The Bank for SBA Loans

    Our SBA department works to quickly identify the right SBA program to fit your needs and works directly with you from application to close.

    We Offer:

    • High leverage with minimal cash investment
    • Long terms to minimize debt service
    • Flexible underwriting requirements
    • Competitive rates
    • Quick credit decisions

    Business Loans -SBA 7A

    Up to $5 Million


    These loans enable you to acquire a business or equipment, refinance debt, obtain inventory and working capital as well as start or acquire a franchise business.


    Business Acquisition

    • Up to 80% LTV financing (10% cash down and 10% seller carry)
    • Up to 10 years fully amortized and longer to qualified projects*

    Equipment Acquisition

    • Up to 100% LTV financing
    • Up to 15 years fully amortized

    Debt Refinance

    • Up to 25 years fully amortized with
      real estate
    • Up to 10 years fully amortized for non-real estate

    Inventory and Working Capital

    • Up to 10 years fully amortized

    Real Estate Loans - SBA 7A

    Up to $5 Million


    These loans enable you to purchase, refinance, construct or renovate owner-user commercial real estate.


    • Up to 90% LTV financing
    • Up to 25 years fully amortized
    • Owner-user to occupy at least 51% of existing building and 67% of new construction

    USDA B&I

    Up to $10 Million


    These loans are for real estate acquisition or expansion; purchase of a business, machinery, equipment, furniture or fixtures; and for working capital.


    • Up to 90% LTV financing
    • Up to 30 years fully amortized for
      real estate
    • Up to 15 years fully amortized
      for equipment
    • Owner-user occupied and some investment real estate
    • For most cities with populations
      under 50,000


    Disclosures

    *Some businesses loans may qualify for longer terms.