Small Business Administration

We offer a wide variety of U.S. Small Business Administration (SBA) financing solutions to support your business when a conventional loan or line of credit doesn’t quite fit your needs. As an SBA Preferred Lender, we’ll provide the tools and information you need to make an informed decision that’s right for your business. You can be confident that your application will be reviewed by lenders who know the business of SBA lending and can guide you through the process.

Considering an SBA loan? Here’s what you need to know. SBA loans provide great options for just about any business that is growing, especially when you need a lower down payment, a longer term in order to afford payments, or the ability to overlook a collateral deficiency.

Our SBA loan solutions are eligible for many different uses including:

  • Purchasing owner-occupied real estate
  • Financing owner-occupied construction
  • Tenant improvements
  • Financing exporters
  • Business acquisitions
  • Financing equipment
  • Financing capital equipment
  • Financing business expansion
  • Financing business expansion
  • Financing business debt
  • Financing temporary working capital
  • Starting a business or franchise

Eligibility Requirements

Eligibility requirements may vary based on loan type. To qualify for an SBA loan, your business generally must:

– Be located in the U.S. or its territories
– Be operated as a for profit business
– Have owners/managers with relevant experience
– Have a positive net worth (unless properly mitigated)
– Meet SBA’s definition of a small business

The business must not:

– Be passive
– Be a lender, life insurance company, money service business or investment brokerage

The owners must:

– Be a U.S. citizen or legal permanent resident
– Be of good character
– Not affiliated with employee of lender

Ineligible use of SBA funds include:

– Speculative Investment
– Payments or distributions to an associate of the applicant
– Floorplan financing
– Investments in real or personal property acquired and held primarily for sale or lease
– Payment of delinquent taxes

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