Looking to grow your business? FB&T can help with U.S. Small Business Administration relationship products.
U.S. Small Business Administration (SBA) loan programs can provide long or short term working capital needs and fund purchases that aid company growth. SBA loans offer comparatively longer terms, lower payments, interest rate caps, flexible repayment terms, and are designed for businesses with collateral that may not meet conventional lending standards. Our experienced lending team will work hand in hand with your company’s management to help you achieve your financial goals. As a locally-owned and operated bank, we can help expedite the loan process for your company, regardless if it is a small or mid-sized community business or a larger commercial operation.
Types of SBA Loans:
- SBA 7(a) Business Loans: The most common and flexible SBA loan with up to $5 million for a variety of general financing needs, with longer terms and lower collateral requirements than conventional lending.
- SBA 504 Loans: Designed for a growing business that needs a long-term fixed rate loan to acquire commercial real estate or equipment for expansion or updating. Loans range from $500,000 to $15 million.
Our experienced lending team is ready to help guide you through the entire process. For more information about any of our loan products and services please contact our Lending Department by phone at 1-847-733-7400 or online using the link below.