Small Business Loans

• Fixed- or variable-rate loans available
• Maximum loan amount: $5 million
• Borrower down payment may be as low as 10% for commercial real estate or other purposes
• Must meet additional eligibility requirements

The SBA 7(a) Loan can be used for: 

• Acquiring, refinancing or improving real estate and buildings
• Short- and long-term working capital 
• Refinancing current business debt 
• Purchasing and installation of machinery and equipment
• Purchasing furniture, fixtures and supplies 
• Changes of ownership (complete or partial)
• Multi-purpose loans, including any of the above

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

• Long-term, fixed-rate term loan
• Maximum loan amount for most: $5 million
• Maximum loan amount for manufacturers: $5.5 million
• Borrower down payment may be as low as 10%
• Must meet additional eligibility requirements
• Terms up to 25 years available

The SBA 504 Loan  can be used for a range of assets that promote business growth and job creation. 

These include the purchase or construction of existing buildings or land, new facilities, or long-term machinery and equipment. It can be used for the improvement or modernization of land, streets, utilities, parking lots and landscaping, and existing facilities. 

A 504 Loan  cannot  be used for working capital or inventory; consolidating, repaying or refinancing debt; or speculation or investment in rental real estate.

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

• Fixed- or variable-rate loans available
• Maximum loan amount: $500,000
• Credit lines of up to 10 years
• Borrower down payment 10% for commercial real estate; or other purposes 
• Must meet additional eligibility requirements

The SBA Express Loan can be used for:

• Business expansion or acquisition
• Franchise
• Start-up costs
• Commercial real estate purchase or renovations
• Working capital and equipment

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

• Fixed- or variable-rate loans available
• Maximum loan amount: $500,000
• Terms up to 25 years for commercial real estate
• Terms up to 10 years for all other loan purposes
• Borrower down payment as low as 10% for commercial real estate or other purposes
• Must meet additional eligibility requirements

This loan is for the smaller, but significant, business expenses. The SBA Small Loan can help support you while you refinance, buy equipment or just need working capital to see your big plan through. Talking to a business banker will help ensure your small business gets what it needs. 

Together, we’ll take your company to the next level.

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: Getting a Business Loan | Business Lines of Credit | Small Business Administration Loans

• Fixed- or variable-rate loans available
• Minimum loan amount: $10,000
• Maximum loan amount: $250,000
• Available for various business needs
• Must meet additional eligibility requirements

We get it.

As a small business, you often need a smaller loan. These lending options are designed specifically to support those needs. Whether you need a line of credit or a loan with an amount between $10,000 and $250,000, our lending process is designed to get you the funds quickly.