A Better Approach to Small Business Loans

We know all about the hard work you put in – and we understand.

Colony Bank’s Small Business Specialty Lending (SBSL) focuses on SBA/ USDA lending and customized financial solutions for small businesses. With hundreds of years of combined experience, our SBSL team understands the needs of small businesses and is dedicated to seeing small businesses succeed one at a time. As an SBA Preferred Lender, we are able to reduce the time it takes to close your loan and get you funds for your business faster than other banks.

Business Loans That Accelerate Your Long Term Success

When traditional bank financing is not an option, government-guaranteed loans are some of the most borrower friendly alternative solutions to make your business dreams a reality.

Government Guaranteed Loans Other Non-Traditional Loan Options

Highest Loan to Cost or Appraised Value

Lowest Down Payment

Lowest Interest Rate

Lowest Fees
Shortest Time to Close
Least Amount of Documentation
Longest Terms
Lowest Monthly Payment

Our low down payment loans can be used for many of your business needs:

Purchase Commercial Real Estate

Purchase Commercial Real Estate

Construct Renovate Commercial Real Estate

Construct/Renovate Commercial Real Estate

Refinance Commercial Real Estate

Refinance Commercial Real Estate

Working Capital

Working Capital

Refinance Business Loans

Refinance Business Loans

Partner Buyout

Partner Buyout

Purchase Equipment

Purchase Equipment

Purchase a Business Franchise

Purchase a Business/Franchise

Expand a Business Franchise

Expand a Business/Franchise

Leasehold Improvements

Leasehold Improvements

Start a Business Franchise

Start a Business/Franchise

Purchase Inventory

Purchase Inventory

Before you invest too much time and effort, we remove the uncertainty of getting your business loan approved. Other banks/lenders have you complete 75% of the process before removing the uncertainty.

Colony Bank removes the uncertainty here.

Other banks/lenders don’t remove the uncertainty until here.

Step 1

Qualification

Step 2

Application

Step 3

Underwriting \ Approval

Step 4

Processing \ Closing

Your Business Development Officer will collect certain documentation so we can perform a thorough initial analysis reviewed by an approving officer. If the approving officer is confident a formal approval is likely, we will issue a Pre-Qualification Letter.

After accepting our Pre-Qualification Letter, the BDO and a Production Coordinator will work with you to gather any outstanding items needed for underwriting. We recommend ordering any required third party reports to help expedite closing.

A formal analysis is completed by your assigned Underwriter. We will schedule a meeting for you to discuss your loan request with the Underwriter and answer his/her questions. Once the analysis is complete, the Underwriter will submit the Loan Report to an approving officer for approval. Upon approval of your loan, a Commitment Letter outlining the terms and closing conditions will be issued.

After we receive your executed Commitment Letter, a Processor will be assigned to obtain the government’s approval and coordinate closing with all relevant parties. The Processor will assist you in gathering documentation and completing any conditions required for closing.

90% of loans submitted to Underwriting are approved compared to the industry average of 21.6%.*


*Based on the Biz2Credit Small Business Lending Index™ as of March 2022.

Our Loan Solutions

The SBSL group utilizes several government-guaranteed loan programs which all provide high loan to values, low down payments, long terms, and competitive interest rates.

Contact One of Our Lenders

We are dedicated to empowering business owners to transform their dreams into reality. Our expert team members take a consultative approach to the SBA/ USDA journey to ensure you understand each step. Our team coupled with our transparent and efficient process when it comes to government-guaranteed lending is what makes us stand apart from other lenders.