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 |
Construct/Renovate Commercial Real Estate |
Refinance Commercial Real Estate |
Working Capital |
Refinance Business Loans |
Partner Buyout |
|
Purchase Equipment |
Purchase a Business/Franchise |
Expand a Business/Franchise |
Leasehold Improvements |
Start a Business/Franchise |
Purchase Inventory |
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.
Underwriting \ Approval
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.
Processing \ Closing
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.
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.
Backed by the Small Business Administration, SBA loans typically offer lower down payments and competitive terms. Our Preferred Lender Status gives us the ability to get capital in your hands faster.
- SBA 7(a) Loan Program
- SBA 504 Loan Program
Our lending team is comprised of USDA experts who are passionate about helping rural America thrive. Let’s work to enhance economic opportunity in your community.
- USDA Business & Industry Guaranteed Loan Program
- USDA Community Facilities Guaranteed Loan Program