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Small Business Administration (SBA) Lending

Small businesses deserve big support

Small Business Administration (SBA) Lending

Turn your business dreams into reality

Small Business Administration (SBA) loans offer a reliable financial lifeline backed by government-sponsored guarantees. Explore a range of term loans and line of credit options tailor-made for small businesses like yours. Whether your credit is top-notch or you're not traditional loan-ready, an SBA loan is within reach.

With SBA 7(a) loans, the possibilities are endless. Use the funds to upgrade (including purchase of property, renovation and construction) your locations, gear up with new equipment, boost inventory, or keep your operations running smoothly. You can even streamline your debts, start- up business, acquire a small business or franchise, or fund partner transitions.

Our experienced lending team is ready to help you make your business dreams come true. We are here to support you through the process – saving you time and frustration and getting you the funds you need to support your business.

To qualify, your business must:

  • Operate for profit within the United States
  • Meet SBA’s small business size standards – sba.gov/size
  • Demonstrate that it can repay the loan

Maximum loan amount

$5 Million

Interest rate

Rates are variable and capped up to Prime +3.00%

Terms

Loan terms differ based on the loan's purpose, typically up to 25 years for real estate or 10 years for fixed assets (M&E), working capital, and other eligible business related expenses.

Personal guarantee

Required

SBA guarantee

50-90% of loan amount

Maximum loan amount

  • $5 Million

Interest rate

  • Rates are variable and capped up to Prime +3.00%

Terms

  • Loan terms differ based on the loan's purpose, typically up to 25 years for real estate or 10 years for fixed assets (M&E), working capital, and other eligible business related expenses.

Personal guarantee

  • Required

SBA guarantee

  • 50-90% of loan amount

Meet local experts

Contact our SBA Specialists!

Please contact a First Bank SBA specialist to answer your questions and guide you through the loan application process. For more detailed information regarding the programs, please visit www.sba.gov.

Robert Kim

Robert Kim

SVP/Director of SBA Lending

(609) 528-4269
Philip Smith

Philip Smith

SVP/Business Banking Team Leader

609-528-7445 x2415

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