Which Loan is Right for My Business?

Young woman having a business meeting with an executive in his office, he is pointing on a contract and giving explanations

At First Bank SBA, we fuel the spirit that drives entrepreneurs like you. It’s a big job, but we’ve got it covered. Whether you’re just starting out or trying to raise additional capital, our lending experts have the skills and experience to help you meet your debt and real estate refinancing needs, raise long- and short-term working capital, and more.

Simply put, the 7(a) Loan Program is our specialty. It’s also the SBA’s most popular non-disaster program because it can be used to start a new business or to acquire, expand, export, and more. Before we get into more detail, let’s clear up a common misperception about them. The Small Business Administration (SBA) doesn’t actually lend money to you—we do.

The SBA developed the guidelines which we use to find the perfect SBA loan for you and your small business. And since the SBA guarantees that loans will be repaid, it’s great news if you’ve struggled to secure traditional bank loans in the past.

Here are the SBA loan programs available to you:

  • 7(a) Loan Program
  • 504 Loan Program
  • Microloan Program

For more than 80 years, First Bank SBA has helped thousands of entrepreneurs and small business owners like you prosper and pursue their dreams. We offer the personal service you deserve and expertise you need to make the process of achieving an SBA loan easier than ever.