Effective November 18, 2020, all FSB branch lobbies will be open by appointment only. Our Chesterfield location is temporarily closed and will reopen on Monday, November 30. Our Eastpointe (9 Mile) location is temporarily closed until further notice. Visit our COVID-19 Update page to learn more.
Small Business Administration (SBA) Loans
One of the greatest challenges many businesses face is accessing the capital they need to finance growth opportunities. If you’re looking to purchase inventory or equipment, refinance debt, or even fund the acquisition of another business, a Small Business Administration (SBA) loan might be the answer for your business. With lower down payments, lower rates and more flexible terms than a conventional loan, SBA Loans are a strong option for small businesses that require financing.
First State Bank is a designated SBA Preferred Lender which means we can generally deliver faster decisions with our streamlined SBA application.
Types of SBA Loans:
- SBA 7(a)
- SBA 504
- SBA Express
- SBA Patriot Express
Consider an SBA loan for financing:
- Owner-occupied commercial real estate
- Leasehold improvements
- Business acquisition
- Business start-up
- Debt consolidation
- Equipment
- Inventory purchase
- Working capital
Is an SBA Loan right for you? Call us or email us today to meet with a commercial lender. We’ll meet with you to learn about your business’s goals and determine the lending solution that best fits your needs.
Loans are subject to credit approval, verification and collateral evaluation. Businesses must meet SBA guidelines.
