Loan application is submitted through the online portal with uploaded documents. Click here to review documents needed to apply for a loan.
STEP 2 Loan Application Review
Your application and documents are reviewed to determine eligibility.
STEP 3 Meet with Loan Officer
A loan officer will be assigned to discuss your business and financing options.
STEP 4 Loan Underwriting
Your loan request is thoroughly reviewed. Additional information and documents may be requested.
STEP 5 Loan Committee Review
Loan Committee will meet at least once a month to vote on loan approval. *
STEP 6 Loan Closing
The Loan Closer will coordinate the closing process and disburse your loan funds.
*Additional loan approval is required for most Small Business Administration (SBA) loans.
Loan approval time may vary, depending on the loan program. Typical loan approval takes about 2 to 4 weeks. However, being responsive throughout the process is a great way to get your loan approved quickly.
Ongoing Support: Business Technical Assistance
SBAC continues to support your business even after the loan closing. We offer a variety of management and training workshops, through resource partners, to help ensure your business is well equipped to start, grow, and sustain operations.
We provide loans and technical assistance for new and existing businesses in Southeast Georgia and the Low Country of South Carolina, with a focus on providing equitable access to all segments of our community.
Financing along with the provision of debt and equity funds to new and existing businesses.
30+ years of service
Dedicated to providing professional small business support services to small business in the City of Savannah and surrounding area.
Providing loans for new and existing businesses in the Southeast Georgia and the Low Country of South Carolina.
Educational and technical assistance to small businesses in all phases of development.