Small Business Loans
SBA COMMUNITY ADVANTAGE (7A) LOAN PROGRAM
ELIGIBLE USE OF FUNDS:
Most any business purpose
MAXIMUM LOAN AMOUNT:
$350,000
INTEREST RATE:
Variable Prime + 0%
Fixed Prime + 1%
LOAN TERM:
Up to 25 Years
*All information is subject to change without notice.
SBAC DIRECT LOAN PROGRAM
ELIGIBLE USE OF FUNDS:
Most any business purpose
MAXIMUM LOAN AMOUNT:
$150,000
Higher limits may be applicable
INTEREST RATE:
Variable
LOAN TERM:
Up to 10 years
Longer terms may be applicable
*All information is subject to change without notice.
SAVANNAH REGIONAL SMALL BUSINESS CAPITAL FUND
ELIGIBLE USES OF FUNDS:
Most any business purpose
MAXIMUM LOAN AMOUNT:
$100,000
Higher limits may be applicable
INTEREST RATE:
Negotiated Rate
LOAN TERM:
Up to 10 years
May amortize for a longer period of time
*All information is subject to change without notice.
SMALL BUSINESS CONTRACT/INVOICE LOAN PROGRAM
ELIGIBLE USE OF FUNDS:
Most any business purpose
MAXIMUM LOAN AMOUNT:
$150,000
INTEREST RATE:
6.5%
LOAN TERM:
Based on the number of draw requests
to perform on contracts in a timely manner
*All information is subject to change without notice.
Let us know how we can help with your small business loan or business education needs.