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U.S. Small Business Administration (SBA) Loans

Move your business forward with an SBA loan from Rising Bank.

Why an SBA Loan?

Designed to enhance cash flow and conserve capital, SBA loans may help you acquire a business, secure funding for equipment or expansion, acquire commercial real estate, and more. They offer longer repayment terms, lower down payments, and an easier qualification process than most conventional loans.

Rising Bank is Proud to be an SBA Preferred Lender

  • Preferred lenders have the ability and authority to approve loan requests in-house, without requesting approval from the SBA. This cuts the approval time drastically and offers a much more streamlined business process.
  • Preferred lenders can offer loans that are guaranteed for up to 90 percent of $5 million. They offer borrowers who qualify more options, giving them greater freedom in their loan requests. These types of loan requests include purchasing or refinancing owner-occupied real estate, business acquisition loans, construction loans, debt refinances, partner buyouts, and working capital.
  • Preferred lenders offer small business owners the ability to acquire a business with as little as 10 percent down.
  • Preferred lenders usually offer market interest rates and repayment terms from seven to 25 years and no prepayment penalties on loans under 15 years, and these loans are also assumable (with qualification).
  • Preferred lenders are reputable and have a proven track record since they have an ongoing relationship with the SBA.

A Responsive Banking Partner to Help You Grow Your Business

Our Rising Bank team supports more than 6,000 businesses and nonprofits through loans, deposit accounts and treasury management services.  Our dedicated SBA specialists are ready to provide game-changing assistance, applying years of experience to help you secure the funds you need.

WHY WE RISE ABOVE THE COMPETITION

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Customized Solutions

We customize our banking solutions for each and every customer, offering a comprehensive list of products that meet your business needs.

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Coordinated Efforts

With all teams working in concert, you benefit from coordinated and agile efforts that maximize your yield from your banking operations.

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Personalized Service

We provide personalized service and a dedicated relationship manager, not a 1-800 number.

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Trusted Experience

Our team of dedicated SBA specialists are ready to provide game-changing assistance. We apply our years of expertise to help you navigate the SBA programs to secure the funding needed to grow your business.

SBA LOANS WITH RISING BANK

SBA 7(a)

  • Designed for businesses looking to acquire an existing business, buy-out a partner, expand to another location, purchase real estate or equipment, or those looking to combine any of these needs into one loan.
  • Appropriate for longer term financing for businesses with net worth below $15 million and an average net income below $5 million.
  • Loan amount is up to $5,000,000. Terms are up to 25 years for commercial real established up to 10 years for all other purposes.
  • Interest rates can be either fixed or variable.

SBA 504

  • Designed for businesses looking to expand through land or building acquisition, construction, or equipment purchase.
  • Appropriate for longer term financing for businesses with net worth below $15 million and an average net income below $5 million.
  • Loan amount is up to $7,000,000 for the Rising Bank portion and up to $5,000,000 for the portion funded by a Certified Development Company.
  • Terms are up to 25 years for commercial real estate and up to 10 years for machinery or equipment.
  • Interest rates are fixed or variable.