As a Small Business Administration (SBA) Preferred Lender, we have lending programs that extend beyond the scope of standard financing. We provide flexible terms to help improve your repayment ability and preserve working capital.
Flexible SBA financing options are available for small businesses with cash flow or collateral shortfalls.
|Program Name||Financing Need|
|SBA Express||Loans up to $350,000|
|SBA Patriot Express||Loans up to $500,000 (For qualified US Veterans [not dishonorably discharged], Service-Disabled Veterans, Active Duty Military, current Reservists and National Guard members and their current/surviving spouses.)|
|SBA 7a||Loans up to $5,000,000|
|SBA 504||Financing for large, long-term fixed assets|
To qualify, your business must be a for-profit, owner-operated company. Your BB&T relationship manager will help determine if you qualify and advise what loan to request.
|Eligibility Loan Purposes||Maximum Loan Term|
|Purchase or renovate owner-occupied real estate or make leasehold improvements||25 years|
|Equipment or inventory||10 years|
|Business acquisition||10 years|
|Working capital||7 years|
BB&T has been designated as an SBA Preferred Lender because of our proven SBA underwriting and processing efficiency. This means:
BB&T is continually ranked as one of the top small-business-friendly banks in the U.S. by the SBA. At BB&T, you can be assured of excellent service and the personal attention you deserve.
To get started, you'll meet with your BB&T relationship manager to discuss the following: