SBA Loans

As a Small Business Administration (SBA) Preferred Lender, BB&T has lending programs that extend beyond the scope of standard financing by providing flexible terms to improve repayment ability and preserve working capital.

  • Fast loan processing, competitive rates, and attentive customer service
  • Favorable financing options on merited transactions for business acquisitions or commercial real estate
  • Extended term options for multiple business purposes

Programs

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 Express–Veterans Advantage Loans up to $350,000 (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 7(a) Loans up to $5,000,000
SBA 504 Financing for large, long–term fixed assets

Eligibility

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

Benefits

BB&T has been designated as an SBA Preferred Lender because of our proven SBA underwriting and processing efficiency. This means:

  • Faster loan processing for you and your business
  • Competitive rates
  • An array of products designed for the needs of small businesses

BB&T is continually ranked as one of the top small-business-friendly banks in the US by the SBA. At BB&T, you can be assured of excellent service and the personal attention you deserve.

Get Started

To get started, you will need to meet with your BB&T relationship manager to discuss the following information:

  • A completed SBA application package (available from your BB&T relationship manager)
  • Three years of business and personal tax returns
  • A current financial statement
  • A breakdown of project costs detailing how loan proceeds will be utilized
  • For commercial real estate transactions: a copy of sales, land, and construction contracts
  • For business startups: a business plan (including proforma financial information) and a market feasibility study

Open an Account

Visit a BB&T Financial Center
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