SBA Loans

If you are looking to start up or grow a business, a Small Business Administration (SBA) loan may give you the opportunity you need. An SBA loan is tailored to help small business owners, entrepreneurs and veterans by providing funds for capital needs such as equipment, inventory or real estate at a lower rate than a commercial business loan.

As an 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

Flexible SBA financing options are available for small businesses with cash flow or collateral shortfalls.

Program NameFinancing Need
Program Name

SBA Express

Financing Need

Loans up to $350,000

Program Name

SBA Express–Veterans Advantage

Financing Need

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.)

Program Name

SBA 7(a)

Financing Need

Loans up to $5,000,000

Program Name

SBA 504

Financing Need

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 PurposesMaximum Loan Term
Eligibility Loan Purposes

Purchase or renovate owner–occupied real estate or make leasehold improvements

Maximum Loan Term

25 years

Eligibility Loan Purposes

Equipment or inventory

Maximum Loan Term

10 years

Eligibility Loan Purposes

Business acquisition

Maximum Loan Term

10 years

Eligibility Loan Purposes

Working capital

Maximum Loan Term

7 years

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.

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

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By Phone

Call us at 800-BANK-BBT (800-226-5228).