SBA Borrowing Options

Bring your plans to life with flexible borrowing options

A Small Business Administration (SBA) loan can help you start or grow your business.

Get started with the Small Business Administration loan process - important (moves focus down)

Why consider SBA borrowing options from BB&T?

As an SBA Preferred Lender, BB&T partners with the US Small Business Administration to offer you a variety of flexible borrowing options, which can make it easier for you to repay your loan and put more cash back into your business.

Features

SBA borrowing options are partially guaranteed by the government, which allows BB&T to provide you with more flexible features such as:

  • Lower down payments = less out-of-pocket expense
  • Longer term loans = lower monthly payments
  • Competitive rates

As an SBA Preferred Lender, BB&T has the proven ability to successfully and efficiently process your borrowing needs while providing the outstanding client service and personal attention you deserve.

Uses

For owner operated, for profit companies, funds can be used to:

  • Start a business
  • Buy an existing business
  • Fund working capital
  • Purchase land or buildings
  • Make renovations
  • Construct owner occupied building(s)
  • Purchase equipment or inventory
  • Refinance debt

Advice

A trusted BB&T advisor can provide you with insights on your finances so you can focus on the performance of your business. Request an appointment (moves focus down) with a relationship manager to learn more.

For additional resources, you can also visit www.SBA.gov (opens in a new tab) or www.SCORE.org (opens in a new tab).

Be sure to bring the following items with you:

  • 3 years of business and personal tax returns
  • Current financial statement
  • Breakdown of project costs detailing how loan proceeds will be used
  • For commercial real estate transactions: copies of sales, land and construction contracts
  • For business startups: A business plan (including pro forma financial information) and a market feasibility study

Ready to get started?

By email

Contact the SBA Lending Group.

In person

Locate a branch.

Not convinced that an SBA loan is right for you?

Loans, lines of credit and credit cards are subject to credit approval.

Branch Banking and Trust Company, Member FDIC.