The Capital You Need to Help Your Small Business Grow
Small businesses are the foundation of the American economy. Whether you are looking to expand your small business, purchase equipment, or refinance, a Small Business Administration (SBA) loan from First Enterprise Bank can help your company prosper.
SBA loans are long-term small business loans that are partially guaranteed by the government. SBA loans provide flexible terms, easier qualification, and lower down payment requirements than conventional loans.
First Enterprise Bank offers loans through three Small Business Administration programs*:
SBA 7(a) Loan
Max Loan Amount
$5,000,000
Term
Up to 25 years
Use
Working Capital
Furniture / Fixtures
Equipment
Acquisitions
Real Estate
Rates
Fixed and Variable Rates Available
SBA 7(a) Express Loan
Max Loan Amount
$350,000
Term
Up to 25 years
Use
Working Capital
Furniture / Fixtures
Equipment
Acquisitions
Real Estate
Rates
Fixed and Variable Rates Available
SBA 504 Loan
Max Loan Amount
$12,500,000
Term
Up to 25 years
Use
Fixed Assets
Rates
Fixed Rate
* Loans are subject to credit approval. Maximum loan amounts may apply. All applicants may not qualify for an SBA loan