Online Banking
Banking built around you.
SBA U.S. Small Business Administration

SBA Loans

For more information, contact Rachel Thompson at 248-283-6482 or rthompson@bankofbirmingham.com.

Bank of Birmingham is honored to be recognized as a Preferred Lender with the Small Business Administration (SBA). The SBA loan programs offer attractive terms and advance rates that allow business owners to expand their businesses and to continue to focus on growth. Through the SBA, the Bank of Birmingham is able to offer competitive financing options, such as: up to 90% financing, up to 25 year terms, fully amortized loans (no balloon payment) and competitive rates. We will work with you to create the loan that best fits your needs. Some of the most popular programs include:

504 Program

Amortizing loans for projects up to $10 million intended for long term fixed asset purchases such as real estate, machinery and equipment.

7(a) Program

Amortizing loans of up to $5 million intended for acquisition of assets, refinancing and working capital.

SBA CAPLines

Lines of credit up to $5 million intended for short term revolving working capital.

SBA Express

Term loans and lines of credit up to $350,000 intended for acquisition of assets, refinancing and working capital.

SBA Export Express

Term loans and lines of credit up to $500,000 for businesses exporting their goods or services.

As an SBA Preferred Lender, we offer a streamlined application process and quicker turnaround time. If you wish to arrange a meeting with one of our experienced relationship managers to learn more about these financing opportunities for the growth and expansion of your business, please call 248-723-7200.