SBA Loans: A smart way to grow and expand.
Small Business Administration (SBA) loans provide attractive interest rates, and compared to typical term loans, provide longer repayment periods and lower down payments for both new and established businesses. They may even help your business qualify for financing more easily and receive more flexible terms.
You can use an SBA loan to cover many business projects and needs. A variety of SBA loans are available. The types of companies, uses for the loaned funds, and amounts that can be borrowed are diverse and flexible. Most small to mid-sized businesses meet SBA eligibility standards.
As an SBA Preferred Lender, American Bank has been given approval authority. We're part of the SBA's effort to streamline the process of providing financial assistance to the small business community.
Applying for an American Bank SBA Loan is simple. Click here to learn more about the process, and things that will help.