SBA Loans Nationwide
As a business owner, you have several options to consider when it comes to getting funding. Small Business Administration (SBA) loans are popular among business owners because they are available in a wide range of amounts and offer longer repayment terms. In addition, SBA loans can be used for many different purposes. These include launching a startup, buying another company, expanding an existing business, boosting working capital, refinancing business debt, and purchasing fixed assets. Ameris Bank offers the SBA’s 7(a) and 504/CDC loan programs to businesses nationwide, and we are proud to be part of the SBA’s Preferred Lender Program (PLP).
- SBA Preferred Lender
Flexible terms to improve repayment ability and preserve working capital
Terms as long as 25 years
Real estate loans
Business acquisition financing
Equipment, working capital and inventory loans
Fast loan processing, competitive loan rates and one-on-one service
Reduced equity requirements
Benefits of choosing an
SBA Preferred Lender
Ameris Bank became part of the SBA Preferred Lender Program (PLP) based on its track record of success with the Small Business Administration and small business owners. The Preferred Lender status means that Ameris Bank has the authority to make approval decisions on SBA loans, which can accelerate the entire process. The reason is that Ameris Bank can review and administer your loan application in-house instead of sending it to the Small Business Administration for approval.
Banks and lenders that are SBA Preferred Lenders are required to complete a stringent recertification process every two years. So, you can feel confident knowing that Ameris Bank meets the highest standards set forth by the Small Business Administration.
SBA Financing Options
Ameris Bank offers loans through two major Small Business Administration programs. This chart can help you identify which type of financing might be appropriate for your business.
SBA 7(a) Term Loan
SBA 504 Term Loan
|Loan or Line of Credit||Term loan from $400,000 – $5,000,000||Term loan from $400,000 – $6,000,000 (Maximum of $5,000,000 for public policy and $5,500,000 for small manufacturers)|
|Ideal for||For-profit businesses and experienced business owners starting a business||Businesses with a net worth of $15 million or less and average net income of less than $5 million over the past two years|
|Benefits||Offers flexibility, longer terms, and lower down payments compared to other types of business financings||Offers long term financing for long-term fixed assets|
|Use of Funds||
||Purchase of commercial real estate, expansion of existing operations, funds to help local economy create jobs or purchase of machinery or equipment|
||Fixed Rate Loan rate is set when debenture is sold|
The attentive, responsive customer service you want
Ameris Bank is here to help you navigate through every step of the SBA loan process. Our knowledgeable SBA bankers, loan underwriters, and loan processors work diligently behind the scenes to ensure everything goes smoothly. Your primary contact will be one of our SBA bankers, who can answer any question and provide assistance and recommendations if needed. Ameris Bank’s longstanding commitment to exceptional customer service and our SBA Preferred Lender status has made us the choice of businesses in many different industries, a partial list of which is below.
SBA Lending Friendly Industries
Convenience stores and gas stations
Certified public accounting firms
YOUR SUCCESS IS OUR JOB
We're here to help every step of the way.
* All loans subject to credit approval.
Ameris Bank is a full-service financial institution providing SBA loans nationwide. Contact us to learn more. We offer a variety of competitive small business lending products.