FAQs

SBA (Small Business Administration) loans are designed to assist small businesses in obtaining funding with favorable terms and conditions. The SBA doesn't typically provide direct loans; instead, it guarantees a portion of the loan made by approved lenders, like FNBCC Small Business Lending. This guarantee mitigates the risk, allowing us to offer loans to small businesses that might not otherwise qualify for conventional financing.

We offer a range of SBA loan programs to meet the diverse needs of small businesses. These include:

SBA 7(a) Loans:

  • Versatile financing for various purposes, including working capital, equipment purchase, and debt refinancing.
  • Loan amounts up to $5 million, with longer repayment terms to enhance affordability.
  • Guarantees ranging from 50% - 90% which helps to increase your chances of loan approval.

 

SBA 504 Loans:

  • Designed for businesses looking to acquire fixed assets such as real estate and equipment.
  • Long-term, fixed-rate financing with lower down payments.
  • High loan to value ratios.

 

SBA Express Loans:

  • Expedited approval process for quick access to capital.
  • Loan amounts up to $500,000, providing smaller businesses with the financial flexibility they need.
  • Ideal for businesses requiring a streamlined application process and faster funding.

Yes, sometimes closing costs can be included in the loan, simplifying the financing process for businesses. This option provides added convenience, allowing businesses to wrap the associated costs into the overall loan amount rather than dealing with them separately.

Eligibility for an SBA loan is contingent on meeting specific criteria established by the Small Business Administration. Businesses must align with the SBA's size standards, and operate in a for-profit industry. To determine eligibility and explore financing options, initiating a conversation with our team at FNBCC is crucial. We will guide you through the application process, ensuring compliance with SBA guidelines and tailoring a solution to fit your business needs.

SBA (Small Business Administration) loans are designed to assist small businesses in obtaining funding with favorable terms and conditions. The SBA doesn't typically provide direct loans; instead, it guarantees a portion of the loan made by approved lenders, like FNBCC Small Business Lending. This guarantee mitigates the risk, allowing us to offer loans to small businesses that might not otherwise qualify for conventional financing.

We offer a range of SBA loan programs to meet the diverse needs of small businesses. These include:

SBA 7(a) Loans:

  • Versatile financing for various purposes, including working capital, equipment purchase, and debt refinancing.
  • Loan amounts up to $5 million, with longer repayment terms to enhance affordability.
  • Guarantees ranging from 50% - 90% which helps to increase your chances of loan approval.

 

SBA 504 Loans:

  • Designed for businesses looking to acquire fixed assets such as real estate and equipment.
  • Long-term, fixed-rate financing with lower down payments.
  • High loan to value ratios.

 

SBA Express Loans:

  • Expedited approval process for quick access to capital.
  • Loan amounts up to $500,000, providing smaller businesses with the financial flexibility they need.
  • Ideal for businesses requiring a streamlined application process and faster funding.

Yes, sometimes closing costs can be included in the loan, simplifying the financing process for businesses. This option provides added convenience, allowing businesses to wrap the associated costs into the overall loan amount rather than dealing with them separately.

Eligibility for an SBA loan is contingent on meeting specific criteria established by the Small Business Administration. Businesses must align with the SBA's size standards, and operate in a for-profit industry. To determine eligibility and explore financing options, initiating a conversation with our team at FNBCC is crucial. We will guide you through the application process, ensuring compliance with SBA guidelines and tailoring a solution to fit your business needs.

USDA B&I (Business and Industry) loans are designed to support a variety of for-profit or non-profit businesses in rural areas, as well as some agricultural-related businesses in urban areas like cooperatives and local food projects. These loans offer competitive interest rates and flexible terms, helping businesses that operate in rural areas with financing for expansion, job creation, and infrastructure development. FNBCC Small Business Lending can guide businesses through the application process and structure loans to meet your exact needs.

Initiating the application for a small business loan begins with a simple yet crucial step – engaging in a conversation. Our experienced team is ready to understand you and the unique needs of your business. Reach out to us via telephone, email, or through this website, and we'll direct you to the right loan program, seamlessly guide you through the application requirements, and provide assistance in preparing the necessary documentation.

We take pride in offering small business loans with transparent and borrower-friendly terms. One key feature that sets our loans apart is the absence of balloons, covenants, call provisions, or future fees. This means that, unlike some other financing options, our loans provide certainty and clarity, allowing businesses to plan and manage their finances without the uncertainty of unexpected terms or additional costs. We believe in offering straightforward and flexible financing solutions to support the success of your business.

We serve a wide range of industries nationwide, including:

  • Retail Businesses
  • Service Industries
  • Food and Beverage
  • Healthcare
  • Manufacturing
  • Construction
  • Hospitality
  • Transportation
  • Technology
  • Agriculture
  • And More

USDA B&I (Business and Industry) loans are designed to support a variety of for-profit or non-profit businesses in rural areas, as well as some agricultural-related businesses in urban areas like cooperatives and local food projects. These loans offer competitive interest rates and flexible terms, helping businesses that operate in rural areas with financing for expansion, job creation, and infrastructure development. FNBCC Small Business Lending can guide businesses through the application process and structure loans to meet your exact needs.

Initiating the application for a small business loan begins with a simple yet crucial step – engaging in a conversation. Our experienced team is ready to understand you and the unique needs of your business. Reach out to us via telephone, email, or through this website, and we'll direct you to the right loan program, seamlessly guide you through the application requirements, and provide assistance in preparing the necessary documentation.

We take pride in offering small business loans with transparent and borrower-friendly terms. One key feature that sets our loans apart is the absence of balloons, covenants, call provisions, or future fees. This means that, unlike some other financing options, our loans provide certainty and clarity, allowing businesses to plan and manage their finances without the uncertainty of unexpected terms or additional costs. We believe in offering straightforward and flexible financing solutions to support the success of your business.

We serve a wide range of industries nationwide, including:

  • Retail Businesses
  • Service Industries
  • Food and Beverage
  • Healthcare
  • Manufacturing
  • Construction
  • Hospitality
  • Transportation
  • Technology
  • Agriculture
  • And More

It’s Time to Turn Your Aspirations Into Reality

Join the FNBCC family today and experience a true partnership dedicated to your success. As your financial ally, we're committed to helping you throughout the life of your loan.

Getting Started is Easy

Whether you're seeking funds for Business Acquisitions, Partner Buyouts, Franchise Startups, Commercial Real Estate, or another venture, FNBCC Small Business Lending is here to guide you.

Toll Free

833-281-5626

Email

sba@fnbcc.com

LinkedIn

@mcleanlee

YOUR SBA PREFERRED LENDING PARTNER