SBA Loans
Small Business, Big Opportunity
Join other business owners nationwide who have trusted us to help them secure the financing they needed.
Owner-Managed
Nationally Recognized
5-Star Rated
SBA Loan Programs
7(a) Loan Program may be used for working capital, inventory, machinery & equipment, debt refinancing, business expansions, and acquisition of an existing business – Loan amounts up to $5 million
7(a) At-A-Glance
Maximum Loan Size
$5 million
Repayment Terms
Up to 25 years
Pricing
Variable and multi-year adjustable
Prepayment
5-3-1 for loan terms greater than 15 years
Borrower Type
For-profit business
504 Loan Program provides long–term financing for businesses seeking to buy, construct or renovate owner-occupied commercial real estate – Loan amounts up to $5.5 million – Down payments as low as 10% – Low fixed rates & fully amortized schedules.
504 At-A-Glance
Maximum Loan Size (up to 3 projects)
$16.5 million
Repayment Terms
Up to 25 years
Pricing
Floating or fixed available
Prepayment
Bank Loan: 2-5 years declining
SBA Bank Loan: 10 years declining
Borrower Type
For-profit business
SBA Express has a simpler loan application and quicker loan closings for smaller SBA loans – Revolving and term financing options – Loan amounts of up to $500,000
SBA Express At-A-Glance
Maximum Loan Size
$500,000
Repayment Terms
Up to 25 years
Pricing
Variable and multi-year adjustable
Prepayment
5-3-1 for loan terms greater than 15 years
Borrower Type
For-profit business
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Customer Success Stories
When I compare my experience at Time Bank to the other banks that I have spoken with, it is clear that the traditional, concierge service they offer is what sets them apart. Their SBA department was the most knowledgeable and diligent of all the banks I dealt with, and they made the process fast and easy. Every member of their staff has been cordial and responsive, often going out of their way to address my needs. I will continue to do my business and personal banking with Time Bank, and I will continue to recommend them to my peers.
It’s the best experience I’ve had with a bank so far. I’m extremely happy with the SBA process, and I recommend Time Bank to people I know.