SBA Loans

West Chester, PA

SBA Loans: Flexible Financing Solutions

Considering your business financing options? Meridian Bank’s SBA (Small Business Administration) Lending Team has the experience to help your business grow. By leveraging the advantages of SBA financing, you can enjoy easier qualification, lower down payments, and less collateral than most standard conventional loans.

As an SBA Preferred Lender and licensed participant in the SBA Lending Program, we provide SBA financing to a wide variety of industries. Our goal is to ensure the success of your venture through bespoke financing, reliable counsel, and a quick closing.

An SBA loan from Meridian Bank can be used to:

Purchase commercial owner-occupied real estate
Purchase a business
Expand your business
Transition ownership of a business
Refinance debt
Purchase machinery and equipment
Construct a building
Renovate existing property
Finance inventory and provide working capital
Finance accounts receivable
Franchise loans

Which Type of SBA Loan is Right for You?

Real Estate Loans Up to $5 Million

Purchase, refinance, construct or renovate owner-used commercial real estate.

Up to 90% financing
Up to 25 years fully amortized
Owner-user to occupy at least 51% of existing building and at least 67% of new construction
First and second mortgages are assumable to qualified borrowers

Business Loans Up to $5 Million

Covers a wide variety of industries.

Business Acquisition:

Up to 90% financing (10% cash down)
Up to 10 years fully amortized

Equipment Acquisition:

Up to 100% financing
Up to 10 years fully amortized

Debt Refinance:

Up to 25 years fully amortized for real estate
Up to 10 years fully amortized for non-real estate

Inventory and Working Capital

Includes line of credit
Up to 10 years fully amortized

Franchise Loans – Nationwide:

Finance the start-up of a franchise: purchase, renovate, construct and refinance
Loan amounts from $250,000 to $5 Million
Loan terms from 7 to 25 years
Highly competitive rates and fees

SBA Express

These loans, which can also be used as a revolving line of credit, are a great option for small businesses who need financing decisions quickly.

Loan amounts from $50,000 to $350,000
Loan terms up to 7 years

Export Express

A loan designed specifically for exporters, the Export Express is for businesses that are at least a year old.

Loan amounts up to $500,000
Line of credit or term loan

Export Working Capital

For larger exporters that need working capital to support their sales.

Loan amounts from $5,000,000
Line of Credit

International Trade (IT)

The International Trade loan can be used to fund working capital, equipment, and/or real estate to support growing export sales and international trade.

Loan amounts from $350,000 to $5,000,000
Loan terms from 7 to 25 years

CAPLine Loans

For small businesses that have been operating for at least one year. The CAPLine loan program helps small businesses meet their short term working capital needs. The series features multiple lines of credit for specific uses:

Working CAPLine: Secured by your receivables and inventory
Contract CAPLine: Finances up to 100% of labor and material costs to fulfill a specific contract
Seasonal CAPLine: Finances seasonal increases of inventory or increased labor costs

USDA B&I Up to $10 Million

Real estate acquisition or expansion; working capital; purchase of business, machinery, equipment, furniture, and fixtures.

Up to 90% financing
Up to 30 years fully amortized for real estate
Up to 15 years fully amortized for equipment
Owner-user occupied real estate

Ready to Get Started?

Our experienced and diligent SBA Lending Team will review your financial considerations, make a thorough and expeditious evaluation, and provide the best options for you and your business. We can also prequalify a potential borrower at no cost within 48 hours from receipt of the necessary financial information. Prequalification saves you time, simplifies and accelerates the loan process, and provides a realistic roadmap to structuring the transition. If you’re ready to get started, or have questions about the process, we’re always available to talk. Give us a call or email today to find out how Meridian can help you and your business:

Rocco Perate
sba@meridianbanker.com
215.454.2864