One thought on “How do I start the process of obtaining an SBA loan?

  1. Arti says:

    If you have established a relationship with Columbia Bank, the best way to start is to contact your local branch. Maximum terms are 25 years for real estate, 10 years for equipment and 7–10 years for working capital. Successful, expanding businesses are ideal candidates for SBA loans. With a few limitations, SBA loans can be used to refinance existing business debt. A unique feature of SBA loans is that they can provide term financing for working capital. SBA loans are commonly the best choice for financing the purchase of a business. Almost anything you can think of can be financed with an SBA loan. Most businesses qualify. We make SBA loans to new business as well as to ones established generations ago with dozens of employees and several million dollars in annual revenues. We make SBA loans to new business as well a They will work with you and our Community Financial Resources department to facilitate your needs. We will assist you through every step of the process, answering questions, providing guidance and being an advocate for you.

Leave a Reply

Your email address will not be published. Required fields are marked *