An SBA loan is financing for an eligible small business provided through a participating lender under a U.S. Small Business Administration program. With SBA 7(a) loans, the SBA guarantees a portion of the lender’s loan. SBA 504 financing typically combines a bank loan with financing arranged through a Certified Development Company.

The SBA does not provide most of these loans directly to business owners. Integrity Bank & Trust can help walk you through the steps to apply and work through your lender.

SBA loans are generally available to eligible, for-profit small businesses operating in the United States. The business must meet applicable SBA size standards and demonstrate a reasonable ability to repay the loan.

The lender will also consider factors such as credit history, business cash flow, management or industry experience, available equity, and the purpose of the financing.

Yes. SBA 7(a) financing may be used for a complete or partial change of ownership, including the purchase of an existing business.

Integrity Bank & Trust will typically review the purchase price, business valuation, historical cash flow, buyer experience, equity contribution, transition plan, and overall transaction structure.

Yes. An employee, manager, or other qualified buyer may use SBA financing to acquire a business from a retiring owner.

Starting the lending conversation early gives the buyer, seller, and lender more time to evaluate the business, plan the ownership transition, and structure the financing.

An SBA 7(a) loan may support an eligible full or partial change in ownership, including a partner buyout.

The appropriate structure will depend on the current ownership percentages, business valuation, company cash flow, buyer qualifications, and applicable SBA requirements.

Yes. SBA financing may be used to purchase, construct, renovate, or improve eligible owner-occupied commercial real estate.

SBA 7(a) financing can support real estate along with other eligible business needs. SBA 504 financing is specifically designed for major fixed assets such as owner-occupied real estate and long-life equipment.

Eligible business debt may be refinanced under certain SBA guidelines. The original use of the debt, current repayment terms, payment history, collateral, business benefit, and proposed new structure will be reviewed.

Because refinancing requirements vary by program and transaction, an early review with a preferred SBA lender like Integrity is important.

SBA 7(a) is the broadest and most flexible program. It may be used for business acquisitions, partner buyouts, working capital, equipment, eligible debt refinancing, and owner-occupied real estate.

SBA 504 is focused on major fixed assets such as owner-occupied commercial real estate, construction, improvements, and long-life equipment.

SBA Express is a streamlined 7(a) option for smaller eligible term loans or revolving lines of credit. An SBA lender like Integrity Bank & Trust can help determine which structure best fits the transaction.

The required borrower equity contribution depends on the program, use of funds, business history, transaction structure, collateral, cash flow, and borrower qualifications.

SBA financing may allow qualified borrowers to contribute less equity than some conventional financing options, but there is no single down-payment percentage that applies to every transaction.

SBA loan rates depend on the program, loan amount, repayment term, market conditions, transaction structure, and borrower qualifications.

Some SBA loan structures use fixed rates, while others use variable rates. The SBA also establishes maximum rates for certain programs. Talk to an Integrity SBA lender for current rates and terms based on your financing request.

The timeline varies based on the SBA program, transaction complexity, document readiness, underwriting, and any third-party reports that may be required.

A business acquisition, for example, may require a valuation, while a real estate transaction may involve an appraisal or environmental review. Beginning with prequalification can help clarify the likely process and information requirements early.

Yes. Integrity Bank & Trust has SBA lending capability inside of El Paso County currently.

Local businesses and buyers receive the added benefit of working with a local, employee-owned bank whose lenders and decision-makers are close to home.

You don’t need to have everything figured out before reaching out. Simply be prepared to tell us about your business, what you’re hoping to accomplish, and your approximate financing needs.

If it looks like an SBA loan is a good fit, we’ll walk you through the process and let you know exactly what information and documentation we’ll need based on your specific transaction.