» Business Banking » SBA Lending
SBA Lending from Columbus First Bank
- Owner-occupied Commercial
- Real Estate
- Practice and Business
- Acquisition Loans
- Partner Buyouts
- Commercial Debt Refinance
- Equipment and Fixtures
Loans from the U.S. Small Business Administration (SBA) can be a smart way for small businesses to access the capital they need to grow and operate successfully, typically offering lower upfront requirements and more flexible payments terms than conventional financing.
Business that meet the SBA requirements can find a number of loan options to aid in the purchase of real estate, expanding their business operations and working capital, or even refinancing debt.
Benefits of SBA financing
For many businesses, SBA loans provide significant advantages over other financing options, including:
- Longer repayment terms – up 25 years with no balloon payments.
- Lower down payments – as little as 10% on commercial real estate
- Limited or no prepayment penalties
- Fixed or variable interest options
- Ability to finance loan closing costs
As a preferred SBA lender, our specialists will work with to you complete your loan application, making sure it meets all the agency's requirements, and help you decide which type of loan best meets your current and future needs.
For more information about SBA financing, contact one of our lending specialists at (614) 310-7200 or through our convenient email form.
Matt Ray tells how Columbus First made his plans a reality