SBA Loans

SBA Loans

Work with an SBA Preferred Lender

Do you need to finance the startup of a new business? Looking to buy an existing business or expand your current operation? A Small Business Administration (SBA) loan from PlainsCapital Bank is just what you need to accomplish your goals and take your business to the next level.

PlainsCapital bank is an SBA Preferred Lender. This means we can process your loan quickly, closing loans in weeks, not months.

At PlainsCapital Bank, We Provide:

  • Local approval, no remote underwriting
  • A banking relationship, not just a loan
  • Dedicated SBA specialists who can turn your request around fast
  • Clear, easy-to-understand process with complete communication every step of the way

Benefits of an SBA Loan

The SBA has supported small businesses for more than 50 years, providing loans, loan guarantees, counseling, and other assistance. SBA loans are more beneficial to small businesses than conventional loans because they allow for:

  • Up to 90% financing
  • Terms up to 25 years
  • Offset collateral shortfalls
  • Projected income consideration

A Variety of Loans to Fit Your Needs

SBA Advantage loans (formerly known as 7(a) loans) up to $5 million for general business purposes, including:

  • Working capital
  • Startup financing
  • Business acquisition or expansion
  • Equipment and inventory financing
  • Accounts receivable and inventory financing

SBA Grow loan program (formerly known as 504 loans) up to $12 million for real estate acquisition or new construction:

  • Up to 90% new financing, including closing costs
  • Fixed rates with longer terms than conventional financing
  • Flexible loan approval

See our FAQs for more information about SBA Loans.