SBA Loans
Eagle Bank partners with the U.S. Small Business Administration (SBA) to provide financing solutions designed to help small businesses start, get established, and expand. SBA loans combine the flexibility of local banking with the strength of federal loan programs by offering favorable terms, lower down payments, and extended repayment options. Our commercial lending team works directly with you to navigate the process from application to approval, ensuring a smooth experience and a financing structure built with your business success in mind.
Why Choose an SBA Loan with Eagle Bank?
Flexible Terms
Longer repayment periods and lower equity requirements compared to conventional loans
Competitive Rates
Benefit from attractive financing backed by SBA guarantees. Local Expertise: Work directly with Eagle Bank lenders who understand both your business and the SBA process
Comprehensive Support
We’ll guide you through each step of the process from eligibility to funding
How It Works
SBA loans are offered through Eagle Bank but partially guaranteed by the U.S. Small Business Administration, reducing risk and helping more small businesses access capital.
| Here’s What You Can Expect: | |
|---|---|
|
Purpose |
Business expansion, equipment purchases, real estate acquisition, working capital, or refinancing existing debt |
|
Loan Programs |
SBA 7(a) and SBA 504 |
|
Loan Amount |
Varies by program and business need |
|
Term/Maturity |
Up to 25 years, depending on loan purpose |
|
Interest Rate |
Fixed or variable, determined at approval in accordance with SBA guidelines |
|
Down Payment |
As low as 10%, depending on loan type and collateral |
|
Guarantee |
SBA-guaranteed portion plus borrower/owner guarantee required |
|
Costs |
Fees and closing costs vary by program and loan size; may include SBA guarantee fees |