SBA Loans (Small Business Administration)

Manage your business safely with the protection provided by the Small Business Administration (SBA) ¹

From short- and long-term loans to revolving credit lines, our SBA products can be used to: 

 

  • Start up

  • Expand, or acquire a business

  • Acquire machinery and equipment

  • Purchase inventory

  • Purchase or make improvements to commercial real estate

  • Refinance existing business debt

  • Provide working capital

What are the different loan offerings?

SBA 7(a) Loan / Preferred Lender Program

7(a) loans provide long-term financing for a variety of business borrowing needs, such as working capital, business startup or expansion, inventory, leasehold improvements and acquisition of owner-occupied real estate.

 

SBA Express loan

The SBA Express loan program is designed to provide easy access to all eligible use of funds through a 50% SBA backed financing for loans and lines of credit up to $350,000.

 

SBA 504

SBA 504 loan program is designed to participate through a Certified Development Company (CDC) in order to help your small business meet its real estate and capital equipment needs.

For additional information

  • Small Business Administration

  • Virgin Islands Small Business Development Center

 

We are approved to offer SBA loan products under the SBA Preferred Lender Program, Veterans Advantage Lender, and SBA Express Lender Program. Also we offer financing for the SBA 504 program in participation with certified SBA corporations.

We are approved to offer SBA loan products under the SBA Preferred Lender Program, Veterans Advantage Lender, and SBA Express Lender Program. Also we offer financing for the SBA 504 program in participation with certified SBA corporations

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  • Small Business Banking for credit facilities up to $1 million
     

  • Commercial Banking for credit facilities over $1 million

 

Legal Disclaimer USVI

Member FDIC in USVI only. ¹Subject to credit approval. ²For commercial debts only. Evidence will be required.  The parameters for the programs may vary according to the Federal Agency, for more information visit www.sba.gov.

 

Disclaimer of BVI unavailability

This product is not available in BVI.

 

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