Close
Small Business Administration Loans
Routing number: 221571473
Close
Personal
Digital Banking
Not enrolled? Sign up here.
Apply online:
Personal Loan
Manage your products and services:
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
Ready to open your account? Review the help guide
Make sure you have the following documents available before starting the process.
-
Business tax returns for the last 2 years or financial statements prepared by a CPA3
-
Interim financial statements (if the latest statement is more than 6 months old)
-
Personal financial statement that is recent, as of the date of origination
- Business background or plan
-
Corporate documents, as applicable, depending on the legal entity
- Corporate resolution
-
Other documents may be requested, as required
Additional requirements for loans under the SBA Express program
-
Projected income and expenses for 3 years (if the business has been established for less than 2 years)
- Personal financial statements or SBA Form 413 Personal Financial Statements
Contact Us
-
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.