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SBA Loans

 

Lets team up for funding solutions for your business journey.

Contact a Business Banker

Opening Doors for Growth

Every small business has big dreams. We believe in turning those dreams into reality. SBA loans are designed to help businesses, whether you're just starting out, expanding, or taking on new opportunities. With government-backed assistance and flexible terms, these loans are ideal for businesses that might otherwise face challenges getting approved. 

From purchasing real estate to acquiring equipment or increasing working capital, SBA loans offer competitive rates, extended repayment options, and lower down payments, ensuring you have the resources you need to thrive. And with our local decision-making and experienced lenders guiding you, we make the process simple, seamless, and personal. 

Available for a wide range of needs: 

  • Commercial real estate purchase or construction
  • Business acquisition or expansion
  • Equipment and inventory purchases
  • Working capital for day-to-day operations
  • And much more 
Request Info
HBO_Website_SBA Loan

SBA 7(a) vs. 504 Loans:

SBA 7(a) Loan SBA 504 Loan
Which is Right for You?
Loan Purpose
Wide-ranging needs: working capital, equipment, real estate, or business acquisition
Major investments: land, buildings, construction, or large equipment purchases
Loan Amount
Up to $5 million
Up to $5.5 million
Term Length
7–25 years
Up to 25 years
Down Payment
Generally lower
Typically 10% or more
Interest Rates
Competitive variable or short-term fixed rates
Fixed rates for long-term
Prepayment Penalty
None for loans under 15 years
May apply based on loan terms
Best For
Expanding or buying businesses, equipment, or working capital
Large-scale investments and long-term projects
HBO_Website_Downtown commercial

Opening Doors for Growth

Both loan types are backed by the U.S. Small Business Administration, making them accessible options for businesses of all sizes.

With affordable payment plans and fully amortized loans, you’ll have peace of mind knowing you’re supported at every step. 
Small businesses are the backbone of our communities, and the right financing can make all the difference. Let me help you find solutions that support your goals.
RyanSouthard-1
Ryan Southard
Senior Vice President & Senior Commercial Loan Officer - NMLS 1082152
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Neighbor-Approved

For over 20 years, our Neighbors have trusted their Neighbors at Heritage Bank. You can, too.

Financial Empowerment

We take your local dollars and invest them locally with all local decisions. We listen and help instill financial confidence in our Neighbors.

Community Focus

We are more than a local bank; we see our customers as Neighbors. Community involvement isn’t just something we do; it’s who we are.

A Real Person,
Always.

Subject to credit approval. Terms and conditions, eligibility apply.

 

Turn Big Dreams into Bigger Realities

With SBA loans from Heritage Bank, you’re not just securing financing – you’re gaining a partner in your success.
Contact our expert lenders today to learn which SBA loan is right for your business. Visit us or call to get started.