SBA LOANS
Fueling small business growth
CFSB is a trusted partner in nurturing local businesses. Our SBA loan program is designed to empower small businesses like yours with the financial resources needed to thrive and succeed. Whether you're looking to start a new venture or expand an existing one, our team is here to guide you through the process and help you access the funding you need.
What is an SBA Loan?
SBA loans are a cornerstone of small business financing, backed by the U.S. Small Business Administration (SBA). These loans offer flexible terms and competitive rates, making them an ideal solution for entrepreneurs and small business owners seeking capital for various purposes, including:
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Starting a new business
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Purchasing equipment or inventory
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Expanding operations
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Refinancing existing debt
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Funding working capital needs
Reach out to one of our knowledgeable loan officers to discuss your financing needs and learn more about our SBA 7(a) loan program.
1. Contact Our Team
We'll provide you with a list of required documents, which may include business financial statements, tax returns, and a business plan.
2. Gather Required Documents
Our team will assist you in completing the SBA 7(a) loan application and submit it on your behalf.
3. Complete Application
Once your application is submitted, our team will work diligently to secure approval for your loan.
4. Await Approval
Upon approval, you'll receive the funds you need to fuel your business growth and achieve your goals.
5. Receive Funding
How to apply for an SBA Loan?
Ready to take the next step toward securing funding for your small business? At CFSB, we can assist businesses with SBA 7(a) loans. These loans are designed for business looking to purchase a business, equipment, or real estate; construct a building; renovate a property. Here's how to apply for an SBA 7(a) loan: