SBA Loans

The Small Business Administration (SBA) is a federal agency that helps new businesses get started and established, small businesses grow. Your small business may qualify for financing more easily and receive more flexible terms through SBA lending, which can help preserve your working capital for other expenses.  Timberland Bank is approved to offer SBA loan products under the SBA's GP and Express Lender Programs.

Explore the SBA loan programs offered at Timberland Bank below, or click here to compare all features and benefits at a glance. When you're ready to take the next step please contact us to connect with a local Timberland Bank Business Lender.

SBA 7(a) Loan Program

Whether purchasing new equipment or expanding real estate, the SBA 7(a) loan program is flexible and helps provide the working capital that a business may need. Features include:

  • Fixed and variable rates available

  • Longer loan terms

  • No balloon payments

SBA 504 Loan Program

The SBA 504 loan program is ideal for owner-operated, for-profit businesses. Business owners receive up to 90% financing for the purchase, construction, and renovation of owner-occupied real estate or for purchasing machinery and equipment. Features of SBA 504 include:

  • Fixed rates available at 10, 20 and 25 year

  • Up to 90% financing

SBA Express

The SBA Express Loan or Line of Credit features the easiest SBA application process and accelerated approval times. Plus, this program offers longer terms and lower down payment requirements than conventional loans. In addition, SBA Express provides:

  • Accelerated approval

  • Flexible repayment terms