Business People Shaking Hands

At FNB Small Business Finance, we know that every small business owner has unique needs when it comes to long-term financing for their business. Whether you’re looking to start, acquire, or expand your business, our team is here to help! With decades of expertise, we can be creative with how we structure your SBA loan. This can include:

Flexible rate structures

Interest rates can have a major impact on how quickly you can repay your loan, and how much you will pay over the life of the loan. Luckily, we offer some of the most competitive rate structures available in SBA lending, including 3- and 5-year fixed rates and quarterly variable rates. Your Business Development Officer will work with you to find a rate structure that best fits your needs. To view our current rate structure options, click here.

Longer loan terms

Many conventional business loans have shorter loan terms, ranging between 3 to 10 years on average. If you’re planning to borrow a sizeable amount, that can affect the affordability of your monthly payments. With our SBA loan products, we can offer loan terms that range from 10 to 25 years – with no balloon payments. This will ensure that your monthly payments are within your budget, with no surprise lump sum due at the end of repayment.

Multiple uses of proceeds in one loan

Depending on your project, you might have many needs that require financing. If you’re looking to start a business, for example, you’ll likely need funding for leasehold improvements, furniture, fixtures, and equipment, as well as working capital to maintain cash flow in the business. Conventional business loans would require a separate loan for each need, but not with SBA lending! We can include all of your financing needs in one loan to make repayment easy.

We know that SBA loans aren’t one-size-fits-all. That’s why we take the time to learn about you and your business goals, so we can craft a financing solution to help you achieve them. With our Preferred SBA Lender Status, we are able to quickly process your loan so you’ll have access to the funding you need.

Want to learn more about our customized SBA loans? Contact one of our Business Development Officers today!