As an SBA Preferred Lender, FirstBank has the knowledge and resources to help your small business get the financing it needs.
With thousands of small business loans, you can feel comfortable that we have the experience as well.
Customer Testimonial
"They get it, they get what you go through as an entrepreneur. They take care of us."
Chris Alcorn | Alcorn Construction, President
Approved to offer SBA loan products under SBA's Preferred Lender programs.
What Does it Mean to be an SBA Preferred Lender?
SBA Preferred Lenders are chosen by the SBA to streamline lending to small businesses based on their experience and proficiency processing and servicing SBA-guaranteed loans. Being a Preferred Lender allows us to be able to close SBA loans faster than lenders without the distinction.
What Can an SBA 7(a) Do for My Small Business?
The SBA 7(a) Loan Program is the SBA's most common loan program and it provides many solutions for small businesses. Typical uses include:
- Purchasing new furniture, machinery, or equipment
- Refinancing existing business debt
- Acquiring another company
- Partnership buy-ins or buy-outs
Can I Use an SBA 7(a) Loan for Construction Purposes?
SBA 504 loans are more appropriate for construction financing purposes. Visit our SBA 504 page or talk to a FirstBank loan officer today to learn more.
I Still Have Questions.
That's what we're here for - to help your business grow and become even more successful. We're happy to discuss the details of equipment financing or other ways to assist your business. Contact a loan officer today at businesslending@efirstbank.com, click on the Get Started button above and we'll contact you, or call us: