Use an SBA loan to help grow your business

Insightful expert advice

Our SBA lending team is here to support you with any challenges your business may be facing. Plus, we're ranked among the top 10% of SBA lenders nationally.1

Flexible borrowing options

Our SBA loans give you favorable options to help your small business succeed, such as flexibility in equity investment, funds for operating costs and more.

Longer repayment terms

We want your business to excel. Get lower monthly payments to help you save or use capital for your business needs.  

What's an SBA loan?

SBA loans are provided through participating lenders, such as CIBC, to provide flexible terms to small businesses across the country. To qualify for SBA loans, you must complete an SBA questionnaire, be of good character, and have good credit history. You must also show that you're able to repay the loan. and in some cases, have the required equity injection in your business.

Choose the right SBA loan for you

7(a) loans

A loan that's used for business acquisition, real estate purchases, equipment, expansion, inventory, leasehold improvements, debt refinance and working capital.  

  • Borrow up to $5 million
  • 7-to 10-year term for most business purposes and up to a 25-year term for real estate
  • Competitive low interest rates

  • For-profit company based in the US
  • Demonstrate a business need for a loan
  • Not delinquent on any exist debt to the US government
  • Have a net worth of less than $15 million
  • Have an average net income of $5 million or less (after income tax) for the two years preceding your application

504 loans

A loan for for real estate or equipment where the bank lends 50% of the cost. The Certified Development Companies (CDC) covers up to 40% and the borrower contributes 10% in equities.

  • Borrow up to $5 million in lending from the CDC
  • 10-year term, 20-year term and 25-year term 
  • Competitive low interest rates

  • For-profit company based in the US
  • Demonstrate a business need for a loan
  • Not delinquent on any exist debt to the US government
  • Have a net worth of less than $15 million
  • Have an average net income of $5 million or less (after income tax) for the two years preceding your application

SBA Express

A loan that's used for revolving lines of credit or term loans. It's a quick and easy way to receive  government-guaranteed financing for your business.

  • Borrow up to $500,000
  • Up to a 10-year term
  • Competitive low interest rates

 

  • For-profit company based in the US
  • Demonstrate a business need for a loan
  • Not delinquent on any exist debt to the US government
  • Have a net worth of less than $15 million
  • Have an average net income of $5 million or less (after income tax) for the two years preceding your application

Want more information? 

The U.S. Small Business Administration provides business insights and more details about funding programs. Visit their website to learn more about SBA loans Opens in a dialog..

Interested in an SBA loan?

Fill out the form and our SBA lending team will get back to you within 2 business days.

Set up your business for success

Count on expert advice

We're proud to be in the top 10% of all SBA lenders in the US.You'll have a team of specialists, including a Relationship Manager, Portfolio Manager and Client Specialist, dedicated to help you with your business goals and needs. Together, we can help keep your business on the right track. 

Manage your finances in one place

Our comprehensive suite of services to manage your cash and liquidity are delivered through an intuitive online banking system, Business NetBanking (BNB), where you can view balances and transactions, initiate payments, manage Positive Pay exceptions and more, all in one portal.

Learn more about our treasury management

Our small business success stories

$4,700,000

7(a) loan used to buy out a partner and purchase real estate for a spice manufacturer in Illinois. 

$950,000

7(a) loan used to buy equipment for a technology security services company in Ohio.

$456,000

7(a) loan used to acquire a home care business in Wisconsin.