SBA & USDA Lending
Take your business to the next level
Accessible capital, expert guidance and partnership every step of the way
Your path to small business success starts here
When you work with Atlantic Union Bank’s Small Business Administration (SBA) lending team, you’ll benefit from our financial resources, industry expertise and streamlined execution. Sit down with a team member who is committed to listening, providing guidance and finding solutions to help you succeed.
As a Preferred SBA lender, we offer:
- Equity injections (down payments) as low as 10%
- Longer repayment terms (up to 25 years for owner-occupied real estate fully amortized)
- No balloon payments
- No pre-payment penalties for loans with maturities of less than 15 years
- Flexible collateral structure
- Financing up to $5,000,000
- A streamlined process that saves you time
We help businesses like yours nationwide. Here are some loans we recently closed.
$1,248,700 Partner Buyout
Health Services, Kansas
$560,000 Real Estate Purchase
Child Care, North Carolina
$378,000 Business Acquisition
Pet Care, Texas
What’s the difference between an SBA 7(a) Loan and a 504 Loan?
SBA 7(a) Loan
SBA 7(a) loans can be used to buy a business or obtain working capital. They can cover business acquisitions, new franchises, partner buyouts, debt refinancing or the purchase of furniture, fixtures and supplies. We complete underwriting for the 7 (a) loan in house and offer fixed or variable rates.
SBA 504 Loan
An SBA 504 loan is commercial real estate financing for owner-occupied properties. With a fixed-rate SBA 504 loan, money can be used to buy a building, finance construction or site improvements or purchase machinery and equipment to improve or expand operations.
USDA Business & Industry Rural Development Guaranteed Loan Program
In addition to SBA financing, we also offer small and medium sized businesses loans through the USDA Business & Industry Rural Development Guaranteed Loan Program. This program helps creditworthy businesses in eligible rural areas access longer terms and more flexible financing for projects such as facility purchases or expansions, equipment, working capital and business acquisitions. USDA provides a partial guarantee to the bank, which can make it easier for qualified rural businesses and nonprofits to obtain funding that preserves or creates local jobs. If your business is located in or serves a community with a population of 50,000 or less, our lending team can help you determine whether a USDA guaranteed loan and/or an SBA loan is the best fit for your needs.
Take the next step for your business.
Frequently Asked Questions
Please contact a member of the SBA Lending team. Their contact information is included in the bios above.
Yes, we service all 50 states.
As a lender in the Preferred Lender Program (PLP), we have streamlined our process to ensure we are able to meet the needs of the small businesses in the markets we serve in a timely manner.
Borrowers will typically need to provide three years of personal and business tax returns, current year financial statements for the business and a purchase contract if a building or business is being acquired through the loan. Other documents may be required depending on the type of transaction.
Yes, our loan programs are designed for both established businesses and new businesses as well.
Yes, we provide loan solutions for franchisees in well-established franchise concepts throughout the country.
This program provides loan guarantees to commercial lenders for loans to eligible rural businesses.
The program is open to those living in an eligible area who are: for-or nonprofit businesses, cooperatives, federally-recognized Tribes, public bodies and individuals engaged – or proposing to engage – in an eligible rural business.
Rural areas not in cities or towns with populations of more than 50,000. Eligible communities must have fewer than 50,000 residents. A borrower’s headquarters can be based in a larger city, as long as the project itself is in an eligible rural area.
Yes, SBA loans can be financed up to $5,000,000 and USDA loans can be financed up to $25,000,000. A qualified customer can have both products and borrow up to $30,000,000.
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Meet our Client Relationship Team
Helping businesses grow since 1902
We’re a regional bank that offers financial strength, industry-specific expertise and a full suite of commercial banking, treasury and wealth management solutions to help you and your business grow. Our business model is built on fostering long-term relationships with customized solutions and access to local decision makers.