We are lending to business owners in Georgia
We understand that local communities count on small businesses. And, we want small businesses to count on us for the financing they need. We'd like to offer you our expertise and stream-lined financial products and services that include SBA lending so that your financial matters can be one less worry for you.
What are SBA loans?
The U.S. Small Business Administration is a federal agency committed to helping small businesses grow. One of the ways it does this is by guaranteeing loans to small businesses made through lending partners across the country. Hamilton State Bank is proud to offer SBA lending programs.
The SBA does not make loans directly to small businesses. Instead, the SBA sets guidelines for the loans that are made by lending partners like Hamilton State Bank. The SBA guarantees a percentage of the loan which helps to minimize the risk to the lender. This collaboration helps us meet the needs of our small businesses.
There's an SBA loan for almost every business need.
Hamilton State Bank offers several types of SBA loans for businesses in almost any for-profit industry. Loan amounts range from $100,000 to $10 million and are available for a variety of business purposes including:
- Commercial Real Estate Purchases
- Business Acquisition or Expansion
- Equipment, Inventory or Working Capital
- Debt Refinancing
There are many benefits to SBA loans as compared with conventional bank loans:
- Lower down payments
- Longer repayment terms
- Up to 90% financing
- Fixed and variable rate options
- No balloon payments
Contact your local branch to see if you qualify for an SBA loan