

SBA Lending
Preferred SBA Lending 
Preferred Bank is designated by the U.S. Small Business Administration as an approved Preferred Lender (Preferred Lender Program, PLP). As a PLP lender, our experienced SBA Department offers small businesses various financing types, from working capital to business and real estate acquisitions. Our SBA staff will guide you through the best available programs to meet your specified needs and closing timeline. Contact the SBA Team at SBALending@preferredbank.com.
SBA 7 (a) Loan Program
This is a government-guaranteed loan program established by U.S. Small Business Administration (SBA) to encourage lenders in assisting qualified small businesses unable to obtain funds on reasonable terms through conventional loans. The maximum SBA 7(a) loan amount is $5,000,000.
SBA 504 Loan Program
This program provides long-term, fixed-interest rate financing for major fixed assets, involving owner-occupied commercial real estate. The SBA 504 loan program offers small businesses financing with low down payment requirements. Processing an SBA 504 loan involves three parties: Lender (Preferred Bank), the Certified Development Company (CDC), and Borrower.
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