SBA Loans

Evolve Bank & Trust’s SBA team is dedicated to helping developing and small businesses grow. Backed by the Small Business Administration (SBA) guaranteed loan programs, Evolve’s SBA products are flexible enough to meet almost any need. Whether you are looking to expand, purchase, or improve commercial real estate, the SBA Loan Program is designed to help you.

With lenders nationwide, each SBA professional will guide you through the entire process. Each SBA loan is as unique as the small businesses we serve. Let one of our SBA experts help you structure a loan to fit your needs.

7(a) Loan Program

The SBA 7(a) loan program is a flexible commercial loan product and the flagship lending program of the SBA.  Working in partnership with the SBA, Evolve Bank & Trust provides the loan, and the SBA guarantees it. This allows us to reach more small businesses.  The loan process is handled by the expert team at Evolve’s SBA Division making the process as smooth as possible.

SBA Preferred Lender

Evolve Bank & Trust is proud to be a Preferred SBA Lender.  This means that we have designated authority from the SBA loans to make credit decisions on SBA 7(a) loans without obtaining additional approval from the SBA.  This greatly reduces the processing time for your SBA loan request.

Use of Proceeds

Whether you need to buy new equipment or acquire a new business, the Evolve team can help you with the following:

Equipment PurchasesDebt Refinance
Leasehold Improvements to Real EstateWorking Capital
Business AcquisitionStart-Up Expenses
Commercial Real Estate Purchasing

Flexible Terms

Loan maturities will range from 10-25 years depending on the use of funds.  All loans are fully-amortizing meaning no balloon payments.  At Evolve Bank and Trust we consider loan requests between $250,000 and $5,000,000 which is the maximum 7(a) loan amount.   We offer competitive interest rates.

Our SBA Team is here to make your application process as smooth as possible.  We have the people and tools in place to guide you through the entire process.  We are experts in SBA lending, so you don’t have to be.  We look forward to assisting you in getting your business to the next level.

504 Loan Programs

The 504 Loan Program is used to finance the purchase of fixed assets, including owner occupied commercial real estate and equipment.  In some circumstances this program can provide 90% financing.

Loan Structures

Financing available on projects up to $10,000,000.

  • Evolve Bank & Trust typically provides a first mortgage of up to 50% of the total loan-to-value. This loan can range from $500,000 to $5,000,000.

The SBA, through a Certified Development Company (CDC) provides up to 40% loan-to-value in a second lien position. This loan can range from $350,000 to $4,000,000.  This portion of the loan is at a fixed rate.

Eligible Businesses and Property Types

Most for-profit business is eligible for financing. Commercial real-estate must be 51% or greater owner occupied.

Use of Proceeds

  • Real-estate acquisition, construction, or refinance
  • Equipment Acquisition

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