What is an SBA Loan?
An SBA loan is a small business loan that is guaranteed through one of the government’s Small Business Administration financing programs. Qualified entrepreneurs can secure loans of up to $5 million to start, grow, or buy a business. SBA Loans funded through the SBA loan programs come with extended repayment terms, competitive rates, and other business-friendly benefits.
How an SBA Loan Can Help Move Your Business Forward
Types Of SBA Loan Programs
Work with One of the Nation’s Top SBA Lenders
Hear From Our Customers
“Working with West Town Bank was an incredible experience. They presented options other lenders didn’t, which really made me feel confident about the product we used and the decision to buy. The team was there keeping me updated throughout the process and have been a great resource when needed after closing. They couldn’t have handled things better and I would highly recommend them to anyone.”
– Doug Yopp, Owner
Apply for Financing: the SBA 7(a) Loan Application at West Town Bank & Trust
Thank you for your interest in small business financing. Please complete the SBA loan application below. A member of our team will reach out shortly to discuss your options for small business financing.
More Resources for Business Owners
Learn How to Use an SBA Loans to Grow Your Business
SBA Small Loan Monthly Payment Calculator
Disclosure: Monthly payment calculations are estimates only and may vary. The below calculator assumes a 10-year term, fully amortizing loan, for working capital, debt refinancing, equipment purchases or business acquisitions only. SBA 7(a) loans under $350,000 through West Town Bank & Trust typically have a variable rate of WSJ Prime + a rate that will never exceed 2.75%. Fees and closing costs will be deducted from loan proceeds at time of funding. There are no prepayment penalties and the loan may be paid-off at any time. The SBA charges a guarantee fee (with some exceptions for borrowers located in Rural or HUBZone areas) which varies by loan size and is not included in the below calculation.