The SBA “Small Loan” platform at West Town Bank & Trust provides small businesses across the country with a fully digitized application resulting in highly efficient turn-times to funding. Together, the Bank and its Loan Service Provider have become leaders in the SBA FinTech space by investing in a technology-enabled platform which delivers a seamless application, pre-qualification and closing process for SBA loans of $350,000 or less.
“Small Loan” Program Overview:
- Timelines – Fund as quickly as 20 days from initial application.
- Loan Amount – Loans range from $100,000 to $350,000.
- Use of Proceeds – Working capital, debt refinance, equipment and business acquisitions.
- Capital Requirements – 100% financing available (working capital and debt refinance uses only).
- Terms – Up to 10 years fully amortizing with no prepayment penalties.
Get Pre-Qualified Today!
“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