Small Business Loans

We help make your dream business come true. As a proud Preferred Small Business Association (SBA) lender, we’re able to streamline the process and provide funding faster.

Meet our Team Discover Resources 

Jump to a section:

SBA 7(a) Loan

The SBA 7(a) term Loan can be the key to your business success.

  • Fixed- or variable-rate loans available
  • Maximum loan amount: $5 million
  • Borrower down payment may be as low as 10% for commercial real estate or other purposes
  • Must meet additional eligibility requirements

The SBA 7(a) Loan can be used for: 

  • Acquiring, refinancing or improving real estate and buildings
  • Short- and long-term working capital 
  • Refinancing current business debt 
  • Purchasing and installation of machinery and equipment
  • Purchasing furniture, fixtures and supplies 
  • Changes of ownership (complete or partial)
  • Multi-purpose loans, including any of the above

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.


Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

SBA 504 Loan

When your business needs to acquire or refinance real estate or acquire fixed assets, you’ll want to consider a 504 loan.

  • Long-term, fixed-rate term loan
  • Maximum loan amount for most: $5 million
  • Maximum loan amount for manufacturers: $5.5 million
  • Borrower down payment may be as low as 10%
  • Must meet additional eligibility requirements
  • Terms up to 25 years available

The SBA 504 Loan  can be used for a range of assets that promote business growth and job creation. 

These include the purchase or construction of existing buildings or land, new facilities, or long-term machinery and equipment. It can be used for the improvement or modernization of land, streets, utilities, parking lots and landscaping, and existing facilities. 

A 504 Loan  cannot  be used for working capital or inventory; consolidating, repaying or refinancing debt; or speculation or investment in rental real estate.

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

SBA Express Loan

Backed by the Small Business Administration, the SBA Express is either a term loan or a line of credit.

  • Fixed- or variable-rate loans available
  • Maximum loan amount: $500,000
  • Credit lines of up to 10 years
  • Borrower down payment 10% for commercial real estate; or other purposes 
  • Must meet additional eligibility requirements

The SBA Express Loan can be used for:

  • Business expansion or acquisition
  • Franchise
  • Start-up costs
  • Commercial real estate purchase or renovations
  • Working capital and equipment

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: National Website | Cleveland SBA Website | Small Business Administration Loans

SBA Small Loan Program

As your small business partner, we offer our own loan that’s just the right amount.

  • Fixed- or variable-rate loans available
  • Maximum loan amount: $500,000
  • Terms up to 25 years for commercial real estate
  • Terms up to 10 years for all other loan purposes
  • Borrower down payment as low as 10% for commercial real estate or other purposes
  • Must meet additional eligibility requirements

This loan is for the smaller, but significant, business expenses. The SBA Small Loan can help support you while you refinance, buy equipment or just need working capital to see your big plan through. Talking to a business banker will help ensure your small business gets what it needs. 

Together, we’ll take your company to the next level.

The SBA is a government agency whose mission is to support entrepreneurs and small businesses across the country. They offer valuable education tools and business resources. We’re proud to partner with them to ensure you still get the personal service your business deserves.

Helpful Links: Getting a Business Loan | Business Lines of Credit | Small Business Administration Loans

Small Business Loan

As your small business partner, we offer our own loan that’s just the right amount.

  • Fixed- or variable-rate loans available
  • Minimum loan amount: $10,000
  • Maximum loan amount: $250,000
  • Available for various business needs
  • Must meet additional eligibility requirements

We get it.

As a small business, you often need a smaller loan. These lending options are designed specifically to support those needs. Whether you need a line of credit or a loan with an amount between $10,000 and $250,000, our lending process is designed to get you the funds quickly.

Mutual Bank & Preferred SBA Lender in One

As a proud Preferred SBA Lender, we’re able to save you time and effort in securing your loan. As a mutual bank, we’re committed to helping small businesses flourish in our communities. It’s a win-win combination.

Meet our Team 

Designed for Business Growth

Your business has needs, and we’re here to help you meet them.

See how we helped John and Deborah open their dream business

Watch Video 

Download our free Small Business Lending Guide

Starting and running a business isn’t for the faint of heart. You’re committed to your success, and so are we. This guide gives you the basics for when you need to borrow money to grow.
Download Now 

Business Knowledge Hub

Get financial insights, education and business lending advice to help your business grow.

Money Management

Hanging onto your money and handling it competently is a challenge from the time you are a youngster getting an allowance to when you become a small business owner. For…
View Resource

Calculate Your Email Marketing ROI

Email marketing has become a popular and cost-effective method for reaching prospects and generating revenue. Like any marketing expense, its important to understand the return that you’re making on such…
View Resource

6 Ways to Protect Your Business from Business Email Compromise Scams

Companies of all sizes are being targeted by criminals through business email compromise scams. In these scams, cybercriminals gain access to an employee’s legitimate business email through social engineering or…
View Resource

Maintaining a Work/Life Balance

Maintaining a balance between your work life and personal life was a lot easier in earlier times it seems. Today, however, maintaining this balance is not as simple, since work…
View Resource

Measuring the ROI of Your Marketing Budget

These days, small businesses are under more pressure to prove ROI or return on investment of their marketing budgets. That means marketers have to track performance through more than site…
View Resource

Steps to take with your bank when an employee leaves your company.

When an employee exits your company, one of the most important things to do is make sure that his or her name is properly removed from any bank accounts they…
View Resource

Basic Accounting Statements

Keeping track of the money in your business is essential if you want to prosper. However, most small business owners have skills or a specialty that inspired them to start…
View Resource