Small Business Administration (SBA) Loans

Why is supporting small business growth so important to Commerce?


Small businesses have long been the backbone of the American economy. Healthy businesses not only create jobs and opportunities, but are also an important part of our communities.

One of the greatest challenges many businesses face is accessing the capital they need to finance growth opportunities. SBA loans are an extremely valuable solution for our business customers.

As an SBA designated Preferred Lender, Commerce can offer you benefits not available through the general SBA process. What does that mean for you? With the ability for Commerce to approve SBA loan requests in-house, the turnaround time is drastically reduced, saving you weeks of waiting. And we all know that when it comes to business, time is money.


SBA loans can have great advantages over conventional loans, including:


  • Longer repayment terms allow for lower monthly payments to improve cash flow, with no balloon payments
  • Lower down payments make upfront costs more affordable
  • Competitive interest rates can be fixed or variable

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