We are an SBA Preferred Lender
At Bank of Oak Ridge, we tailor our services to fit your needs. That’s why we provide SBA loan options for businesses like yours who may be in search of another avenue for securing a loan. The SBA recognizes us as a Preferred SBA Lender based on our successful SBA performance.
SBA loans have a big impact for…
It’s common to accumulate business debt, but it can be difficult to solve a company’s cash flow problems with short paybacks (48 to 60 months). If you like the idea of refinancing existing debt over 7 to 25 years, with no balloon payments, an SBA loan might be right for you.
What is an SBA Loan?
An SBA (Small Business Administration) loan is a loan backed by a government guarantee, providing operating companies with the ability to obtain financing in otherwise difficult financing situations. SBA loans have been most beneficial to those looking to acquire a business, expand a business or refinance debt.
How do I get started?
The most important and valuable thing you can do when looking into and applying for an SBA loan is to find the right partner. The right partner will help you navigate the process and complete the documentation quickly and easily. The right partner…
- is an SBA Preferred Lender.
- has the experience necessary to provide real solutions to clients,
- has the skill necessary to structure deals well and get them closed efficiently,
- is a part of a bank that is trustworthy and has a history of delivering for their clients.
Have questions? Interested in learning more about your SBA options.