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Does your small business need a loan? Atlantic Capital Bank is pleased to partner with the U.S. Small Business Administration to help small businesses get the money they need to grow.
How Do SBA Loans Work?
The U.S. Small Business Administration (SBA) provides a number of financial assistance programs for small businesses that have been specifically designed to meet key financing needs. The SBA does not make direct loans to small businesses. Instead, SBA sets the guidelines for loans, which are then made by its partners, like Atlantic Capital Bank. When a business applies for an SBA loan, it is actually applying for a commercial loan structured according to SBA requirements with an SBA guaranty.
Atlantic Capital Bank’s small business bankers are here to help answer your questions and guide you through the entire SBA loan process.
Why would a typical small business pursue an SBA loan?
- Desire to purchase/build its own facilities
- Need for additional capital equipment
- Need to refinance existing debt
- Business acquisition
- Need for long-term working capital
What are the advantages of an SBA loan?
There are many advantages of an SBA loan, including:
- Lower monthly payments
- Fully amortizing loans
- Higher loan-to-value ratios
- Longer terms than conventional loans
- Lower down payments
- Low or no prepayment penalties
Getting Started – Applying for an SBA Loan
If you’d like to apply for an SBA loan or simply learn more about the SBA program and opportunities, contact one of our small business lending bankers:
Sand Patel, Senior Vice President: (404) 460-7874
Brian Harper, Senior Vice President: (404) 995-5826
Dany Lee, Senior Vice President: (404) 460-7865
J. Calvin Martin, Jr., Senior Vice President: (865) 742-8884
Tony Brevard, Vice President: (404) 460-4430