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Inquire about SBA Loans for your business. Online. Anytime.


SBA Loans

Sometimes, a small business might just need a little boost to get its loan request approved.

Liberty Bank and Trust Company partners with the U. S. Small Business Administration to help small businesses in several situations. Although not every business qualifies, in many cases the SBA can help bridge the gaps that can sometimes hinder an application. Liberty Bank and Trust Company is an Express Lender with the SBA.

We would be glad to have a conversation about your business and discuss possible options with you.


This is a program where the SBA can provide a guaranty of 50% - 85% to entice the bank to make the loan. Typical rates are floating, and maximum terms are 25 years on real estate and 10 years for most equipment and working capital.


The Lender has a 1st mortgage on the asset, the SBA takes a 2nd mortgage, and the Borrower makes a down payment of 10% to 20%. The rates can be fixed or floating. Max terms can be 10, 15 or 25 years depending on the project/collateral. Cannot be used for acquisition of a business or working capital.

Examples of how both The Borrower and The Bank can benefit are:

  • Lower than typical down payment requirements
  • Extended terms that might help cash flow and affordability of the financing needed
  • Less than typically required collateral coverage

To get started, click the 'Contact Us' button below and complete the short form near the bottom of this page.


Eligible Uses of Proceeds

Depending on the SBA Loan Program, eligible uses of proceeds include:

  • Expansion/renovation
  • New construction
  • Purchase land/buildings
  • Purchase furniture
  • Fixtures
  • Equipment
  • Leasehold improvements
  • Working capital
  • Inventory
  • Starting or purchasing a business
  • In some cases, refinance debt or lines of credit

General Eligibility Requirements

  • Must be a for profit entity operating in the U.S.
  • Must meet SBA size restrictions
  • Must not be listed as an illegal or ineligible business type/industry per the SBA
  • Owners should demonstrate good character/credit and show sufficient management experience
  • The Borrower must demonstrate the reasonable ability to repay the debt

Additional Information

All loans are subject to credit approval.

Please note that the 504 program cannot be used for working capital/inventory or acquisition of business. Eligible real estate projects only include owner occupied, at least 51%.