SBA Small Business Loans

An SBA loan can provide low-interest financing to address a variety of needs for qualified businesses. Uwharrie Bank is proud to be part of the SBA’s Preferred Lenders Program (PLP). This program is designed to streamline the procedures required to provide financial assistance to small businesses. Under this program, the SBA delegates the final credit decision and most servicing to carefully selected PLP members.

Our business lending professionals can guide you through SBA lending options and help you determine which program is right for you.

Affordable financing
Competitive rates
Low down payments
Flexible terms
Local decisions
From experienced professionals
A preferred SBA lender

Call Daniel: 980.960.5618 Call Charlie: 704.991.1246 Apply Now Contact Us

Approved to offer SBA loan products under the SBA’s Preferred Lender program and SBA’s Express Program.

	SBA Express Loan	SBA (7a) Loan	SBA 504 Loan
Maximum Loan Amount	$350,000	$5,000,000	$5,500,000 (depending on purpose).
Repayment Terms	Installment terms up to 25 years (depending on the purpose). For lines of credit, terms up to 7 years.	Installment terms up to 25 years (depending on the purpose).	Installment terms up to 20 years (depending on the purpose).
Loan Purpose		Real estate or RE improvements, equipment purchase, leaseholds and working capital	Real estate,Real estate improvements, or equipment
Down Payment	10% – 20%	10% – 20%	10% – 20%
Interest Rates	Fixed or Variable	Fixed or Variable	Fixed or Variable on Bank Loan; Fixed on CDC Loan
SBA Fees	The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan.	The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan.	The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan.