The U.S. Small Business Administration offers several loan programs for small businesses seeking financing, providing an ideal way to grow and expand your company. These loans are made on more favorable terms than conventional loans, such as longer repayment schedules.
Frost is designated as a Preferred Lender of the SBA in a majority of the markets in which we operate and we can use our Preferred Lender status to help expedite your approval.
U.S. SBA loans can help your business:
- boost working capital
- purchase or improve real estate
- finance new equipment, heavy machinery, specialized equipment or other fixed assets
- acquire a new business or franchise
- finance permanent working capital
An SBA loan must be approved by both Frost and the SBA. The minimum loan amount is $50,000.
To learn more about SBA loans, visit the U.S. Small Business Administration website.