SBA Loans
The Power of SBA Loans
SBA (Small Business Administration) loans empower BOK Financial to provide more creative and flexible loan options, such as lower down payments, longer repayment terms, less reliance on collateral and even long term fixed rates.
SBA Loan Options
Ideal for:
- Buying a business
- Partner buy-out
- Debt refinance
- Purchasing commercial real estate
- Purchasing equipment
- Line of credit
Terms:
- Up to 10-years for non-real estate
- Up to 25-years for commercial real estate
Ideal for:
- Purchasing commercial real estate
- Renovations on commercial real estate
- Completing ground up construction of commercial real estate
- Refinancing commercial real estate
- Purchasing heavy equipment
Loan Amount:
- Total project size is uncapped
Terms:
- Up to 20 or 25 years for commercial real estate
- Up to 10 years for heavy equipment
Why SBA?
Despite what you may have heard, the SBA loan process has improved significantly over the years, and looks very similar to a non-SBA loan process. Plus there were more than 58 thousand businesses who accessed an SBA loan in 2019, totaling over $30 billion in SBA projects; further proof of the efficacy of the SBA loan programs.
Why BOK Financial?
BOK Financial is a Preferred SBA Lender, which means we handle the loan in-house from cradle to grave with no interaction with the SBA, thereby providing a smooth process for both you and your banker.
News and Insights
Ready to Talk?
Mandi Bilby
SBA Operations ManagerMandi has 10 years of experience in commercial lending and operations support.
Cody Porter
Senior Vice President, SBA LendingCody has more than 10 years of experience in SBA lending.
Recent SBA Business
$1 Million
Debt Refinance
$11 Million
Ground Up Construction
$1.25 Million
Partner Buy-Out
$350,000
Line of Credit