SBA Loans

The Small Business Administration (SBA) offers several borrowing options for business owners and entrepreneurs, but the agency does not directly lend money; they partner with banks and community development organizations and establish guidelines for how those lenders can structure loans. 

The SBA lending experts at First Heritage make it easy for you to take advantage of the SBA backed loans available!
business woman using a tablet

How can I use an SBA loan?


  • Do you need a business loan to grow or fund an expansion?
  • Are you ready to buy or build commercial office space?
  • Do you need working capital to fund your growing company?
  • Are you ready to purchase a business or franchise?

If you answered Yes to any of these questions, an SBA loan may be your best small business financing solution! Our SBA Experts are ready to help.

Connect with a Banker

Why an SBA Small Business Loan?

The SBA offers a number of loan programs designed for business owners who may have challenges qualifying for a traditional bank loan.  An SBA loan may offer longer term financing than is available through conventional means. In addition, the loans have a fixed maturity, and there is no prepayment penalty for loans under 15 years.

  • Flexible terms
  • Competitive interest rates
  • Potential for lower monthly payments
  • Fixed and variable rate loan options
  • Loan amounts up to $5 million, depending on the SBA program

There are several loan programs available from the SBA, and the right program will depend on your use for the funds and other factors.  The First Heritage SBA experts will help you determine which program is the best fit for your situation. 

business owner shipping goods
two business women talking

SBA 7(a) Loan and SBA Express Loan

  • Good for business asset purchases and start-up companies
  • All fees and costs associated with the project can be financed into the loan
  • Products include term loans and working capital lines of credit
  • May be used to refinance existing debt
  • Equity from the borrower is flexible, depending on the project

SBA 504 Loans

  • Generally for larger projects involving owner-occupied real estate acquisition, construction, and equipment
  • Equity injection from the borrower, depending on the project, is flexible
  • Bank works with local Community Development Corporations and SBA to provide project funding
  • Can be used to refinance existing commercial debt with the possibility for fixed rates and longer terms

Saying Yes Faster

As a small business, you can choose from many SBA lenders. Why choose First Heritage?  Our team will walk you through an easy-to-navigate application to determine if an SBA loan is a good financial decision. You can also apply by filling out the PDF version of our Business Loan Application (Opens in a new Window). And if it’s not right for your business, we’ll find the best financing option. Email, call, or visit—choose your channel, and we’ll collaborate on the quickest way to get to Yes!

To evaluate your specific borrowing needs, connect with a First Heritage SBA loan specialist today!

CONNECT WITH A BANKER

First Heritage: Your Partner in Business Success

As a community bank, our team has helped thousands of businesses succeed. We offer more than financing and loans for companies. As part of the Pennsylvania community, we’re also the patrons and customers of many of the businesses that come to us for support.

To further discuss which SBA or business loan might be right for your organization, contact one of our commercial lenders at 888.274.2033 or connect online.

A Leader in Small Business Financing


First Heritage is small business, just like you, and we know what it takes to succeed. Many of our business clients return to our professional and helpful bankers year after year for their financing needs because they know they can trust us for practical, honest and convenient assistance.

Whether you’re looking forward to the launch of your company or have served customers for years, consider SBA loans as a flexible option when you need financing. SBA loans can help if you want to start a new business, refinance debt, pay for working capital, invest in equipment or other needs, expand, buy business property or take on any other project.

First Heritage’s SBA specialists can walk you through your financing options and explain eligibility. We can help you compare options, so you find the right fit. We can also guide you through the application process. When you have questions, First Heritage has answers.

First Heritage is committed to helping business owners realize their dreams. Small companies revitalize Pennsylvania’s economy and support the wealth of our nation, and we express our gratitude by providing professional and robust business services for our clients. For SBA’s fiscal year ending September 30, 2016, First Heritage loaned more SBA secured money to small companies than any other financial institution in the SBA’s Eastern Division. We look forward to offering even more support to small companies in the future.

If you’re ready to realize your business success and would like to discuss financing options, contact the business specialists at First Heritage. You can reach us online or by calling +1 (913) 396-9062. We look forward to speaking with you!