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SBA Loans

Lift your small business to the next level

What do you need to succeed? We have the answers.

Lower down payments. Longer repayment periods. SBA loans offer many advantages to small businesses that are hungry for start-up funds, working capital, or financing for real estate, inventory, supplies, furniture and equipment. An SBA loan is also a great way to expand and take your successful business to the next level.

Grow Your Business
SBA Preferred Lender
Local Decision Making
Flexible Loan Terms and Conditions
Lower Payments to Improve Cash Flow

Put our award-winning expertise to work

The Bank of Missouri is a nationally-recognized, award-winning SBA Preferred Lender. That means even though these are government-backed loans, we make decisions locally. It also means you work with an experienced team who can make the process faster and easier to help you drive toward your goals. 

  • SBA 7(a), Express and 504 loans available
  • Borrow up to $5 million
  • Repayment terms of up to 25 years
  • One-on-one assistance from a team with expertise assisting businesses across a wide range of industries

Use SBA funds to start or grow your business:

  • Revolving lines of credit
  • Financing for owner-occupied real estate and renovations
  • Business acquisitions
  • Equipment purchases
  • Working capital

Frequently asked SBA loan questions

The U.S. Small Business Administration’s mission is to help entrepreneurs start, build, and grow businesses. The SBA does not directly provide the loan. Rather, a lender provides the actual loan to the borrower and the SBA guarantees a portion of the loan. The SBA program allows lenders to make loans that may not otherwise meet conventional loan underwriting. Visit https://www.sba.gov/ to learn more.

As an SBA Preferred Lender, the SBA allows The Bank of Missouri to make lending decisions on their behalf. This can make the process faster for the borrower.

Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesalers, retail and service businesses as well as independent or franchise businesses. The business and owners must be in good standing with the federal government (including loans and tax payments) and must have a satisfactory credit profile.

Learn more about eligibility from the U.S. Small Business Administration >>

Loan sizes vary based on SBA policies in place at the time the loan is made. Currently loans can go as high as $5 million for any one borrower and its affiliated companies. The maximum loan amount will be determined based on the use the funds, personal credit score, cash flow and more.

Outside of traditional loan fees and closing costs, an SBA guarantee fee may also apply. This fee, based upon the loan amount, is determined by SBA and may be financed into the loan.

The time it takes to get an SBA loan depends on several variables, including how quickly you are able to submit the necessary paperwork and information. The process is much quicker and more streamlined at The Bank of Missouri because of our SBA Preferred Lender status, which gives us the authority to complete the entire loan process from start to finish.

When considering a loan for your business, there are a few advantages versus traditional financing.

  • Credit on reasonable terms when it may not otherwise be available
  • Longer term and amortization options
  • Lower payments improve cash flow
  • Flexible terms and conditions
  • Lower down payments
  • No balloon payments
Let's talk about an SBA loan

Financial Education

How entrepreneurs use SBA loans to grow their businesses

Thinking about financing a new business? Read this first.