
Small Business Loans
A great financial partner helps make it easier for you to build the business of your dreams. Make it happen with a Small Business Administration (SBA) loan from Summit.

Your Guide to SBA Loans
Our SBA loans allow you to expand and still keep that crucial working capital in your pocket. So you can take the next step as smoothly as possible.

504 SBA Loans
Designed to help you meet long-term needs:
- Land and buildings
- Equipment
- Business expansion projects
Summit 504 SBA loans offer:
- 10-, 20- and 25-year payment options
- Competitive rates, including fixed rate financing
- Low down payment options
- Online loan access and payment options

7(A) SBA Loan
Use these small business loans to meet a variety of long-term needs including:
- Commercial real estate projects
- Business expansion
- Leasehold improvements (like new construction or a remodel)
- Inventory and equipment
- Working capital
- Debt refinancing
- Business acquisitions
Summit 7(A) SBA loans offer:
- 7- to 25-year payment periods
- The ability to fund up to 90% of project costs
- Low down payment options
- Online loan access and payment options

Express SBA Loan and Lines of Credit
Need a loan now? This program could be the right choice for you: You’ll typically hear back within 3 business days from submitting your completed application — and the application requires less documentation.
Express SBA loans are a good fit for:
- Working capital
- Equipment purchases
- Inventory
- Lines of credit
Summit Express SBA Loans:
- Available for up to $350,000
- Fixed or variable interest rate
- Low down payment options
- Online loan access and payment options

Business Loans for Veterans
Are you the veteran or the spouse of a veteran and want to start or expand a business? We’d like to help make your dream a reality.
The Veteran loan program offers:
- Minimal closing costs
- Streamlined approval process
- Lower down payment options
- Reduced or waived SBA guaranty fees
Summit Veteran SBA Loans and lines of credit:
- Available for up to $350,000
- Online loan access and payment options
Want to learn more about SBA loans? View the SBA Website.