Small Business Administration (SBA) Loans

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Key Features

Prime Rates

Prime Rates

Flexible Terms

Flexible Terms

Fast Processing

Fast Processing

Local Service

Local Service

Details

PrimeSouth Bank provides long-term financing solutions to small businesses through participation with the U.S. Small Business Administration (SBA) guarantee loan programs and the USDA Business and Industry Guaranty loan programs. Loan programs offered are SBA 7a, SBA 504 and USDA B&I loans. We offer fast decision-making and processing from locals you can trust and professional, attentive service you can count on throughout the process.

There are a variety of benefits with SBA lending:

  • Financing available for start-up business as well existing businesses
  • Lower down payment requirements
  • Longer terms and no balloon payments – terms from 10 years to 25 years1
  • Competitive rates
  • Eligible loan purposes:
    • Commercial real estate purchase
    • Construction/renovations/leasehold improvements
    • Business acquisition or partner buy-out
    • Equipment/inventory purchase
    • Debt refinance/consolidation
    • Working Capital

 

For more information, please contact Jake Walker, our SBA Business Development Officer, AVP:

Jake Walker

912-283-6685

Jake

1Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the useful life of the assets financed.

Mission:

Make a positive impact on the communities we serve through offering creative solutions.

Vision:

To be a dynamic organization passionately committed to making tomorrow better than today for our employees, customers, and communities we serve.

 

Core Values:

  • SERVICE — We honor and give back to our communities and believe it is important for us to be philanthropic, giving of our time, resources and expertise where it is most needed.
  • FLEXIBILITY — We offer dynamic financial products to meet our customers' unique needs.
  • RESPONSIVENESS — We are committed to a timely personal response to our customers.
  • COMMITMENT — Our employees, our customers and our communities are our priority.
  • COMPASSION — We are always there to help our customers and colleagues as they face the inevitable challenges in their lives.