Small Business Loans

Small businesses support the communities we love to serve, and we’re committed to helping business owners find the best financial solutions. Loans for small business from United Community Bank will allow your company to secure the financing it needs to ensure future success.

Speak to a lender today for personalized loan selection service.

Contact an SBA Lender
We have a variety of small business financing options offered through the Small Business Administration that can help your business grow stronger and become more profitable. Remember, the type of business loan you qualify for will depend on your circumstances. Small businesses can get loans for major fixed assets, payment of operating expenses, equipment purchases and more.

United’s small business lenders can help you determine what options are best for you and your needs, all while considering your unique history and situation.

SBA 7(a) Loan

  • Use as initial funding for a startup or to expand an existing business
  • Only small for-profit businesses qualify
  • Loans up to $5 million
  • Get terms up to 7 to 10 years for working capital; up to 10 years for equipment; and up to 25 years on fixed assets, including real estate
  • Approved for commercial real estate, construction or renovation, purchase of machinery or equipment, purchase of furniture or fixtures, working capital, inventory, line of credit, refinancing existing debt, and purchasing eligible businesses
  • Ineligible businesses include non-profits, foreign-controlled businesses, private clubs that limit membership, businesses that promote a particular religion, individuals who are incarcerated or on probation/parole, individuals who have failed to repay federally assisted funding, and businesses engaged in any of the following: lending or loan packaging, speculation, passive investment, pyramid sales and gambling

SBA 504 Loan

  • Must be used for fixed asset projects such as purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping; construction of new facilities.
  • Can also be used for modernizing, renovating or converting existing facilities; or purchasing long-term machinery and equipment.
  • Cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

Can I transfer funds from my checking or savings accounts to make a loan payment?

Yes. 

Personal online banking customers can transfer funds from checking or savings accounts to make a loan payment as long as the accounts are viewable through online banking. [How to add/change the accounts you view through online banking]

Business online banking customers can transfer funds to make a loan payment by selecting 'Transfer List' from the Management Tools menu, then selecting 'Unrestricted Transfer'. 

IMPORTANT: Payments made before 6pm each business day will be applied same day.

Small Business Loan Resource Center

Get financial guidance anytime with our useful tools, educational articles and other valuable resources.