When you have a community lending partner in your corner, you'll be able to capitalize on business opportunities that arise.
Old National Bank is recognized as a Preferred Lender by the SBA and can work with you to find solutions that step outside the boundaries of traditional lending options. We have years of experience with the SBA 7(a) program, the SBA Express program and the SBA 504 program and will help you understand the differences in each. We understand the importance of making educated decisions that will meet your needs.
Use our experience and expertise to develop solutions in the following areas:
Debt restructuring
Real estate/Equipment purchases
Business acquisition/Expansion
Starting your own business
Working capital
SBA programs have unique characteristics, and we can help you find a program to fit your needs. Some benefits include:
Smaller down payments
Longer maturities with no balloon payment
Fixed or floating rates
Collateral shortfall
Items to open a business account
To expedite the process when you open a business account or apply for a business loan, there is information you can gather beforehand. Here's a helpful checklist, including links to our Personal Financial Statement (PFS) form.
