Business Banking
SBA Loans
Happen Bank is a nationwide Preferred SBA Lender
Types of SBA Loans
SBA 7(a) Loans
SBA’s flagship program for small and medium-sized businesses, offering financing for virtually all business expenses, including commercial real estate purchases and construction, refinance of existing debt, equipment financing, working capital, and business acquisitions. The typical loan size is between $400,000 to $5 million.
SBA 504 Loans
Long-term, fixed-rate financing for real estate purchases (and buildout), ground-up construction, heavy equipment, and debt refinance. SBA 504 loans pair a senior bank loan with a debenture which together offer up to 90% financing. The typical loan size is between $750,000 to $15 million+. Learn more about 504 loans.
SBA Express Lines of Credit
A revolving credit line for working capital. The maximum express loan is $500,000.
SBA Lending Programs
Business Acquisition/Wealth Transfer
Up to 90% financing for business acquisitions
Aggressive financing for partnership or family buyout
Can include working capital
Up to 10-year term (up to 25 years with real estate)
Commercial Real Estate
Up to 90% financing with 25-year term
51% or more owner-occupied
SBA 7(a) or 504 loans
Can include working capital, equipment, improvements, and closing costs
Single or multi-purpose (includes hotels, restaurants, gas station/convenience stores, and assisted living)
Medical & Dental Practice Financing
Up to 90% financing for business acquisition or expansion
Up to 85% financing for startup
Up to 100% financing for partnerships or buyouts
Up to 10-year term without real estate
Franchise Financing
Up to 90% financing for start-up, expansion and acquisition
Up to 10-year term (up to 25 years with real estate)
Refinancing
Most business-related debt is eligible
No equity injection required
Must save at least 10% on current debt service
Up to 25-year term
Business Expansion
Can include working capital, equipment, and improvements
Existing business must be profitable
Up to 90% financing, 10 to 25-year terms
Get in touch!
Feel free to contact us with any questions. We are dedicated to providing exceptional customer service.
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