SBA Loans

1st Source Bank is your Certified SBA lender - we´ve provided assistance to hundreds of businesses in the state of Indiana and Michigan and can help yours too.

If you are looking to start or expand your own business, talk to a 1st Source Bank Relationship Banker.  We will discuss your goals and give you options on the best way to reach them.
1st Source Bank is proud to be the number one SBA Lender in its market.  What does this means to you?

• As one of the top 5 SBA lenders in the entire state and number one in our core market, we know how to navigate the application process, reccomend the SBA product that is just right for you and do this all in a timely fashion.

As a Preferred Small Business Administration (SBA) Lender, we can offer quick processing of your SBA request. The advantages of using the SBA loan programs include:

• Longer terms for repaying your loan request.
• Lower loan payments.
• Improved cash flow.

Small Business Administration (SBA) loans are available in a variety of term loan and line of credit options, backed by government-sponsored loan guarantees.           
At 1st Source Bank we offer 7(a) and 504 loan products. Click here for a summary of our SBA programs at 1st Source Bank.

What are some of the advantages of an SBA Loan over conventional financing?

• Lower down payment requirement can preserve capital when a conventional loan would be unaffordable for a small practice.
• Customized Terms and Payment Options are available.  No balloon payment at the end of 5 or 10 years.
• Special consideration for veterans and members of the military community

Special SBA Enhancement Options – Limited Time Offer – Want to learn more? Click here

• Higher guarantee – up to 90%
• Reduced Fees

Want to get started on your SBA Loan?  Don’t waste time working with an inexperienced lender.  Come to 1st Source Bank.  We will be your Partners...from the first.

• Click here for a checklist of the items you will need.
• Click here for a full application.