Small Business Loans Charlotte NC

The Microloan program is perhaps the most accessible to startup businesses. SBA Microloan funds go to approved, nonprofit organizations that accept loan applications and make loan decisions.

Carolina Commerce Bank
(704) 375-3294
223 East Boulevard, Suite 5
Charlotte, NC
 
Business Development by Giles
(704) 713-6209
8230 Golf Ridge Drive
Charlotte, NC
 
Bank Of America
(704) 792-2410
1245 Highway 29 N
Concord, NC
 
Citifinancial
(704) 788-3170
1096 Concord Pkwy N Ste 13
Concord, NC
 
Citizens South Bank
(704) 868-5215
1670 Neal Hawkins Rd
Gastonia, NC
 
Bank of America
(704) 387-1964
101 South Tryon Street
Charlotte, NC
 
Southern Financial Associates, LLC
(704) 943-0366
13777 Ballantyne Corporate Place
Charlotte, NC
 
Carolina Commerce Bank
(704) 853-8229
543 S New Hope Rd
Gastonia, NC
 
American General Finance
(704) 864-4316
3036 E Franklin Blvd Ste 5
Gastonia, NC
 
Carolina Mortgage Special
(704) 869-9263
1546 Union Rd Ste C
Gastonia, NC
 

Small Business Loans

SBA Financing for Small Businesses

Currently, there are three basic financing programs that remain available through the SBA: the Microloan program for small businesses loans under $35,000, the Section 7(a) loan guarantee program, and the Section 504 Community Development Corporation program. All SBA guaranteed loans are done via your local bank. The SBA does not loan directly.

The Microloan program is perhaps the most accessible to startup businesses. SBA Microloan funds go to approved, nonprofit organizations that accept loan applications and make loan decisions. To locate a Microloan source in your area go to this link.

The Section 7(a) loan guarantee program includes a variety of separate specialized programs. The popular "LowDoc" program, implemented in 1993 to increase the availability of small loans (under $150,000) to businesses by reducing the burdensome paperwork previously required, was terminated in 2005 so you must now resign yourself to preparing extensive documentation for an SBA loan guarantee.

The Section 504 program involves SBA participation in private, nonprofit companies (Certified Development Companies or "CDCs") established for the purpose of providing long-term, fixed-asset financing to small businesses. ...

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