Small Business Administration Lending

The Small Business Administration Virginia District Office released the latest loan results on July 31, 2018. Within the Community Banks peer group, for the second year in a row, Village Bank is the highest ranked SBA loan lender in total dollars borrowed. “This is a huge accomplishment for Village Bank” stated Max Morehead, EVP Commercial Banking“ and it reflects our commitment to small business owners to help them grow and thrive.”

Whether it’s a SBA 504 loan or a SBA 7(a) loan, there are many advantages that may include:

  • Lower down payment.
  • Longer loan amortization.
  • Loan decisions are not collateral dependent.

Tom Kelley

For more information on SBA lending, contact Tom Kelley at 804.419.1236.