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Small Business Administration Lending


We’re business builders. Many business owners find that a Small Business Administration (SBA) loan is a great option when it comes to growing their business and Village Bank is committed to providing area businesses with a one stop lender for the SBA loan guaranty programs. We know SBA lending and have helped a multitude of Central Virginia/Peninsula businesses take advantage of the various SBA programs.

Whether it’s the 7(a) Regular Loan, Express Loan or the 504 Loan program, SBA financing offers attractive options and terms.


  • Lower equity requirements – Keeps liquidity in your business.
  • Longer loan amortization – Provides lower monthly payments.
  • Goodwill can be financed – Perfect for partner buyouts or business acquisitions.
  • Newer companies may be eligible – Provides needed capital for growth.
  • Loan approval is not collateral dependent – Requests with insufficient collateral can be considered.

SBA 7(a) Program

  • Loan Amounts – Up to $5,000,000.
  • Pricing – Both fixed and variable rates available.
  • Amortization – Offers extended terms depending on loan purpose and collateral type.
  • No balloon payments.

SBA 7(a) Express Loans

  • Loan Amounts – Up to $500,000.
  • Pricing – Variable rates up to Prime + 4.50%.
  • Amortization – Offers extended terms depending on loan purpose and collateral type.
  • Lower closing costs.
  • No balloon payments.

SBA 504 Program

Designed for commercial, owner occupied real estate as well as equipment/machinery.

  • Loan Amounts – Up to $5,000,000.
  • Suitable for existing buildings and new construction.
  • Pricing – Fixed for longer loan terms.
  • Amortization – Up to 25 years.
  • Equity requirements – As little as 10%.
  • Most closing costs can be financed.

SBA Eligibility Requirements

In order to be eligible for a SBA 7(a) or 504 programs, the small business applicant must meet the following criteria:

  • Be an operating business.
  • Be an organized for-profit business.
  • Be located in the United States.
  • Demonstrate a need for the desired credit.

Village Bank is a proud to be a SBA Preferred Lender Partner.

Interested in learning more about SBA lending? Contact Tom Kelley at 804.419.1236.

SBA Payroll Protection Program (PPP)

SBA PPP Loan Information

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