Streamlined options for small businesses.

Tri Counties Bank offers SBA Express Loans and Lines of Credit up to $250,000 that are partially guaranteed by the U.S. Small Business Administration as an alternative solution for borrowers who may not qualify under conventional terms. SBA Express lending is approved with an “express” process that helps reduce turnaround times.

Term Loans are available for:

  • Equipment and commercial vehicle purchases
  • Tenant improvements and renovations
  • Refinance of existing business debt subject to eligibility requirements
  • Working capital for business expansion, additional locations, new product lines, and operating needs for growth

Working Capital Lines of Credit are available for:

  • Normal business operating needs
  • Short-term costs for inventory and accounts receivable
  • Seasonal business cycles and operating expenses

Benefits:

  • Credit guidelines have less restrictive credit guidelines as compared to conventional loans
  •  Faster turnaround times for approval and closing
  •  Less paperwork compared to SBA 7(a) loans
  • Revolving lines automatically convert to term loan amortization period after 2 years
  • No monitoring of accounts receivable and inventory

Requirements:

  • Must be owner-operated business
  • Minimum 10% equity down payment needed in most cases
  • Eligible borrowers and business types apply
  • Business must demonstrate adequate cash flow for repayment
  • 1st lien position required on assets being purchased and trading assets
  • Additional collateral may be required
  • Personal guarantees required

Small Business Administration (SBA) Preferred Lender

Tri Counties Bank is an SBA Preferred Lender with a dedicated SBA support team for a streamlined approach and faster closings to meet your deadlines. Starting with the convenience of working with the team at your local branch, you’ll find an easy application process and simplified documentation requirements that result in a lending solution that improves your business finances and enhances your business strategy.


Put the experience and knowledge of the Tri Counties Bank business lending team to work for you. For more information: