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We walk you through the process, helping you secure the financing you deserve.

Government-backed SBA, USDA & RDA Loans provide financing solutions for startup or established small businesses or farms. Capitalize on a variety of benefits that each loan type provides. Speak to a Southern Bank commercial lender to see if your business qualifies today.

USDA Rural Development Authority Loan
  • Aimed to improve development in rural areas by improving, developing, or financing business, industry, and employment
  • Specialty financing for qualifying businesses, guaranteed by the USDA
  • Competitively low rates for a wide range of business needs:*
    • Business and industrial acquisitions
    • Business conversion, enlargement, repair, modernization, or development
    • Purchase and development of land, equipment, machinery, supplies, or inventory
  • Collateral is required of sufficient value
  • $10 million dollar standard maximum**
  • Real estate repayment terms up to 30 years
  • Machinery and equipment repayment will not exceed the useful life of the purchase or 15 years, whichever is less
  • Working capital repayment terms up to 7 years
  • Streamlined process supported by local decisions
  • Exceptional assistance channeled through an experienced lending team

Learn More

For more information, visit the USDA government website.

*Subject to credit approval.
**The Secretary may approve guaranteed loans in excess of $25 million, up to $40 million, for rural cooperative organizations that process value-added agricultural commodities.
Small Business Loans (SBA)
  • Available for start-up businesses, as well as purchasing and refinancing existing businesses

  • Government-assisted help for businesses that might otherwise have difficulty securing funds
  • Special financing for qualifying businesses

  • Competitive rates for a wide range of business needs:
    • Commercial real estate purchase

    • Construction

    • Business acquisition or expansion
    • Equipment/inventory purchase

    • Working capital

    • And more
  • A wide range of lending options available

  • Generally lower down payments and extended terms

  • Additional considerations taken when deciding maturity*
  • Streamlined process supported by local decisions
  • Exceptional assistance channeled through an experienced business lending team
***Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the useful life of the assets financed.

Looking for a business financing solution?

Let us know to get the process started.