Congratulations to First Southwest Bank (FSWB) on being named SBA Colorado’s 2024 Rural Lender of the Year! The award recognizes FSWB’s dedication to fostering economic growth and improving the quality of life in rural Colorado. Read more about the award on the FSWB website. FSWB is an SBA preferred lender, and was named SBA Community Rural Lender of the Year in 2021 and 2022.
SBA loans are long-term, small business loans partially guaranteed by the U.S. Government.
SBA loans offer these benefits:
- Loans up to $5 million
- Longer-term loans
- Loans for Start Ups (less than 3 years old)
- SBA guarantee fees waived on loans $1 million or less
- SBA guarantee fees reduced on loans greater than $1 million
And are best used for:
- Business acquisition
- Equipment
- Debt Refinance, working capital and inventory
- Tenant improvement
- Commercial real estate purchase
- Business expansion