• Are you expanding and need to construct a new facility?
• Are you tired of leasing and ready to purchase a building?
• Do you need to refinance your real estate balloon mortgage?
• Would you like to reduce your mortgage payments by 20% or more?

The U.S. Small Business Administration's Guaranteed Loan program intends to help your business grow and prosper. Coastal Banking Company's experience with SBA lending has earned us a "Preferred Lender" status. For you, this means more flexibility and a quicker decision.

Coastal Banking Company is totally committed to helping small businesses thrive throughout the southeast to include Florida, Georgia and South Carolina.

What is an SBA loan?
An SBA Loan is a program established by the U.S. Small Business Administration to promote the growth of small business enterprises. The program encourages banks to lend to entrepreneurs. To achieve this goal, the SBA provides a guarantee of 75% of funds loaned to a qualifying small business borrower. Through the SBA guaranteed loan program, Coastal Banking Company provides financing options up to $2 million depending on the business purpose.

Is my business eligible for an SBA loan?
Almost any type of "for profit" sole proprietor, partnership or corporation is eligible for an SBA guaranteed loan. Although some criteria may vary, businesses with the following parameters are generally eligible:

• Retail and service businesses with annual sales to $20 million (depending on the type of business)
• Manufacturers with up to 1,500 employees (depending on the type of business)
• Wholesalers with no more that 100 employees

Loan Purposes
An SBA loan can be used to purchase or start your own business. The loan can also be used to expand an existing business by providing funds to make leasehold improvements, increase working capital, or purchase equipment, inventory, or real estate.

Loan Origination Centers:
Coastal Banking Company currently covers the tri-state area of Florida, Georgia and South Carolina.

Call one of our loan officers for more information.