Small Business administration (SBA) loans

SBA Loans 

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Bell Bank started from humble beginnings, so we know what it’s like to take a small business and grow it into something big. Because we’ve been there, we understand what you’re looking for when you need a loan. As an SBA Preferred Lender, we can make important lending decisions locally, which creates a quicker turnaround time and a better overall experience for you.

At Bell, we see your potential, and we want to do business with you.

Our Services

 

SBA 7(a) Loans

SBA's primary business loans, with flexible structure, variety of uses and broad eligibility requirements and credit criteria.
Details

 

Are you seeking to do any of the following:

  • purchase a business,
  • acquire real estate
  • buy-out a business partner
  • purchase equipment
  • add additional locations
  • refinance debt
  • fund working capital needs

If so, an SBA 7(a) loan might be right for you. This option is geared toward long-term financing for businesses with net worth below $15 million and an average net income below $5 million.

SBA 504 Loans

SBA 504 loans offer purchase or construction of owner-occupied commercial real estate, leasehold improvements and equipment purchases. 
Details


Are you seeking to do any of the following:

  • expand via new construction
  • purchase equipment
  • acquire land and/or a building

If so, an SBA 504 loan might be right for you. This option is geared toward long-term financing for businesses with net worth below $15 million and an average net income below $5 million.

SBA Express Loans

Are you seeking a flexible revolving line of credit up to $500,000?
Details

If so, an SBA Express Loan might be right for you. This option is geared toward short-term, revolving financing needs for business with net worth below $15 million and an average net income below $5 million.

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Our Approach

Being an SBA Preferred Lender means we can offer you guidance and alternative financing solutions. We give you personal assistance throughout the process, and strive for expedited closings so you can move forward with confidence.

When you visit with one of our business bankers, you should have the following available for review:

  • Business plan (for start-ups)
  • Personal financial statement
  • Business financial statement (for existing businesses)

Contact Us

Work with a team that understands the SBA loan process to help your business not only grow, but thrive.
Eric_Halvorson

Fargo, ND

Eric Halvorson

SVP, Commercial Banking Director
701-298-1535
ehalvorson@bell.bank
Paul_Flood

Minneapolis, MN

Paul Flood

SVP, SBA Lending Manager
952-905-5089
pflood@bell.bank
Matthew_Mapes

Phoenix, AZ

Matthew Mapes

SVP, SBA Lender
480-660-7915
mmapes@bell.bank