More opportunities for small business owners
Our bankers understand SBA financing.
When small business owners are launching their new company or need to fund growth, buy real estate or machinery or equipment, or increase their inventory, they know that capital fuels the enterprise. And Webster knows how to help.
Financing backed by the US Small Business Administration (SBA) and issued by Webster is a viable option for many small businesses. As one of the top SBA loan lenders in New England — including a leading lender to women- and minority-owned companies — we know where you’re coming from. And we can help get you to where you want to be…with competitive SBA loan rates and flexible terms to meet your needs.
While an SBA loan isn’t a loan directly from the government, it is backed and partially guaranteed by the Small Business Administration. This backing enables private lenders like Webster Bank to issue financing to small businesses with lower interest rates, longer repayment terms, and sometimes lower down payment requirements than conventional loans.
To qualify, businesses must generally be for-profit, U.S.-based, meet SBA size standards, and be creditworthy.
SBA loans can be used for a variety of purposes. Small businesses typically use them for start-up, growth or acquisition costs, working capital, refinancing existing high-interest debt, or to purchase major items like equipment or real estate.
The flexibility you need
Connect with a Webster SBA Loan Specialist
Longer terms and reduced down-payment options available
Any small business owner can apply, from start-ups to well-established businesses
Preferred rates with a Webster business checking account1 and automatic payment deductions
Get the flexibility and favorable terms you need to make the most of your business, backed by Webster’s expertise and personalized support. That’s why we’re a trusted SBA lender. Fill out the form to request more information or contact our team of Business Banking professionals today.
All credit products, pricing, and overdraft protection are subject to Webster Bank’s standard credit approval process. Some applications may require additional documentation or further review, which may affect the approval timeline.
Certain terms and conditions apply. Total business loan exposure at Webster Bank cannot exceed $250,000, and loans must be secured by business assets only (real estate is excluded).
A Webster business checking account is required prior to loan closing and must be used for automatic payment deductions to qualify for preferred rates.
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