SBA Lending at Timberland Bank
The Small Business Administration (SBA) is a great resource for new and growing small businesses. Your small business may qualify for financing more easily and receive more flexible terms through SBA lending, which can help preserve your working capital for other expenses.
SBA 7(a)
The SBA 7(a) loan program helps provide working capital for business needs, from general operation expenses to expansions. Whether purchasing new equipment, real estate growth or working capital, this SBA business loan has the flexibility you're looking for. SBA 7(a) loans provide working capital for business needs, from general operation expenses to expansions. SBA 7(a) loans also feature longer loan terms and no balloon payments.
SBA 504
The SBA 504 loan program is a great choice for owner-operated, for-profit businesses. Through the SBA 504 loan program, business owners can receive up to 90% financing for the purchase, construction, and renovation of owner-occupied real estate or for purchasing machinery and equipment. SBA 504 loans feature fixed rates available at 10, 20 and 25 year and up to 90% financing.
SBA Express
The SBA Express loan program features an easy application process and accelerated approval times, which makes this a popular choice for small businesses. SBA Express loans offer longer terms and lower down payment requirements than conventional loans. Plus, the SBA Express loan program features accelerated approval and flexible repayment terms.
Business Credit Cards
A variety of Timberland Business Credit Cards are available through a partnership with ELAN Financial Services. Please visit your branch for an application.
Locate a Business Lender
We are proud to serve businesses across Western Washington. Locate a Timberland Business Lender in your area and let's talk about what you want to accomplish.
Resources and Applications
For your convenience, please click the links below to download copies of each form needed to proceed with your business loan application.
- Business Loan Application(Opens in a new Window)
- Personal Financial Statement(Opens in a new Window)
- Environmental Disclosure Statement(Opens in a new Window)
- W-9 Form
- Form 4506-T(Opens in a new Window)
- Business Debt Schedule(Opens in a new Window)
SBA Forms and Applications
South Sound Business Summit
The South Puget Sound region takes great pride in being the home to over 52,008 small and new startup businesses. Created in 2016, The South Sound Business Summit’s purpose is to support South Puget Sound businesses through an educational event that inspires and connects the community.
The South Sound Business Summit takes place during the national celebration of small businesses and entrepreneurs, National Small Business Week. Join us at this year's Summit on May 5, 2020. Visit www.southsoundbusinesssummit.com to learn more about the event.
Additional Resources
The Washington Small Business Development Center (WSBDC) provides no-cost confidential consulting and low cost training in proven management fundamentals helping small business owners and potential entrepreneurs make sound decisions for the successful operation of their business. The offices are staffed by Certified Business Advisors (CBA) who assist with business plans, proposals, etc.
