Community & Southern Bank :: Carrollton, GA and surrounding counties

SBA Loans

Are you looking for the financing to start your own business? Are you in need of financing to support your existing small business? Community & Southern Bank is here to help!

We offer SBA loans customized to meet your individual financing needs.

Who's eligible:

The business must be for profit. Charitable and non-profit organizations are not eligible.
Businesses that are located within the United States or its territories.
The business must meet size standards as set forth by the SBA:

Manufacturing and Wholesale industry eligibility is determined based on number of employees
For all other types of industries, eligibility is determined based on revenue.
The maximum size standards for the most common industries are as follows:

500 employees for most manufacturing and mining industries
100 employees for all wholesale industries
$6.5 million for most retail and service industries
$31 million for most general and heavy construction industries
$13 million for all special trade contractors
$750 thousand for most agricultural industries

Small businesses that derive less than one-third of their annual gross revenue from lottery sales (where legal).
Contact us at 770-832-3557 for more details.

How can SBA loan proceeds be used:

Purchase and/or construction of real estate.
Leasehold improvements.
Machinery
Equipment
Furniture
Working Capital
Refinancing existing debt as long as it shows at least a 20% improvement in cash flow.

Terms:

Interest rates may be fixed or variable, but cannot exceed SBA maximums.
Length of time for repayment will vary, depending on the use of the proceeds and the ability of the business to repay.

Collateral:

All loans are to be adequately secured.
Normally business assets are pledged and occasionally personal assets.
Personal guarantees of the principals are required.

For more information: Contact the Community & Southern Bank Commercial Lending Department (770) 832-3557. All of the SBA's programs and services are provided to the public on a nondiscriminatory basis.

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	SBA Loans Are you looking for the financing to start your own business? Are you in need of financing to support your existing small business? Community & Southern Bank is here to help! We offer SBA loans customized to meet your individual financing needs. Who's eligible: The business must be for profit. Charitable and non-profit organizations are not eligible. Businesses that are located within the United States or its territories. The business must meet size standards as set forth by the SBA: Manufacturing and Wholesale industry eligibility is determined based on number of employees For all other types of industries, eligibility is determined based on revenue. The maximum size standards for the most common industries are as follows: 500 employees for most manufacturing and mining industries 100 employees for all wholesale industries $6.5 million for most retail and service industries $31 million for most general and heavy construction industries $13 million for all special trade contractors $750 thousand for most agricultural industries Small businesses that derive less than one-third of their annual gross revenue from lottery sales (where legal). Contact us at 770-832-3557 for more details. How can SBA loan proceeds be used: Purchase and/or construction of real estate. Leasehold improvements. Machinery Equipment Furniture Working Capital Refinancing existing debt as long as it shows at least a 20% improvement in cash flow. Terms: Interest rates may be fixed or variable, but cannot exceed SBA maximums. Length of time for repayment will vary, depending on the use of the proceeds and the ability of the business to repay. Collateral: All loans are to be adequately secured. Normally business assets are pledged and occasionally personal assets. Personal guarantees of the principals are required. For more information: Contact the Community & Southern Bank Commercial Lending Department (770) 832-3557. All of the SBA's programs and services are provided to the public on a nondiscriminatory basis. ^ Top