SBA Patriot Express Loan
The SBA Patriot Express loan program can be utilized as either a term loan or line of credit option for qualified businesses owned by a veteran or active duty military member, national guard member, reservist, or current spouse or widowed spouse of a service member who died during service or of a service-connected disability.
Patriot Express loan proceeds can be used for most business purposes, including:
- Working capital
- Machinery and equipment
- Furniture and fixtures
- Leasehold improvements
- Land and building (including purchase, renovation and new construction)
- Debt refinancing (under special conditions)
Home Federal Bank is a SBA Preferred Lender!
As a Preferred Lender for the U.S. Small Business Administration (SBA), we have the delegated authority to process, close and service most SBA loans without prior SBA review. Our experienced Relationship Managers can provide you with quick approval and loan processing turnaround to save you time and money.
To be considered for a SBA loan, borrowers must meet certain eligibility requirements. Call or stop by your local Home Federal Bank branch to discuss your SBA loan options today.