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We are an award-winning SBA Rural Lender.

This is our specialty. 

At D.L. Evans Bank, we understand that thriving small businesses are a large part of what makes a community healthy. For many small businesses, an SBA loan is the best financing option because of longer repayment terms, lower monthly payments, and often a lower down payment. 

As an SBA Preferred Lender, D.L. Evans Bank has the authority to process and approve SBA loans on behalf of the U.S. Small Business Administration. Because of this, our SBA loan process is streamlined and expedited — superior efficiency from application to closing.

Whether you are starting a new business, seeking additional working capital, making improvements, or purchasing commercial real estate, we are here to help! Our mission is to assist small business owners in achieving their dreams. 

We are recognized as a top SBA lender in the communities we serve. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us ready to meet your needs and exceed your expectations.

Inquire or apply now and an experienced loan officer will be in contact with you soon!

Details

  • Financing for businesses that might otherwise have difficulty getting approved
  • Competitive rates for a wide range of business needs:
    • Commercial real estate purchase
    • Construction
    • Business acquisition or expansion
    • Equipment/inventory purchase
    • Working capital
    • And more
  • Generally lower down payments and extended terms
  • Local decision-making
  • Attentive, friendly service from start to finish

Request More Information

 
Learn more about SBA resources with the SBA Training Center.

SBA Express Term Loans are an expedited version of the SBA 7(a) Loan. To help finance your multiple business needs, we can individually adapt a loan to your goals.

D.L. Evans Bank is a Preferred Lender with the SBA and is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

  • Purpose
    • Working Capital
    • Inventory
    • Equipment
    • Furniture and Fixtures
    • Debt Refinance
    • Business Acquisition
    • Land
    • Real Estate
    • Tenant Improvements
    • Multi-purpose business needs can be financed in one loan for ease of processing and repayment
  • Loan Amount
    • Up to $500,000*
  •  Interest Rate
    • May be fixed or variable and is based on Wall Street Journal Prime plus a margin
  • Payment Terms
    • Up to 10 years for non-real estate purposes
    • Up to 25 years for real estate
    • No balloon payment and lower monthly payments
    • Blended maturity may be available for mixed purpose loans
  • Fees
    • SBA Guaranty fee of 0% of the guaranteed portion of the loan for loans $500,000 or less. (Some exceptions may apply)
    • SBA Guaranty, SBA packaging fees, and other bank costs are allowed to be financed in the loan.
  • Down Payment
    • Minimum of 10% for start-up companies and business acquisitions
  • Pre-Payment Penalty
    • Loans with a repayment term of 15 years or more will have a pre-payment penalty in the first three years (5%-1st year, 3%-2nd year, and 1%-3rd year)

*Must meet eligibility requirements.

SBA Express Term Loan - Printer Friendly

In growing your business, access to working capital can assist with cash flow and meet your short-term needs, such as purchasing inventory, the payment of accounts payable, and the funding of operating expenses (payroll, rent, etc.).

D.L. Evans Bank is a Preferred Lender with the SBA and is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

  • Purpose
    • Working Capital
  • Loan Amount
    • Up to $500,000*
  • Interest Rate
    • Variable, and is based on Wall Street Journal Prime plus a margin
  • Repayment Terms
    • Up to 10 years with a 5-year revolving period of interest-only payments and a 5-year, term-out period of principal and interest payments
  • Fees
    • SBA Guaranty fee of 0% of the guaranteed portion of the loan for loans $500,000 or less. (Some exceptions may apply)
    • SBA Guaranty, SBA packaging fees, and other bank costs are allowed to be financed in the loan. 
  • Down Payment
    • Does not apply
  • Pre-Payment Penalty
    • Does not apply

*Must meet eligibility requirements.

SBA Express Line of Credit - Printer Friendly

The SBA 7(a) loan is a term loan that offers flexibility and affordability to businesses for multiple purposes such as starting a business, purchasing equipment, acquiring real estate, or funding permanent working capital. The SBA 7(a) loan is competitive with other loan products offering longer repayment terms with no balloon payment, a lower down-payment requirement, and competitive interest rates and loan fees.

D.L. Evans Bank is a Preferred Lender with the SBA and is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

  • Purpose
    • Working Capital
    • Inventory
    • Equipment
    • Furniture and Fixtures
    • Debt Refinance
    • Business Acquisition
    • Land
    • Real Estate
    • Tenant Improvements
    • Multi-purpose business needs can be financed in one loan for ease of processing and repayment
  • Loan Amount
    • Up to $5,000,000*
  • Interest Rate
    • May be fixed or variable and is based on the Wall Street Journal Prime plus margin
  • Repayment Terms
    • Up to 10 years for non-real estate purposes
    • Up to 25 years for real estate
    • No balloon payment and lower monthly payments
    • Blended maturity may be available for mixed purpose loans
  • Fees
    • SBA Guaranty fee of 0% of the guaranteed portion of the loan for loans $500,000 or less. (Some exceptions may apply)
    • SBA Guaranty, SBA packaging fees, and other bank costs are allowed to be financed in the loan.
  • Down Payment
    • Minimum of 10% for start-up companies and for business acquisitions
  • Pre-Payment Penalty
    • Loans with repayment term of 15 years or more will have a pre-payment penalty in the first three years (5%-1st year, 3%-2nd year, and 1%-3rd year)

*Must meet eligibility requirements.

SBA 7(A) Term Loan - Printer Friendly

If your business is looking to expand by acquiring long-term fixed assets such as commercial real estate or equipment, D.L. Evans Bank offers SBA 504 loans to meet your needs. To complete the SBA 504 loan, the bank will partner with a Certified Development Company (CDC), which represents the SBA. The bank finances up to 50% of the project, the CDC finances up to 40% of the project, and the borrower provides the remaining portion of the project. If the project is considered a start-up company or a special-use property, an extra 5% equity injection from the borrower may be assessed for each classification.

D.L. Evans Bank is a Preferred Lender with SBA and is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

  • Purpose 
    • Equipment
    • Land
    • Construction of Real Estate
    • Purchase of Real Estate 
  • Loan Amount
    • Up to $5 million to $5.5 million, depending on the type of business project*
  • Interest Rate
    • The Bank's interest rate may be fixed or variable
    • The CDC's interest rate is fixed
  • Repayment Terms
    • The Bank's term is up to 10 years, but may be amortized over 25 years for lower monthly payments
    • The CDC's term is up to 10 years for equipment and up to 25 years for real estate, with no balloon payment
  • Fees
    • Third Party Lender Participation Fee
    • CDC Processing Fee 
    • Other Bank Costs
    • Fees are allowed to be financed in the loan
  • Down Payment
    • Minimum of 10% with an additional 5% for start-up companies and 5% for special-use properties
  • Pre-Payment Penalty
    • The Bank's pre-payment penalty may cover up to 10 years
    • The CDC's pre-payment penalty is declining for half (1/2) of the term

*Must meet eligibility requirements.

SBA 504 Loan - Printer Friendly

The SBA Veterans Advantage provides veterans with 0% Guaranty fee on loans of less than $500,000.*

Qualifying businesses include small businesses owned and controlled (51%+) by one or more of the following groups:

  • Veteran
  • Active-duty military in TAP
  • Reservist or National Guard Member
  • A spouse of any of these groups
  • A widowed spouse of a service member or veteran who died during service
  • A service-connected disability

D.L. Evans Bank is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

SBA Veterans Advantage Loan - Printer Friendly

*Exceptions may apply

Whether you are starting a business or growing an existing one, there are many resources that are available to assist you. Visit any of the following websites to learn more about upcoming workshops and events and find other helpful information to make your business a success.

D.L. Evans Bank is recognized as a top SBA lender in the communities that it serves. Our knowledgeable loan officers, dedicated SBA Department, and the ability to service your loan in one of our many branches make us readily available to meet your needs and exceed your expectations.

Small Business Resources:

Veteran-Owned Business Resources:

Women-Owned Business Resources:

Minority-Owned Business Resources:

SBA Resources - Printer Friendly

SBA Awards

Cover all other business needs with our commercial loans.

Learn More About Commercial Loans