SBA Loans

Your business is your passion and consumes much of your time. Having the support of a lending partner is critical to your success. We are proud to be a Preferred Lender with the Small Business Administration (SBA) and are passionate about the impact of the SBA program on the local business community. Let us see how we can help!

Versatility
Accessibility
Here For You

Why SBA Loans?

SBA loans are a powerful tool allowing lenders to provide financing where it might otherwise not be possible. Below is a list of how SBA loans can be used and how they can benefit a small business.

Versatility

Flexibility in how the loan can be used, for small needs to big dreams

Examples of use include: starting your business, expanding/renovating your building, acquiring land, constructing a new building, securing working capital, financing inventory, purchasing equipment, and more

Accessibility

Ability for low APR for those who qualify

Longer terms and smaller payments than conventional loans

Versatility

Fuel what’s next: SBA loans support a wide range of business goals

Examples of use include: 

• Starting your own business
• Purchasing a business
• Expanding/Renovating your building
• Constructing a new building
• Securing working capital
• Financing inventory
• Purchasing equipment

Accessibility

Built for small business: SBA loans offer borrower-friendly terms

Features that make SBA loans more accessible:

• Longer terms and smaller payments compared to conventional loans
• Various down payment options based on the type of loan requested
• No balloon payments
• No loan covenants or monitoring requirements

Why Choose Community First Bank?

Choosing the right lending partner makes all the difference.
When you work with CFB, you can expect:
• A dedicated team of SBA-trained professionals to guide you toward the right solution
• Deep expertise in SBA programs and requirements
• A customer-first approach that supports you at every step
• A long-term relationship—because we’re here for your business, now and into the future

Tips from our SBA Program Director

See our Recent Deals

$310,000 SBA 7(a) Term Loan

Funds used to purchase a local online reselling business in Indianapolis

$975,000 SBA 7(a) Term Loan 

Funds used to purchase commercial real estate to open a special needs facility for children in Kokomo

$1,000,000 SBA 7(a) Term Loan 

Funds used to purchase a FedEx package delivery route system in Evansville

Hear from our Customers

In the News

Scott Hammersley was awarded for his 2nd and 3rd 504 loans. Adam Pleva was awarded for his 1st 504 loan.
December 20, 2024

Community First Bank Named Runner-Up for Small Business Lender of the Year

Community First Bank Named Runner-Up for Small Business Lender of the Year December 20, 2024 – Community First Bank...
Community First Bank’s (from left) Bob Hickman, Pete Needler, Jeff Magginnis, Greg Gordon, Scott Hammersley, Adam Pleva, and Duane Kamminga accept award from Indiana Statewide CDC’s Jean Wojtowicz.
January 2, 2023

Community First Bank Named Indiana Small Business Lender of the Year

Community First Bank Named Indiana Small Business Lender of the Year January 2, 2023 – Community First Bank of...

Learn more at SBA.gov