SBA Lending

There Are No Small Ideas

Small businesses are the biggest economic drivers in the communities we serve, and we do everything we can to help them thrive. Highpoint Community Bank is ready to help your business grow with Small Business Administration (SBA) loans. Whether you are starting your own business, purchasing equipment, building, renovating, or purchasing commercial real estate, we are ready to assist you with the financing your business needs to succeed. Click the buttons below for more information on available SBA loan programs.

SBA 7(a) Loan Program SBA 504 Loan Program

Meet Our SBA Team

Linda Engle

Vice President, Business Development Director

NMLS # 688842

Markets Served: West Michigan

Rob Ranes

Senior Vice President, Lending

Markets Served: West Michigan

Jay Ahmed

Senior Vice President, Credit

Markets Served: West Michigan

Loan Structure
  • 80% – 90% Bank Loan
  • 10% – 20% Down Payment
  • 50% Bank Loan
  • 30% – 40% SBA Loan
  • 10% – 20% Down Payment
SBA Guarantee
  • Loans with maturities greater than 12 months; up to 75% guarantee
  • Loans with maturities less than 12 months; up to 75% guarantee
  • 0% Bank Loan
  • 100% SBA Loan
Interest Rates
  • Fixed, Variable or Combination
  • Fully Amortized – No Balloon
  • Fixed or Variable on Bank Loan
  • Fixed on the SBA Loan
  • Rate negotiated on Bank Loan Rates on SBA portion are set monthly at the time of funding
Loan Term
  • Real Estate — up to 25 years
  • Real Estate improvements — up to 25 years
  • Equipment — up to 15 years
  • Leaseholds — up to 10 years
  • Working Capital — up to 7 years
SBA Loan:

  • Real Estate – 20 years
  • Equipment – 10 years

Bank Loan:

  • Real Estate – 10 years
  • Equipment – 7 years
Loan Proceeds Use
  • Purchase Land & Building
  • Construction, Renovations, or Leasehold improvements
  • Furniture and Fixtures
  • Machinery and Equipment
  • Inventory and Working Capital
  • Purchase Existing Building
  • Land Acquisition and Construction
  • Expansion of Existing Building
  • Building Improvements
  • Equipment (no rolling stock)

For more information about how Highpoint Community Bank can help you with your business financing needs, contact us today.