Unlock the benefits of a local SBA Preferred Lender

SBA loans are a valuable resource for small businesses to start strong and stay competitive. These loans have lower down payment requirements and are backed by the U.S. Small Business Administration, which reduces risk for both lenders and entrepreneurs. Plus, depending on the partner you choose—such as a community bank that’s also an SBA Preferred Lender—your business can gain further advantages for your next big step. 

SBA Preferred Lenders add value at every step

If you’re a business that takes pride in an elevated level of customer service, you’ll appreciate the benefits of working with a local bank that has earned the Preferred Lender title.

Expedited loan processing

SBA Preferred Lenders like American National Bank have authority to make final credit decisions and do not need to submit loan applications to the SBA for approval. This can shorten the process by weeks. If you’ve heard these loans take longer than normal, then we would like the opportunity to change your mind.  

Better loan terms

With a Preferred Lender (PL), businesses may obtain lower rates compared to other banks. Every digit on either side of the decimal matters and the right lender will know how to compete.  

Proven ability

All PLs have demonstrated exceptional knowledge and proficiency with SBA lending. As an expert in your field, you’ll appreciate working with bankers who are experts in theirs.  

Improved chances of approval

SBA loan approval is never guaranteed. However, banks like ANB can work with you to find lending solutions instead of finding reasons to say no. Additionally, a “no” from ANB will often come with advice on how to improve your next loan application.  

Ongoing certification 

Banks with Preferred Lender status need to be recertified every two years by showing their track record of successfully processing and servicing loans. You can feel confident that our team’s skills maintain a sharp edge.   

Small businesses continue to prefer community banks

Better service

The speed of business demands flexibility to find solutions as needs change. Which is why many small business owners prefer community banks over large or national institutions. At ANB, everyone is a priority and your business, small or not, receives the attention you would give your own customers.  

Business thinkers

What if your business is better served by a small line of credit instead of a larger loan? What if there are ways to bridge a gap between payables and receivables? These are just a few examples of what it’s like to work with our bankers who are in tune with the needs of your business. Instead of a one-time transaction like a loan, you’ll find a relationship that provides ongoing support.  

Committed to the community 

Small businesses employ nearly 50% of America’s workforce and are a major component of a thriving local economy. As such, a local bank wants to see your business thrive and grow. When you choose a community bank like ANB, your dollars also stay close to home and support our local economy.  

Online tools

The perceived technology gap between what a regional bank can offer compared to a local bank can offer is officially closed. Mobile apps, digital wallets and payment processing are all standard these days. You’ll never have to sacrifice convenience and speed by partnering with a local bank like American National Bank.  

In small business banking, know-how is a competitive advantage

With a nearby, agile team, American National Bank will work closely with you to understand your business model, goals, and financial needs to provide our perspective to find solutions that fit. We’re easy to get in touch with–we live and work where you do–and we can begin with a simple conversation.