Find a lending option that meets your Small Business' needs

Lines of Credit

With three line of credit options available, we can find the perfect match for your business needs.

Term Loan

Finance long-term needs, working capital, or major purchases with a fixed-rate loan with custom repayment plans.

Commercial Lending

Purchase or refinance, facilities expansion, or equipment with a loan secured by commercial property.

SBA Loan

Enjoy lower payments and longer terms with SBA loans, guaranteed, in part, by the U.S. government.

 
Need help choosing the right lending solution?

FAQs

Frequently asked questions

My business is impacted by COVID-19. What financial relief is available?

There are a number of special programs you may be eligible for to help your business if impacted by COVID-19.

  • For a limited time, The SBA is offering forgivable loans if you qualify to help your business continue to operate.  BBVA business checking customers can apply online. These loans are under their Payroll Protection Program.
  • You may be eligible for payment deferrals of existing loans or lines of credit
  • You can request NSF refunds 
  • The SBA also offers other programs that you may qualify for.  

For more information, visit 

https://www.bbvausa.com/special/covid19-small-business.html https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

 

How can I get a small business loan?

In order to qualify for a business loan, you would need to be in business for at least one year.  You can apply by visiting any of our local branches to discuss your business, goals and needs.  When reviewing loan requests we look at your personal and business credit, the profitability of the business and your personal income in addition to other factors.  Our bankers can give you more details on what is needed to qualify. 

Can online businesses get small business loans?

Yes, any type of type of business can apply for a business loan. 

What is needed to get small business loans?

It often depends on the type and size of loan.  For requests under $100k, we generally just need an application.  For larger requests, we will need more information, such as business and personal tax returns, a personal financial statement and business debt schedule.  Since each request is different, it is best to visit one of our local branches to determine what type of loan you need and what documentation will be required. 

Do I need collateral for a small business loan?

BBVA offers both secured and unsecured types of loans. 

Can I get a small business loan with bad credit?

It is very difficult to qualify for a business loan if you have bad credit since that is what we look at to see how a customer has handled credit cards and loan payments in the past.  Business owners must guarantee the loans for their business and so their personal credit is a factor.

How quickly can I get funding after applying for a small business loan?

For conventional small business loans it generally takes 7-10 days from application to funding.  If we decide that we need an SBA Guarantee it can take longer, but each request is unique.

Details you need to make a smart decision

All loans subject to program eligibility, underwriting and collateral requirements, and approval, including credit approval.
Business Term Loan/Equipment/Commercial Real Estate Loan: All loans subject to approval, including credit approval. Credit, collateral and underwriting standards apply. Customer pays origination fee. All rates and offers subject to change without notice. Please contact a BBVA banker for details.
SBA (Small Business Administration) Loans: All loans subject to SBA, collateral and underwriting requirements, and approval, including credit approval.