SBA Loans


we’re Making a Big Impact on Small Business Success

Collaborative Business PartnersHighland Bank, an SBA Preferred Lender, has built a reputation as a leading provider of U.S. Small Business Administration (SBA) loans in the Twin Cities business community. Highland Bank proudly works with local business owners to match financing options with current business needs.

The Benefits of Working with a Preferred Lender

  • Time (is money)
    As a U.S. Small Business Administration(SBA) Preferred Lender, we are allowed to approve in-house SBA loan requests. This means a quick turnaround on your loan requests once we have all necessary financial information.
  • Expertise
    We dedicate ourselves to serving the small to mid-size business community. Our experience and industry know-how provide a wide range of tools, serving all your needs.
  • Exclusiveness
    There are only a handful of metro area banks that have the SBA Preferred Lender status designation.
  • Access
    Working directly with the SBA allows us more options to meet your financing needs.

What to Expect with a Highland Bank SBA Loan

  • A Business Partner
    Work directly with us, while we maintain the relationship with the U.S. Small Business Administration(SBA).
  • Payment Flexibility
    Longer repayment terms, lower payments, and no prepayment penalties (except on commercial real estate).
  • Opportunities
    Start a new business, purchase an existing business, or purchase commercial real estate with as little as 10% down.
  • More Capital
    Use internally generated capital for other investments.

Download our SBA Brochure

SBA Loans

SBA 7(a) Program

Offers the most flexible and longest-term loans. May be used for everything from start-up and real estate to equipment and working capital.

Offers the most flexible and longest-term loans. May be used for everything from start-up and real estate to equipment and working capital.

  • Terms of up to 25 years and lower payment
  • Competitive rates and no balloon payments
  • Loan proceeds can be used for many purposes

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SBA 504 Program

For businesses with a net worth of under $15 million. This financing involves two loans — one from Highland Bank and the other from a Certified Development Company (CDC). It also has higher loan limits, so it’s ideal for larger projects. The loans may be used for real estate, construction, equipment, expansion and more.

For businesses with a net worth of under $15 million. This financing involves two loans — one from Highland Bank and the other from a Certified Development Company (CDC). It also has higher loan limits, so it’s ideal for larger projects. The loans may be used for real estate, construction, equipment, expansion and more.

  • Terms of 10–20 years with lower payments
  • Below market fixed rates on SBA financing
  • Smaller down payment and no balloon payments

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SBA Express Program

Provides working capital lines of credit for manufacturing, wholesale, services and retail businesses. May be used to finance inventory, accounts receivable, a specific contract and more.

Provides working capital lines of credit for manufacturing, wholesale, services and retail businesses. May be used to finance inventory, accounts receivable, a specific contract and more.

  • Terms of up to 5 years
  • Competitive rates
  • No application required

Learn More