How to Apply for SBA Loans

Application Process

Using initial information (see the lists below), your Banker and Loan Officer will determine the best program and structure for your loan request. Your business experience, cash flow, collateral, credit and other financial strengths will all be considered.

Following a positive initial analysis, your Loan Officer will guide you through the process of getting your loan approved and funded. The closing process and time varies with each loan program. The process begins with our 48-hour response to your complete application.


Download Highland Bank’s SBA Loans Comparison Chart (PDF)

Required Documents

Preparation is key to a quick loan approval. You can assist by completing the following information:

Start-up Business
  • Business plan
  • Personal tax return for the past 3 years for all owners
  • Personal financial statement for all owners
  • Resumes for all principals, guarantors and key managers
  • Source and amount of down payment
  • Available collateral
  • Ownership documents
Existing Business