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Offering the Best Commercial Loan Options. Designed specifically to assist small businesses, SBA loans enable our business customers to borrow money for the longest term at the most competitive interest rate available. SBA loans feature installment-based payments – the original loan amount is divided into equal payments over the term of the loan. As the #1 local SBA lender in Snohomish County and one of the top 10 SBA lenders in Washington State, First Heritage Bank qualifies as a Preferred Lender by the Small Business Administration. This means we offer a dedicated, full-service SBA Department that can make all types of SBA loans – for starting a business or expanding it. Our highly experienced loan officers can help you select the right SBA loan for your business needs. Our track record speaks for itself: First Heritage Bank has consistently earned its reputation as the #1 local SBA lender in Snohomish County and placed in the top 10 SBA lenders in Washington State every year since 1990 when it was designated a Preferred Lender* by the Small Business Administration (SBA).** Want to know more about our SBA loans? First Heritage Bank offers several free, educational seminars and SCORE workshops each year. Ask a First Heritage loan officer for details and dates. * Preferred LenderIn 1990, First Heritage Bank was honored with Preferred Lender status by the SBA. It was one of the smallest banks ever to receive that designation – and one of only a handful of banks in the Washington State. Participants in the Preferred Lender Program (PLP) are selected from the best performing lenders by the SBA. Consequently, First Heritage Bank enjoys full authority and responsibility for handling nearly all aspects of SBA loans, including credit decisions, closing, servicing and administration. Using its preferred status, First Heritage can process a qualified loan in as little as a few days!** The SBACreated in 1953 as a permanent, independent agency of the Federal Government, the Small Business Administration (SBA) is designed to assist the small business owner. With nearly 98 percent of the firms in this country meeting the SBA’s size and standards for small business, SBA loans are available to most qualified businesses. Call or visit a First Heritage Bank loan officer in any branch for current business lending rates and to discuss our various lending programs. Additionally, we have many preferred mortgage partners that can assist you with your ongoing mortgage lending needs. Ask us for details today.
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