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Fifth Third Bank

small business lending

Flexible loan options to fit the unique needs of your business

small business loans and lines of credit

Whether you’re starting a business, managing your business’s growth or even buying a business, chances are, you’ll need financing—a small business loan or business line of credit.

A SBA loan from Fifth Third can make all the difference.

Backed by the Small Business Administration, SBA loans1 and lines of credit1 offer more flexible borrowing amounts and repayment options, which usually mean lower monthly payments for you.1

And because there are different types of SBA loans, you can find the right loan for your needs, from working capital to equipment financing to commercial real estate—and everything in between.

Benefits of small business lending from SBA include:

  • Fixed or variable interest rates with flexible terms up to 25 years and no balloon payments, depending on the purpose of the loan.
  • The option of financing closing costs 3
  • A down payment as low as 10% on commercial real estate loans.
With an active business line of credit, term loan, or SBA loan, we’ll waive the standard monthly service charge on your Business Premium or Business Elite checking account.2

Fifth Third Bank offers flexible SBA solutions to support your business.

  • Loan limit up to $5,000,000
  • Loan proceeds may be used for commercial real estate expansion/new construction, working capital, equipment finance, refinancing existing debt, or exporting
  • Term loan or line of credit
  • Loan limit up to $350,000
  • Similar to 7(a) loan, but simpler application process and faster approval
Designed for veterans and members of the military community4 who want to establish or expand small businesses.
  • Current spouses or widowed spouses of a service member or veteran may also be eligible to participate
  • Loan limits from $125,000 to over $10,000,000
  • Designed to help small businesses acquire fixed assets, such as commercial real estate or equipment
  • Provide affordable, long-term financing through certified development companies (CDCs) in cooperation with Fifth Third Bank
  • Borrower makes a down payment as low as 10% on the purchase of commercial real estate and equipment
  • Includes job creation requirement6
  • This program offers small businesses a revolving line of credit for short-term and cyclical working capital needs.
  • Line of credit up to $5,000,000 available.
The SBA has specific requirements to qualify for SBA financing:
  • Businesses must be for-profit.
  • Businesses must operate in the United States or its possessions
  • Businesses cannot have more than $15,000,000 in maximum tangible net worth and a two-year average net income after federal income tax of $5,000,000
  • Businesses must show that the loan can be repaid from existing cash flow



Notices & Disclosures
1.

All Business Loans and Lines of Credit are subject to credit review and approval.

2.

Business Term Loans must have a balance during the checking statement cycle being evaluated. Business Lines of Credit or Revolving Lines of Credit must have a balance or have been used during the checking statement cycle being evaluated. The business entity owning the Fifth Third Business Checking account must be the same business entity owning the Business Loan or Line of Credit. Ask a Fifth Third representative for details.

3.

Other non-SBA fees may apply.

4.

Includes active duty, retired, reserve/guard, and commissioned officers of the Public Health Service or the National Oceanic and Atmospheric Administration.

5.

Unlike 7(a) loans, 504 loans include job creation requirements: Manufacturers, for example, must create or retain one new job for each $100,000 of the loan, while all other industries must create or retain one new job for each $65,000 of the CDC 504 loan.

6.

Other SBA qualification requirements exist. Please contact a Fifth Third Bank SBA Specialist for more details.

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