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Ambitious
We have a keen eye for recognizing up-and-coming businesses.

Small Business Lending

A Small Business Administration loan is a business loan made by banks with up to 75% of the loan guaranteed by the U.S. Government.

Why Amegy Bank of Texas?
  • Preferred SBA Lender, the highest designation awarded by the SBA.
  • Experienced, responsive SBA team that will personally handle the request from start to finish.
  • Local underwriting, closing and funding which means quicker turnaround.
  • Flexibility – we make it happen.
Why SBA?
  • Longer repayment terms available with no balloon payments – up to 25-year note and amortization on real estate.
  • Less money down – as little as 10% down.
  • Lower debt service coverage requirements – startups and young companies are eligible.
  • No prepayment penalties on loans less than 15 years.
  • Less restrictive collateral parameters – we are “cash flow” lenders.
  • Less financial reporting requirements.
  • Less restrictive loan agreement covenants.
  • Competitive interest rates.
What can the money be used for?
  • Purchase, construction or expansion of owner-occupied real estate.
  • Purchase of machinery, equipment, furniture, fixtures and leasehold improvements.
  • Business acquisition or partner buy-outs.
  • Debt refinancing.
What are some of the qualifying guidelines?
  • Owner-operated, owner-managed businesses.
  • Debt service coverage of at least 1.25x.
  • Management and/or industry experience.
  • Good personal credit.
  • Loan size of $100,000 to $3 million.
  • Minimum cash injection of 10% on real estate purchases and/or 20% on startups or business acquisitions.
  • Must be a “for profit” business.
Reasons you might consider an SBA loan.
  • Need longer amortization to afford note payments (up to 25-year note and amortization).
  • Cannot afford higher down payment requirements (as little as 10% down).
  • Special-use property.
  • Startup or young business.
  • Highly leveraged.
  • Discouraged industry.
  • Insufficient collateral coverage.
  • Your request does not meet conventional borrowing base formulas.
© 2007 Amegy Bank NA Member FDIC, M/FD/V an Equal Housing Lender