ACH Schedule for Independence Day:

Business Online Banking ACH files must be received by Thursday, June 30 in order to settle before the upcoming federal holiday (Independence Day). ACH files received on Friday, July 1 will not settle until Tuesday, July 5.

Small Business Administration (SBA) Loans

Start or expand your business with loans guaranteed by the Small Business Administration.

First Interstate Bank is an SBA Preferred Lender. You’ll work with our dedicated SBA lending team in partnership with the lending team where you are located. We are committed to helping you and your business thrive.

Contact our SBA team

SBA Loan Programs

SBA loans are government-guaranteed loans that help businesses get started, expand, and prosper. They are available to new and existing small companies.

Loans guaranteed by SBA can be used for most business purposes, including seasonal financing, revolving credit, machinery and equipment, owner-occupied real estate purchases, or new construction. SBA loans offer more flexible terms, lower down payments, and a broader qualification process when conventional commercial financing may not be available.

First Interstate Bank offers the following SBA loan programs

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SBA 7(a) Loan Program

  • For small businesses looking to acquire an existing business, buy owner-occupied real estate or equipment, expand, refinance existing business debt, or keep cash flow moving. 
  • Loan amounts up to $5 million with terms extending to 25 years.
  • Flexible loan terms, with less money down.
  • 7(a) Small Loans: Any 7(a) loan under $350,000 allows for credit scoring by the SBA, meaning faster processing and funding.
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SBA Express

  • Streamlined approvals for working capital, seasonal needs, and to support accounts receivable and inventory needs.
  • Loans and lines of credit up to $500,000 are available
  • Typically paired with a 7(a) term loan.
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SBA 504 Program

  • A partnership with a certified development company, representing the SBA.
  • For businesses looking to grow through construction, purchase of land or buildings, or the addition of extended life equipment
  • SBA Debenture portion up to $5 million with terms extending to 20 years.
  • Below market fixed rate and a low-down payment.
  • The Bank portion of the loan looks similar to normal commercial financing.

*Loans are subject to credit approval. Some restrictions and loan fees may apply.

More SBA Programs

Learn more about other funding programs offered directly through the SBA.

Additional Business Resources

Financial Well-Being for Entrepreneurs

Explore what you can do to achieve financial wellbeing while starting a new business or going into business for yourself.

Learn More

Developing a Business Plan

A business plan outlines the financial, operational, and marketing goals for your company.

Learn More

Obtaining Financing and Funding for Your Small Business

Learn how to find the right financing and funding sources for your small business.

Learn More

Let’s keep business working.

Flexible, efficient, always at the ready. We have the right solutions to keep any business ready to do business.

Business Banking