Loan Programs

Commercial Real Estate 504 Loan Program
This program is for the acquisition, construction and/or renovation of commercial land and buildings as well as the acquisition of long lived (20 year or longer) machinery and equipment. This program provides long term, fixed rate (typically below market) financing to businesses that will retain and/or create jobs in the state of Georgia and Beaufort, Hampton and Jasper Counties in South Carolina.

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SBA 7(a) Bank Guaranty Program
This program is the “common” SBA loan that can be used for any business purpose – working capital, inventory or equipment, refinance existing debt, or to purchase a business. A bank makes the loan, and the SBA provides a guarantee – up to $562,500. The maximum loan amount is $750,000.

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MicroLoan Program
If you are a business in our approved area (See Map) needing a small loan for most any business purpose, perhaps the MicroLoan Program is for you. The maximum loan is $50,000 and it may be combined with another bank loan for a total financing of $105,000.

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Georgia Green Loans
This new loan program was developed to promote eco-friendly, “green” business initiatives. Businesses seeking to become more energy efficient in their operations are encouraged to apply.

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City of Savannah Sponsored Loan Programs
The City of Savannah, in their effort to stimulate economic growth in the City, makes loans available to small business owners through SBAC. Priority is given to businesses located in low to moderate income neighborhoods, minority owned businesses and businesses that will create jobs for low to moderate income persons. Loan guarantees and direct loans are available.

City of Savannah Direct Loan Program
City of Savannah Business Loan Guaranty Program
HUD Special Purpose Loan Program
Martin Luther King Revolving Loan Program


USDA Loan Programs
Loans from the USDA to the ultimate recipient using either the IRP or RMAP funds must be for community development projects, the establishment of new businesses, expansion of existing businesses, creation of employment opportunities, or saving existing jobs and be located within the service areas.

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Small Steps to Success Loan Program
“Small Steps to Success” loan program is an ideal way for micro entrepreneurs to fund business projects or start-up that can start small and grow. This is a credit builder loan for those facing credit history issues, no collateral or little money to invest.

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SSBCI Loan Program
Small Business Assistance Corporation is a Community Development Financial Institution (CDFI) that has been selected to administer the State Small Business Credit Initiative Loan Program in the State of Georgia. GA Funding for CDFIs is a loan participation program specifically designed to increase access to capital for Georgia’s underserved small businesses—particularly those which are minority or women owned, located in low to moderate income areas, those which employ low to moderate income individuals and businesses located in underserved communities.

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