SBA LOANS

SBA Loans

We know the power of entrepreneurship; after all, we were founded by a group of entrepreneurs ourselves. That’s why we’re committed to helping grow small businesses into something great. As a Preferred Small Business Administration (SBA) lender, the dedicated SBA team at Texas Capital Bank will work closely and efficiently with you to complete the loan process. Our seasoned bankers have decades of experience in small business lending and are committed to working with you one-on-one to help you reach your goals, no matter how big they may be.

Benefits of an SBA Loan

An SBA 7(a) or 504 Loan provides businesses with access to capital that might not otherwise be available, with more flexible underwriting than conventional business loans.

With an SBA Loan, businesses can benefit from:

Lower down payment requirements
Longer repayment terms – up to 25 years
Lower capital injection requirements
Lower cash flow requirements to cover payments
Ability to conserve cash for operating expenses

SBA Loan Comparison

	SBA 7(a) Loan	SBA 504 Loan
Use	A Variety of Business Needs (details below)	Real Estate & Equipment
Loan Size	$750,000 to $5,000,000*	$2,000,000 to $15,000,000
Interest Rates	Variable or fixed rate	Variable or fixed rate
Terms	5 to 25 years, depending on loan purpose	Up to 10 years for machinery or equipment Up to 25 years for real estate
Loan Purpose	Expand or acquire a business Purchase or construct real estate Refinance existing business debt Buy equipment Provide working capital Finance building improvements Purchase inventory	Purchase land or an existing building Expand or improve an existing building Purchase long-lived machinery or equipment
Loan Structure	Up to 90% bank loan Borrower down payment as low as 10%	50% bank loan Up to 40% from a Community Development Corporation (CDC) loan Borrower down payment as low as 10%

*If you are interested in a loan for less than $750,000, please visit our Business Banking page.

Frequently asked questions about SBA Loans

How do SBA Loans work?
What does it mean to be a Preferred SBA Lender?
What qualifies my business for an SBA Loan?
What are the accepted loan purposes for an SBA Loan?
What information do I need to provide during this process?

All loans subject to Texas Capital Bank, N.A. credit approval and SBA eligibility.

PPP Clients

Texas Capital Bank’s loan portal is ready to accommodate the loan forgiveness process. If you have not already made us aware of your preferred date to apply for forgiveness, please contact us.

How should applicants prepare?

To ensure you’re ready to apply for forgiveness, please review the loan forgiveness application instructions and the appropriate loan forgiveness application, and gather the necessary documentation.

You will not be required to submit a completed form, because Texas Capital Bank will generate your form based on your input in our portal. However, you should be familiar with which form your business will use.

There are currently two forms that can be used to apply for forgiveness. On June 16, the SBA released a revised PPP Loan Forgiveness Application (Form 3508) and an EZ version of the application (Form 3508-EZ). To determine if you qualify for the simpler EZ form, one of the following statements must be true:

Are self-employed and have no employees OR
Didn’t decrease their employees’ wages or salaries by more than 25%, and didn’t reduce their employees’ number or hours OR
Experienced reductions in business activity due to COVID-19 related health directives and didn’t reduce their employees’ salaries or wages by more than 25%.