Small Business Assistance Corporation

This is a small business-focused financial institution offering SBA-backed loans, including 7(a) financing options, to help entrepreneurs grow and succeed in their ventures.

It is recommended to schedule an appointment to ensure personalized service, but walk-in consultations may be available during business hours.

Small Business Assistance Corporation is open Monday through Thursday 8:00 AM to 5:00 PM and Friday 8:00 AM to 4:00 PM. Please confirm these hours directly with the lender.

There are no fees for initial consultations; however, loan processing and closing costs apply depending on the financing arrangement.

This lender primarily serves small business owners in Savannah and the surrounding region, with a focus on local entrepreneurs.

A minimum personal credit score of 640 is generally preferred, but credit assessments are made based on overall financial health.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the loan and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and Small Business Assistance Corporation typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Small Business Assistance Corporation to confirm current weekend availability before you go.

Small Business Assistance Corporation is located in Georgia — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Small Business Assistance Corporation, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Small Business Assistance Corporation itself, which runs its own lending under its own ownership. If you work at Small Business Assistance Corporation, you can claim this listing from this page to manage it.

The core details for Small Business Assistance Corporation — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Small Business Assistance Corporation before applying. If you represent Small Business Assistance Corporation, claim this listing to keep its information up to date.

You can reach Small Business Assistance Corporation by phone at (912) 232-4700 or online at sbacsav.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Small Business Assistance Corporation before relying on them.

Based on its approved SBA loans, Small Business Assistance Corporation most often finances businesses in restaurants & food service and cleaning, landscaping & janitorial. This reflects Small Business Assistance Corporation's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Small Business Assistance Corporation which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Small Business Assistance Corporation participates in SBA Express depends on its specific SBA lending authority. Contact Small Business Assistance Corporation and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Small Business Assistance Corporation can confirm its current PLP standing — ask before you apply if speed matters to you.

Small Business Assistance Corporation indicates that startups and existing businesses are both eligible for their small business loan programs. Contact them directly to discuss specific startup requirements and financing options.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Small Business Assistance Corporation what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Small Business Assistance Corporation to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Small Business Assistance Corporation to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Small Business Assistance Corporation weighs this case by case under its own policy, so be upfront about your history and ask Small Business Assistance Corporation how it evaluates prior bankruptcies.