SBA Preferred Lender
Arvest is a Preferred SBA Lender
As a preferred SBA lender, Arvest has the highest level of autonomy the U.S. Small Business Administration affords to lenders because we meet its strict criteria. This better affords us the ability to streamline procedures necessary to provide financial assistance to the small business community and businesses like yours.
We were selected for the Preferred Lender Program based on our record with the SBA and our demonstrated proficiency in processing and servicing SBA-guaranteed loans. As a part of the Preferred Lender Program, the SBA can provide our customers several solutions, including:
7(a) Loan Program â€“ Gives 7(a) loans to eligible borrowers for most business purposes, including starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBAâ€™s business loan programs. Borrowers must apply through a participating lender institution.
504 Loan Program â€“ Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.
SBA Express â€“ Provides funding for most all business purposes, including working capital lines of credit. Business borrower follows a simplified process with minimal paperwork.