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Construction Loans

Whether it’s a ground up new build or leasehold improvements on a leased space or anything in between, construction projects are complicated — and have a lot of moving parts. It is vital that the components of a construction project are taken care of properly to ensure a successful project. That’s why it is important to have an experienced project team that can include an architect, engineer, general contractor and lender.

Dedicated Experts

At First National Bank Small Business Finance, we have a dedicated Construction Management Team that will not only help educate and prepare you — we will be with you at every step through the completion of your project. Our entire team is available to help you from the very earliest point of planning for your project to advise you and to help ensure your project comes in on time and on budget. Our team has helped manage hundreds of projects worth many millions of dollars, and this experience and knowledge has been very valuable to our past and current clients.

A Success Story

“I had never done a construction loan before, but the team made me feel at ease by giving me updates on a regular basis. They were always there for me - I really can’t thank them enough for their help!” – Matt Pennisi, Durty Bull Brewing Co.

Engaged Partner

Unlike many other construction lending institutions, we maintain direct contact with you and the general contractor through the life of the construction funding.

Decades of Experience

With decades of experience in SBA lending, First National Bank Small Business Finance can help you with an SBA loan to finance new construction or expand/renovate an existing facility. If you’re looking for an SBA construction loan to start building your business, give us a call today to get started!

Key Features

  • Up to 90% financing available
  • Construction-to-permanent financing available
  • Contingency for cost overruns included
  • Interim interest reserve
  • Includes contractor qualification, cost analysis, disbursement controls, site inspections at each draw request and insurance requirements


  • No delays in rollover
  • One loan, one closing, one set of documents, one rate and fee
  • Measures put in place to prevent disruption of funds during construction

The Loan Process

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1. Set up time to talk with us

Schedule time online to meet with one of our Business Development Officers (BDO)

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2. Gather Information

During our discussion, we will request information about you, your business, and your project.

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3. Proposal Letter

Next, we'll provide a Proposal Letter explaining the proposed structure of your loan, the rate, terms, and number of years.

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4. Complete the application

Your BDO will help you complete the application for submission to credit underwriting.

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5. Underwriting & Approval

Once you've submitted your application we take it from there. Our goal is formal approval within 10 business days.

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6. Closing the Loan

A loan closer will be assigned to you to help coordinate your closing.

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7. Funding

Depending on how your loan has been structured, disbursement can be made one time or as multiple disbursements.

Get Started Today

Success Stories

First National Bank Small Business Finance has provided SBA Loan assistance for a host of business entities with a broad range of financial needs. Here are some examples of businesses we have recently assisted in realizing their goals.

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Notices & Disclosures
  • NMLS #766529
  • SBA Lender
  • Some applications may require further consideration and additional information may be requested. Credit terms are subject to approval.
  • Normal credit standards apply. Maximum amount of credit is subject to SBA Program limitations.

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