Wondering Which Loan Type is Right for You?
Our lending experts can help you analyze the benefits and requirements of each loan type. Here’s a quick comparison to get started.
SBA 504
Maximum Loan Amount:
$5 million - $15 million
Quick Decision: ✓
Longest Term: ✓
Requires Collateral: ✓
SBA 7(a)
Maximum Loan Amount: $5 million
Quick Decision: ✓
Longest Term: ✓
Requires Collateral: ✓
SBA Express
Maximum Loan Amount: $500,000
Simplified Application: ✓
Quick Decision: ✓
Requires Collateral: ✓
Conventional Loan
Maximum Loan Amount: $1,000,000
Quick Decision: ✓
Streamline Term Loan
Maximum Loan Amount: $100,000
Simplified Application: ✓
Quick Decision: ✓
Requires Collateral: ✓
Line of Credit
Maximum Loan Amount: Variable
Simplified Application: ✓
Quick Decision: ✓
SBA Loans
As a small business owner, you need a reliable funding stream to meet expenses, make capital investments and more. We are here to help with innovative, flexible financing solutions from the U.S. Small Business Administration (SBA).
We’re a preferred lender for the SBA, which means you may get approved faster than with other lenders. And our dedicated experts have decades of experience in government-backed lending.
SBA 504 Loans1
If you’re looking for long-term financing for major fixed asset purchases, an SBA 504 loan may be a good option. Take advantage of low down payments, fixed rates and longer terms for commercial real estate and equipment purchases.
Benefits and Features
- Down payments as low as 10%
- Enjoy favorable, fixed interest rates
- Take advantage of longer repayment periods: up to 10 years for equipment purchases and 20 years for commercial real estate
- Multiple loans may be refinanced
Other key facts
- Projected income of a business is considered, in addition to historical cash flows
- Guarantor support may be less critical in qualifying for a loan
- Funds cannot be used for working capital or inventory
- Only for-profit companies are eligible
SBA 7(a) Guaranteed Loans1
The 7(a) program is the most common SBA loan, delivering financial help for a diversity of businesses and needs. Funds can be used for real estate and equipment purchases, working capital, debt refinancing, business acquisitions, partner buyouts and more. One of our dedicated SBA lending experts can help you decide if this option is right for you.
Benefits and Features
- Loan amounts up to $5 million, with a maximum guaranty at $3.75 million
- Down payments as low as 10% (varies depending on use of loan proceeds)
- Longer repayment terms may result in lower monthly payments
Other key facts
- Repayment terms up to 10 years for inventory, working capital and machinery & equipment and 25 years for commercial real estate
- Fully amortized loan
- No balloon payments
- No prepayment penalty on loans with maturity less than 15 years
- Real estate loans must be owner-occupied and meet certain occupancy percentage requirements
- Only for-profit companies are eligible
SBA Express Loans1
When you need quick capital for a wide variety of business purposes, SBA Express loans offer flexible, quick-turn financing up to $500,000.
Benefits and Features
- Get a prompt response to your loan application
- Funds can be used for lines of credit or any legitimate business purpose
- No balloon payments required
Other key facts
- Lower down payments than traditional financing
- Repayment terms up to 5 years for inventory, working capital and machinery & equipment and 25 years for commercial real estate
- Real estate loans must be owner-occupied and meet certain occupancy percentage requirements
- Only for-profit companies are eligible
Conventional Loans & Lines of Credit1
In addition to SBA loan options, you may wish to consider a conventional small business loan of up to $1,000,000 for a range of operating and capital needs. We also offer a streamlined application process for funding solutions under $100,000 — including revolving lines of credit, loans, overdraft protection and more.
Conventional Loans
For small businesses requiring financing up to $1,000,000, we offer conventional (term) loans that can provide a flexible and attractive option to SBA funding — backed by the strength of Western Alliance Bank. And because we fund and service conventional loans in-house, you can have the confidence of knowing that you’ll work with one relationship banking team throughout the life of your loan.
Benefits and key facts
- For-profit businesses established for 2+ years are eligible
- Not available for some business types, including real estate investors, contractors and used vehicle dealerships, or nonprofit organizations
Streamline Application Program2
If you’ve been in business at least two years, our Streamline Application program may help you get needed financing in a snap. This simple, credit score-driven application unlocks access to business lines of credit, term loans, business credit cards and overdraft protection — all with quick credit decisions and no collateral requirement.
Benefits and Features
- Improve cash flow with a business line of credit with an exclusive Annual Percentage Rate3
- No annual fees and no prepayment penalties
- Up to $100,000 credit limit
- Easily apply for and receive a quick decision on a term loan4
- Easily manage your expenses and take advantage of short-term flexible funding with Western Alliance Bank’s Business Plus credit card
- Overdraft protection line of credit up to $25,000
- Businesses established for 2+ years are eligible
Other key facts
- Businesses may conduct business in multiple states but must be registered to do business in Arizona, California or Nevada
- Not available for some business types, including contractors and used vehicle dealerships, or nonprofit organizations
- Credit officers may request additional documentation to finalize your loan decision
At Western Alliance Bank, we’re known for our responsiveness and superior client service. Our bankers have the authority to make prudent lending decisions quickly, with the power to cut through red tape that just doesn’t happen at large money center banks. We look forward to getting to know you and your business.
Small Business Banking
Experienced Small Business Bankers Ready to Serve You
Access a team led by small business industry experts with extensive experience across business checking and savings, business credit cards, lending, fraud protection, merchant services, payroll cards, succession planning, and more. We understand the rapidly changing opportunities and challenges facing small businesses, and we are committed to getting to know you and the particular needs of your business.
About Us
Contact Us
We’re ready to help you get more from your business banking relationship. Find out how we can add value with responsiveness, innovative solutions and bankers who enjoy helping you meet your goals.
2700 West Sahara Avenue
Las Vegas, NV 89102
United States
1. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow, documentation fees and may be responsible for any bank fees including bridge loan, construction loan, and packaging fees.
2. All offers of credit under this program are subject to credit approval. Personal guarantees are required. Financials and additional supporting documentation may be required upon review of submitted application.
3. Floor of 4.75%. Line of credit has 5-year maturity and annual percentage rate of WSJ prime + 0.95%. Requires automatic debit from a Western Alliance Bank operating account, otherwise rate is WSJ prime +2.25% and floor rate will increase to WSJ prime rate +1.50%. $250 documentation fee applies.
4. Additional fees may apply.