Small Business Lending
Support your success with a quick online business loan or flexible SBA loan.
Small Business Lending
Support your success with a quick online business loan or flexible SBA loan.
Express Business Loan Options.
Sierra Business Reserve Line of Credit
Amounts from $1,000 – $25,000
Sierra Business Line of Credit
Amounts from $25,000 – $250,000
Sierra Small Business Term Loan
Amounts from $10,000 – $250,000
Apply for an Express Small Business Loan.
You’ll need a printer and scanner or scanning app to complete our secure online application. See the FAQs below for eligibility criteria and required documents.
Express Small Business Loan FAQs
- Application Completion (including uploading required documentation): Approximately 10 – 15 minutes
- Review & Decisioning: Within 1 business day of receipt of complete application
- Documentation: Within 1 business day of receipt of items required to document loan (i.e., entity documents)
- Boarding: Within 1 business day of receipt of items required to board loan (i.e., signed loan documents & fees)
Borrowers will be required to go into a Bank of the Sierra location to sign loan documents with a Commercial Loan Officer.
Business Information:
- Business name, address, phone number, and taxpayer identification number
- Business type
- Business industry
- Loan amount
- Loan purpose
- Number of years in business
- Gross revenue of business; net profit/loss
- Business assets; liabilities; net worth
- Monthly payments on existing business loans
- Required financial information (see below)
- Name(s), address(es), phone number(s), email address(es), and Social Security number(s) of all business owners regardless of ownership percentage
- Required financial information (see below)
Loan requests of up to and including $25,000 will be decisioned based on the information stated on the loan application and will not require submission of financial information. For loan requests higher than $25,000, the financial information specified below will be required by the Bank to verify stated information on the application to calculate debt service coverage ratios.
- Most recent 2 years complete tax returns for business entity
- Most recent 2 years complete tax returns for all business owners, including all statements, schedules, and K-1s, as applicable
- Current business debt schedule
- Current personal financial statement for all business owners
- Business principals will be required to personally guaranty (for corporations, LLPs, LLCs) regardless of ownership percentage.
- Opening a Bank of the Sierra Business Checking Account will be required for Sierra Reserve Lines and Sierra Business Lines to credit loan funds. Vesting of the account must match the borrower’s legal name. Applicants will be required to open the business checking account in person at a Bank of the Sierra branch location.
- Applicants will be required to present appropriate entity documentation.
- Sole proprietors
- Corporations
- General partnerships
- Limited partnerships
- Limited liability companies
- Limited liability partnerships
- Loans for speculative purposes
- Loans to foreign countries, businesses, or governments
- Loans to businesses or individuals who have a history of delinquent payments or bankruptcies
- Fictitious name statement
- Filed articles of organization (LLC-1)
- Operating agreement
- LLC-12
- Any amendments
- If General Partnership (GP): filed statement of partnership authority (GP-1)
- If Limited Partnership (LP): filed certificate of limited partnership (LP-1)
- If Limited Liability Partnership (LLP): filed application to register an LLP (LLP-1)
- Partnership agreement
- Any amendments
- Filed articles of incorporation
- Any amendments
Let’s Keep Your Business Growing.
For current rates and terms, please contact your local branch or our Customer Service Center at 1-888-454-BANK.
SBA Loans.
If you have a new or growing business, a government-guaranteed Small Business Administration (SBA) loan can be a great way to secure the capital you need along with more favorable loan terms. Our SBA lenders can guide you through the process.
- SBA loans from $100,000 – $5 million
- Can be used for working capital, inventory, equipment purchases, debt refinancing, real estate, and other purposes
