SBA Lenders Serving North Carolina Small Businesses

This page contains lists of SBA 7(a) Lenders, 504 Certified Development Companies and SBA Microlenders.  For more information about  programs or to start the application process, please contact the lenders directly.

SBA's 7(a) Loan Guaranty Program serves as SBA’s primary business loan program to help qualified small businesses obtain financing when it is not available elsewhere. Loan proceeds can be used for most business purposes including working capital, equipment, furniture, land and building. Loan maturities are up to 10 years for working capital and up to 25 years for real estate. SBA’s 7(a) Loan Guaranty Program has a maximum loan amount of $5 million, with a maximum exposure of $3.75 million. Thus, if a business receives an SBA guaranteed loan for $2 million, the maximum SBA guaranty to the lender will be $1.5 million or 75%.


7(a) Lenders                         *SBAExpress               # Preferred Lender

Allegacy Federal Credit Union*

High Point Bank & Trust

Alliance Bank & Trust

Home Loan Invest. Bank (RI)*

Aquesta Bank*

HomeBanc, N.A.

Atlantic Capital Bank

HomeTrust Bank

Atlantic Coast Bank

Lifestore Bank

Asheville Savings Bank*

Live Oak Banking Co.* #

Bank of Maumee   

Lumbee Guaranty Bank


Mechanics & Farmers Bank

Bank of America* #

Mountain 1st Bank & Trust

Bank of North Carolina* #

Mountain Community Bank

Bank of Oak Ridge*

MountainBiz Capital

Bank of the Carolinas*

Nantahala Bank

Bank of the West

Navy FCU (VA)

BlueHarbor Bank

NewBridge Bank*

Branch Banking & Trust* #

New Century Bank

BCI Lending

NewDominion Bank

Capital Bank*

Newtek Small Business Finance (NY)

CEI 7(a) Lending

NOA Bank* (MN)

Carolina Alliance Bank

North State Bank

Capital Source

Northwest FCU

Carolina Bank*

Old Town Bank

Carolina Premier Bank*

Pacific Premier Bank

Carolina Small Business Development Fund  

CBC National Bank

Pacific Western Bank

Celtic Bank*

Paragon Commercial Bank

City Bank

Peoples Bank

CIT Small Business Lending (NJ) #

PNC Bank (PA)* #

Colorado National Bank

Premier Commercial Bank

Coastal Bank & Trust

Premier FCU

Coastal FCU*

Providence Bank

Commonwealth Business Bank

Randolph Bank

Community South Bank (TN)* #

RBC Bank* #

Compass Bank (AL)

Regions Bank (AL)*

Cornerstone Bank

River Community Bank

Corning FCU

Select Bank & Trust*

Crescent State Bank (Cary)*

Self-Help Credit Union*

Embassy National Bank

Sound Banking Company*

Entegra Bank * #

Southern Bank & Trust*

Farmers & Merchants Bank

Southern Community Bank & Trust*

Fidelity Bank (GA) #

South State Bank

Fifth Third Bank (OH)* #

Spirit of Texas Bank

First Bank* (Troy)

Square 1 Bank*

First Bank of the Lake

Stearns Bank

First Carolina State Bank

SunTrust Bank (VA)*

First Citizens Bank & Trust* #

Surrey Bank & Trust* #

First Chatham Bank

Synovus Bank

First Community Bank (VA)

TD Bank* #

First Financial Bank (AR)

The Bancorp Bank #

First Landmark Bank #

The Bank of Asheville

First Merit Bank, N.A.

The Bank of Currituck*

First National Bank of Shelby*

The Fidelity Bank*

First National Bank (PA) # *

The Little Bank, Inc.

First South Bank* #

The Lorain National Bank

First Tennessee Bank

Truliant FCU* #

First Trust Bank

Trust Atlantic Bank

Forest Commercial Bank

United Community Bank

Four Oaks Bank & Trust

United FCU

Fulton Bank

Uhwarrie Bank* #

Gateway Bank & Trust

U.S. Bank

Georgia Banking Company

Virginia National Bank

Golden Pacific National Bank

Wells Fargo Bank (CA)* #

Great State Bank*

West Town Bank & Trust

Highlands Union Bank

Wilshire Bank

*SBAExpress          # Preferred Lender



SBA 504 Certified Development Company Program

The 504 Program provides small businesses long-term, fixed-rate financing for fixed assets: land, building, and equipment.  The 504 finance package consists of two loans: one from a bank and the other from an SBA licensed Certified Development Company.   A CDC is a nonprofit corporation set up to contribute to the economic development of its community or region. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. Each CDC is certified statewide, but it may cover a specific area.

Maximum loan size is $5 million ($5.5 million for manufacturing).

For more information visit


Example Loan Structure for $2 Million Project

Bank Loan (1st Lien)



SBA/CDC (2nd Lien)






Total Project




SBA Certified Development Companies in North Carolina

Business Expansion Funding Corp. (BEFCOR)
NC Statewide and SC counties Lancaster, York, Chester and Chesterfield
CDC#: 04-302 - 10/08/82
Elaine Fairman, Executive Director

BEFCOR Charlotte/Upstate SC Area:
5970 Fairview Rd.
Suite 218
Charlotte NC 28210
(704) 414-3001

BEFCOR Raleigh/Triangle Area:
Louis Rogers
5 West Hargett St., Suite 310
Raleigh, NC 27601
(919) 295-5122

BEFCOR New Bern Area:
Guy P. Williams
233 Middle St., Suite 206
PO Box 1111
New Bern NC 28563

Carolina Business Capital
CDC-#: 04-243 - 06/16/82
Scott Anderson, President/CEO
1307 W. Morehead St. Ste 201
Charlotte, NC 28208

Self-Help Ventures Fund

Statewide (see regional offices below)
CDC#: 04-645 - 09/14/93

Tracy Ward, Director of SBA 504 Lending
301 W. Main Street
PO Box 3620
Durham NC 27701

Other Locations:

Self-Help Triad & Western Regions:

Dale Harrold
3400 Battleground Avenue
Greensboro, NC  27410

Eastern Region:

Justin Tart
301 South Evans St.
Greenville, NC 27858

Charlotte Region:

Jim Bullock
926 Elizabeth Avenue, Suite 302
Charlotte, NC 28204


SBA Microlenders Serving North Carolina Small Businesses

The Microloan program provides small loans ranging from under $500 to $50,000. Under this program, the SBA makes funds available to nonprofit intermediaries that, in turn, make the small loans directly to entrepreneurs, including veterans. Proceeds can be used for typical business purposes such as working capital, or the purchase of furniture, fixtures, machinery, supplies, equipment, and inventory. Microloans may not be used for the purchase of real estate. Interest rates are negotiated between the borrower and the intermediary. The maximum term for a microloan is 7 years. For more information, go to


Mountain BizCapital
153 South Lexington Ave.
Asheville, NC 28801
P: 828-253-2834
F: 828-255-7953
Area: The 13 Westernmost Counties in North Carolina

Patrick Doran  (828) 253-2834 ext. 25


Accion East
80 Maiden Ln., Ste. 903
New York, NY 10038
Fatiha Ainane, Loan Consultant


SBA Intermediary Lending Pilot in North Carolina - Carolina Small Business Development Fund and NCEED

The Small Business Jobs Act of 2010 established a three year pilot program to provide direct loans to eligible non-profit intermediaries for the purpose of making small business loans of up to $200,000. These experienced intermediaries assist small business concerns in areas suffering from a lack of credit due to poor economic conditions or changes in the financial market. SBA’s Intermediary Lending Pilot (ILP) Program aims to help business owners start and grow successful enterprises.

The North Carolina Intermediary, Carolina Small Business Development Center, partners with Community Development Credit Unions (CDCUs) and community-based organizations to provide small business loans through the ILP program. For more information contact:

Carolina Small Business Development Fund (formerly The Support Center)
3120 Highwoods Blvd.
Suite 350
Raleigh, NC 27604

Center for Economic Empowerment and Development (NCCEED)
230 Hay Street
Fayetteville, NC 27604
Scott Keen

SBA Community Advantage in North Carolina

Community Advantage is a pilot initiative aimed at increasing the number of SBA 7(a) lenders who reach underserved communities, targeting community-based, mission-focused financial institutions which were previously not able to offer SBA loans.

Maximum Loan Size: $250,000
Guarantee: 85 percent for loans up to $150,000 and 75 percent for those greater than $150,000.
Approval Times: Most Community Advantage loans will be approved within 5 to 10 days.Paperwork: Community Advantage features streamlined paperwork, with a two-page application for borrowers.

Mountain BizCapital
153 South Lexington Ave.
Asheville, NC 28801

Area: The 13 Westernmost Counties in North Carolina

Kelly Foster
Small Business Lender
828-253-2834. ext. 21

Rosanna Fox Mulcahy
Small Business Lender, Latino Program Coordinator
828-253-2834. ext. 20

Carolina Small Business Development Fund (formerly The Support Center)
3120 Highwoods Blvd.
Suite 350
Raleigh, NC 27604

Carolina Business Capital
Scott Anderson, President/CEO
1307 W. Morehead St. Ste 201
Charlotte, NC 28208

Natural Capital Investment Fund
The Enterprise Center
1922 S. Martin Luther King Jr. Drive
Office # 223
Winston-Salem, NC 27107
(336)  734-6900