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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*

Lifestore Bank

Alliance Bank & Trust

Live Oak Banking Co.* #

Aquesta Bank*

Lumbee Guaranty Bank

Atlantic Capital Bank

Macon Bank*

Atlantic Coast Bank

Mechanics & Farmers Bank

Asheville Savings Bank*

Mountain 1st Bank & Trust

Bank of Maumee

Mountain Community Bank


MountainBiz Capital

Bank of America* #

Nantahala Bank

Bank of North Carolina* #

Navy FCU (VA)

Bank of Oak Ridge*

NewBridge Bank*

Bank of the Carolinas*


Bank of the West

New Century Bank

BlueHarbor Bank

NewDominion Bank

Branch Banking & Trust* #

Newtek Small Business Finance (NY)

BCI Lending

NOA Bank* (MN)

Capital Bank*

North State Bank

Carolina Alliance Bank

Northwest FCU

Capital Source

Old Town Bank

Carolina Bank*

Pacific Premier Bank

Carolina Premier Bank*

Pacific Western Bank

CBC National Bank

Paragon Commercial Bank

Celtic Bank*

Peoples Bank


PNC Bank (PA)* #

City Bank

Premier Commercial Bank

CIT Small Business Lending (NJ) #

Premier FCU

Colorado National Bank

Providence Bank

Coastal Bank & Trust

Randolph Bank

Coastal FCU*

RBC Bank* #

Commonwealth Business Bank

Regions Bank (AL)*

Community South Bank (TN)* #

River Community Bank

Compass Bank (AL)

Select Bank & Trust*

Cornerstone Bank

Self-Help Credit Union*

Corning FCU

Sound Banking Company*

CommunityOne Bank

Southern Bank & Trust*

Crescent State Bank (Cary)*

Southern Community Bank & Trust*

Embassy National Bank

Spirit of Texas Bank

Farmers & Merchants Bank

Square 1 Bank*

Fidelity Bank (GA) #

Stearns Bank

Fifth Third Bank (OH)* #

SunTrust Bank (VA)*

First Bank* (Troy)

Superior Financial Group (CA)*

First Bank of the Lake

Surrey Bank & Trust* #

First Carolina State Bank

Synovus Bank

First Citizens Bank & Trust* #

TD Bank* #

First Chatham Bank

The Bancorp Bank #

First Community Bank (VA)

The Bank of Asheville

First Financial Bank (AR)

The Bank of Currituck*

First Merit Bank, N.A.

The East Carolina Bank

First National Bank of Shelby*

The Fidelity Bank*

First National Bank of the South (SC)

The Little Bank, Inc.

First Security Bank of Nevada

The Lorain Nationial Bank

First South Bank* #

The Support Center

First State Bank

Truliant FCU* #

First Tennessee Bank

Trust Atlantic Bank

First Trust Bank

United Community Bank

Forest Commercial Bank

United FCU

Four Oaks Bank & Trust

Uhwarrie Bank* #

Fulton Bank

U.S. Bank

Gateway Bank & Trust

Virginia National Bank

Georgia Banking Company

Waccamaw Bank

Golden Pacific National Bank

Wells Fargo Bank (CA)* #

Great State Bank*

West Town Bank & Trust

Harrington Bank, FSB

Wilshire Bank

Highlands Union Bank

Yadkin Bank* #

High Point Bank & Trust


Home Loan Invest. Bank (RI)*


HomeBanc, N.A.


HomeTrust 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 www.sba.gov/504


Example Loan Structure for $2 Million Project

Bank Loan (1st Lien)



SBA/CDC (2nd Lien)






Total Project




SBA Certified Development Companies in North Carolina

Avista Business Development Corp.
Statewide, Focus on: Buncombe County
CDC#: 04-247 - 07/12/82
Robert C. Kendrick

PO Box 7032
Asheville NC 28802

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) 442-8145
(877) 504-6045

BEFCOR Raleigh/Triangle Area:
414 W. Third Street
PO Box 1009
Wendell, NC 27591
(919) 366-6441

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

Neuse River Development Authority, Inc.
Statewide, Focus: East of I-95
CDC#: 04-242- 06/16/82
Guy P. Williams, President
gwilliams@nrda.org    233 Middle St., Suite 206
PO Box 1111
New Bern NC 28563

Piedmont Triad Regional Development Corp.
Statewide, Focus: Piedmont Triad Region - Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Montgomery, Randolph, Rockingham, Surry, Stokes, and Yadkin
CDC#: 04-538 - 08/01/84
Matthew Dolge
1398 Carrollton Crossing Drive
Kernersville, NC 27284

Western Piedmont Council of Governments
Region E Development Corp.
Statewide, Focus on: Alexander, Burke, Caldwell & Catawba
CDC#: 04-317 - 12/01/82
Lisa Helton, Community Development Adminstrator, WPCOG
736 Fourth St., SW
Hickory NC 28602

Self-Help Ventures Fund
Statewide (see regional offices below)
CDC#: 04-645 - 09/14/93
Charlie Cleary, Director of SBA 504 Lending
301 W Main St
PO Box 3619
Durham NC 27701

Self-Help Northeastern Region:
301 W. Evans St, Ste 306
Greenville NC 27858
252-752-8666 x2201

Self-Help Triad Region:
122 N. Elm St,  Suite 1015
Greensboro NC 27401

500 West Fourth St.
Suite 200-B
Winston-Salem, NC 27101

Self-Help Charlotte Region:
926 Elizabeth Ave., Ste 302
Charlotte NC 28204

Self-Help Western Region:
34 Wall St., Suite 704
Asheville NC 28801

Self-Help Southeastern Region:
1109 New Pointe Blvd.
Suite 4
Leland NC 28451
910-371-2034 x3122

Smoky Mountain Development Corp. 
Statewide, Focus on: Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon, Madison, Swain and Transylvania
CDC#: 04-602 - 05/27/87
Allen Steinberg, Executive Director
44 Industrial Park Dr.
Waynesville, NC 28786

SBA Microlender in North Carolina

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 www.sba.gov/microloans


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
Zurilma McKeown (828) 253-2834 ext. 20


SBA Intermediary Lending Pilot in North Carolina - The Support Center 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, The Support 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:

The Support Center
3120 Highwoods Blvd.
Suite 350
Raleigh, NC 27604
Vicki Lee Parker


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

Patrick Doran (828) 253-2834 ext. 25
Zurilma McKeown (828) 253-2834 ext. 20


The Support Center
3120 Highwoods Blvd.
Suite 350
Raleigh, NC 27604

Vicki Lee Parker