Small Business

Starting your own business? Needing to grow or sell your business? Labette Bank can help you grow your dreams with our SBA program. Small Business Administration (SBA) and other government guaranteed loans offer financing you need with the fast turnaround only an SBA Preferred Lender provides.
  • Loans approved quickly
  • Small Business knowledge & experience
  • Terms up to 25 years
  • Reasonable down payment, as low as 10-25%
  • Competitive fixed and variable rates
  •  Loans for real estate, equipment, inventory, working capital and debt refinance.
  • Revolving Lines of Credit
  • Full line of personal and business banking products.

 

SBA 7(A) Guarantee Program - Available for all eligible purposes with eligible SBA Lenders.

 

SBAExpress Labette Bank is a certified SBAExpress lender. SBAExpress provides 36 hour approval from SBA using on line approval process. Uses similar to SBA 7(a), but provide for revolving lines of credit as well.

 

SBA LowDoc II Similar to 7(a) for loans up to $350,000 with expedited SBA processing within 3-5 days.
SBA 504 Program - Available for real estate and long life machinery and equipment. Provides long term, fixed-rate financing with low down payment.

 

More Information
Contact our Labette Bank SBA Lender: 
Bruce Fairbank 
bfairbank@labettebank.com

 

Labette Bank partners with other funding sources to fill financing gaps and provide attractive interest rates. Other sources include Southeast Kansas Prosperity Foundation revolving loan fund, State of Kansas and local/regional micro and revolving loan programs.

 

Other useful links:
Southeast Kansas, Inc.
Kansas Small Business Development Center-Pittsburg State University
Kansas Department of Commerce
United States Department of Agriculture