SBA PLP Lenders
U.S. Small Business Administration Preferred Lender Program Lenders
The U.S. Small Business Administration (SBA) has granted the following
Capitol Bancorp
affiliate banks Preferred Lender Program (PLP) status. The PLP status allows banks
to review and process SBA 7(a) loans quickly and without prior SBA consideration.
SBA financing can help growing businesses:
- Purchase or renovate real estate.
- Purchase or upgrade real estate to operate your business, construct a business facility
or make improvements to an owner-occupied property.
- Purchase fixed assets such as machinery and equipment.
- Purchase an existing business.
- Borrow working capital to manage day-to-day cash flow.
The following
Capitol Bancorp
affiliate banks have been granted PLP Status:
Arizona
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Georgia
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Michigan
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Missouri
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Nevada
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New Mexico
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North Carolina
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- Rocky Mount
- Reidsville
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- Asheville
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Ohio
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Oregon
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