SBA Lending
Magna Bank has been a huge asset in getting my dream of owning my own business off the ground. From my first meeting with the commercial lending team, I knew I had chosen the right bank. — actual customer quote
What We Do
At Magna Bank, we excel at finding financial solutions for small businesses. We fully understand that small business is the heart and soul of our economy, both as a community and as a nation. Our Small Business Administration (SBA) lending professionals are dedicated to seeing that small business has a chance to succeed, even in a trying economy.
About SBA Loans
SBA loans are guaranteed by the US Small Business Administration and offer longer terms and lower out of pocket cash than conventional loans. Magna Bank is an experienced lender, offering service to the small business community, ensuring a fast turnaround time for you... the small business owner.
| What Is An SBA Loan Right For: |
Why SBA Over Conventional: |
| Capital equipment loan needs |
Potential for better rates |
| Real Estate / leasing tenants looking to purchase |
No net worth requirements |
| Professional practice / acquisitions |
Lower down payments |
| Restaurants / franchise purchases |
Flexible collateral requirements |
Contact Us
To inquire about SBA financing, please contact Marty Ferguson. Contact information listed below.
Marty Ferguson
Senior Vice President
Office: 901.259.5633
marty.ferguson@magnabank.com
NMLS # 771238
Over 12 years of banking experience
Marty Ferguson is Vice President of Small Business Lending. He has been with Magna since 2010 and previously with Geneva Capital and GE Commercial Finance.
Judy Carter
Small Business Lending Closing Coordinator
Office: 901.259.5606
judy.carter@magnabank.com
Over 34 years of Commercial and Real Estate Banking experience
Judy Carter is Small Business Lending Coordinator. She has been with Magna since 2001 and previously worked at Bank of America.