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Small business lending

Whether you’re looking to manage your working capital, improve cash flow to make a major purchase, or refinance debt, Santander’s dedicated team of small business banking experts can help maximize the momentum of your business. No matter the need, we have a flexible financing solution1.

A few of the many ways flexible lending options can help your business

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Manage cash flow
From covering payroll to paying
suppliers, our lending solutions help
you manage changes in cash flow.
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Support sales growth
Keep up with higher demand and
fulfill orders with financing that
meets your needs.
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Purchase equipment
Find financing options custom built for major equipment and vehicle purchases to fuel expansion.
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Finance real estate
When your business is in need of a new or upgraded space, our team of small business experts can help.

Explore your financing options1

Lending products customized to meet the demands of a growing business.
Small Business Line of Credit
A readily-available line of credit is essential for filling gaps in cash flow.
Small Business Term Loan
Our fixed-rate loans can help put your business plans in action or consolidate debt to reduce interest payments.
Equipment and Vehicle Financing
Our flexible terms make equipment or vehicle purchases easy, so you can stay focused on the big picture.
Commercial Real Estate Loans
When your growing business needs more room to operate, we have solutions to accomodate your growing footprint.

lending options

Our flexible lending options include Small Business Administration (SBA) loans that may have smaller down payments and longer repayment terms than conventional bank loans, meaning lower monthly payments that help small to mid-sized businesses with cash flow. As a Preferred Lender under the SBA, Santander is approved to offer SBA loans and can help expedite the approval process for business owners.

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Compare Santander lending options

Filter Products
Business Line of Credit
Term Loan
Commercial Real
Estate Loans
Equipment and Vehicle
This loan is great for
Short-term working capital
financing needs
Financing needs requiring
longer term to pay
Purchase, renovate, or
refinance owner occupied
commercial real estate
Financing new equipment or
new and used vehicles
Length of loan
One year revolving term with annual renewals
Up to 5 years
Up to 25 years
Equipment: up to 7 years
Vehicle: up to 10 years
Size of loan
Minimum: $10,000
Maximum: $500,000
Minimum: $10,000
Maximum: $1,000,000
Minimum: $25,000
Maximum: $1,000,000
Minimum: $25,000
Maximum: $1,000,000
One-time Fees
Fee discounts available for
eligible customers2
$250 origination fee
0.50% origination fee,
minimum $250
1% origination fee; appraisal,
potential environmental, and
other customary real estate
transaction charges
$395 one-time documentation
Annual Fee
$250 annual fee, charged on
the anniversary of opening the
Line of Credit
No Annual Fee
No Annual Fee
No Annual Fee
$10,000 to $100,000
$100,000 to $500,000
$10,000 to $100,000
$100,000 to $1,000,000
Up to 80% LTV
1st PMSI/Title on asset being
Rate based on Santander
Rate discounts available for
eligible customers2
Fixed rates. For 20- and 25-
year terms, rates can reset
every 5 or ten years
Monthly Payment
Interest-only payments
Fixed monthly payments of
principal and interest, fully
amortizing (no balloons to
Fixed monthly payments of
principal and interest, fully
amortizing (no balloons to
Fixed monthly payments of
principal and interest, fully
amortizing (no balloons to
Time in Business
At least two years in business
under current ownership
At least two years in business
under current ownership
At least two years in business
under current ownership
At least two years in business
under current ownership
Open account comparison
Please note the products listed above are Santander’s conventional lending products. For more information on our SBA lending options visit our SBA page.
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Book an appointment at a branch near you
Talk to one of our experienced Bankers about opening a new account, or get help with your existing accounts.
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About Santander Loans

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Increase your chances of being approved

Understand the requirements to apply
Before you apply for a small business loan, take some time to review your personal credit history to ensure that you are in good standing.
Make a plan for your business loan
You need to be able to explain why your business needs a loan, how you will use the money, and when you plan to pay it back.
Gather your financial and legal documents
Lenders will require you to provide financial statements and legal documents to assess if your business is healthy and credible.
Make payments on time
Paying down all your business debts on time is the single most important thing you can do to maintain a good credit score.
Show positive cash flow
Lenders will want to know that your daily operations are generating enough cash flow to repay your loan over time.
Use collateral
You can increase your chances for credit approval and extension by putting up collateral to secure your loan.
Completing your application
A loan officer will work with you directly to help gather all information you ll need to prepare your loan request.
The underwriting process
Next, a team verifies and analyzes the documents submitted to determine accuracy and creditworthiness.
Loan closing
A meeting will be scheduled to review a closing checklist of all the provided documents to finalize the loan.
Find Us
Branches across the Northeast and in Miami, Florida, plus 2,000+ ATMs.
1 All small business accounts, loans, and services are subject to individual approval and to the acceptance rules, credit limits, policies, and guidelines of Santander Bank, N.A. Small Business Administration (SBA) collateral and documentation requirements are also subject to SBA guidelines. Other terms and conditions apply.

2 One-time fee discounts and rate discounts available for Santander Private Client and Santander Select customers. For more information, visit a Santander branch to speak with one of our bankers.

3 Santander Bank secured business lines of credit are generally secured by all business assets.