Fifth Third Bank announced that it will offer four additional loan products from the United States Small Business Administration (SBA) program. Through these products, Fifth Third Bank, a SBA Preferred Lender, will be able to extend credit and financing options for small businesses to help them expand, improve working capital or enter into new markets.
“Through our involvement in offering these SBA loan products, Fifth Third is committed to helping small businesses manage their cash cycle and create jobs to help fuel our recovering economy,” said John Bultema, executive vice president and head of Business Banking for Fifth Third Bank.
The four loan products Fifth Third Bank will offer include:
“The needs of today’s small business owners and entrepreneurs have changed over the past few years,” said Dave Jackson, vice president and national SBA Director for Fifth Third Bank. “These loan products address those changing needs and help small businesses access working capital to navigate our global business landscape.”