As an SBA Preferred Lender, Dime moves you through the process faster.
The Preferred Lender Program (PLP) is the highest level of approval and status that a lender can hold in the SBA loan program. Preferred lenders are chosen from among the SBA's best lenders and enjoy full delegation of lending authority.
Dime's Preferred Lender status ensures that your loan will not have to be approved directly by the SBA, only the bank. As a result, Dime can streamline the loan application approval process and move you quicker to closing.
Dime Community Bank stands with New York Businesses during this difficult time.
If you're a small business that's just getting off the ground, looking to expand or better manage cash flow, an SBA loan can be a smart way to go.
And there's no better bank to go to than Dime. We've helped many small businesses fund growth and take their businesses to the next level.
If you think you may have a hard time qualifying for a business loan, think again. SBA loans are backed by the Small Business Administration. So it’s easier for us to lend and easier for you to borrow. SBA loans from Dime give you the benefit of lower rates, lower monthly payments and longer repayment terms. If you have a new business, limited liquidity or are light on collateral, don’t be discouraged. The SBA specialists at Dime can show you why an SBA loan can be a good option, then quickly and easily structure a loan that’s right for you and your business.1
Owner-operated real estate
Business start-ups or acquisitions
Inventory, machinery and equipment
Improvements and renovations
There are many SBA loans that Dime offers. Working with our dedicated SBA team will ensure that you get the best loan for your company.
Your first step is to have an idea of what you’ll use the funds for and how much you’ll need. Then it’s time to meet with a Dime SBA banker to help you start the application process. Dime offers SBA 7 (a) loans up from $100,000 to $5 million1 and SBA 504 loans from $500,000 to $20 million.1
At Dime, our team of SBA specialists makes borrowing easier and more convenient for you.
We are experienced SBA lenders. We know the rules and regulations and can walk you through each step of the way, from application to closing.
As a businessperson, you will like the fact that we're fast, flexible and easy to do business with.
Meet with a Dime SBA specialist today.
Our SBA specialists take the time to know your needs, strategy, customers, challenges and what makes your business unique. And because our SBA specialists are just around the corner, we’ve got a pulse on local market conditions. That means we can be fast, flexible and get you what you need, when you need it.
Meet with one of our SBA specialists today. You’ll be surprised just how fast, easy and smart an SBA loan can be.
1Subject to Dime approval.