Business Banking

Pennsylvania Small Business Loans

At First Commonwealth Bank, our team is an experienced group of lenders that can deliver a customized solution for your small business loan needs. We offer a consultative approach, taking the time to fully understand your business and its financial needs.

First Commonwealth and the SBA

As a small business, challenges and opportunities are a part of your company’s everyday life. It's how you face those challenges and opportunities that makes all the difference. The Small Business Administration (SBA) can help by providing both financial support and valuable managerial assistance. For qualifying small businesses, the SBA offers a multitude of financing options to provide working capital or cash to purchase needed equipment and property.

At First Commonwealth, our commercial lending officers can help you choose the SBA loan that is right for you. And as a Preferred Lender, a designation awarded to the most active and expert lenders in a given market area, we can do it in the most efficient manner possible.

Our Preferred Lender Status

What does First Commonwealth's status as a Preferred Lender mean to your business? It means faster turnaround time on approvals than what is available through the typical Small Business Administration (SBA) process. On average, it takes approximately two weeks for SBA approval on a typical loan request. As a Preferred Lender, First Commonwealth could complete the process in as little as one day.

At First Commonwealth, we are proud to offer you the benefits associated with our Preferred Lender designation.

  • Faster approval process
  • Longer-term financing
  • Financing for start-up businesses
  • Financing for under-collateralized businesses

Full Range of Lending Services for Small Businesses

Our commitment to small businesses in the communities we serve is not limited to SBA programs. First Commonwealth also offers a full range of lending services for small businesses, including:

  • Asset-Based Loans
  • Commercial Loans
    • Letters of Credit
    • Lines of Credit
    • Equipment & Working Capital Loans
    • Time Loans
  • Commercial Real Estate Loans

Our small business loan services are offered in most of our Western Pennsylvania locations including branches in Indiana, Greensburg, Pittsburgh, Altoona and Butler.