Small Business Loans WA

Small Business Loans WA

Flexible options to finance your business expenses.

Small Business Loans WA

Flexible options to finance your business expenses.

Find the loan that suits your business financing needs.

Update on PPP and Loan Forgiveness

February 23, 2021 – We’re now accepting PPP applications. See if you qualify today. Once we receive your prequal application, a Sound Business Loan Officer will contact you with next steps.

GET STARTED

January 13, 2021 – Small Business Administration (SBA) Reopening Paycheck Protection Program to all Lenders on Tuesday, January 19, 2021. We will email the application link to current Sound PPP borrowers on Friday, January 15, 2021.

December 30, 2020 – Last week, Congress passed new legislation to provide additional Paycheck Protection Program (PPP) loans to small businesses. This new legislation will also make it easier for current PPP borrowers, with loans of $150,000 or less, to request loan forgiveness. The Small Business Administration (SBA) is finalizing details on both.

  • If your current PPP loan is $150,000 or less, we suggest you wait until the SBA releases the new, simplified loan forgiveness application process. We will contact you with details about the new process as soon as we have more information.

After the SBA makes the new PPP loan program available, we’ll begin accepting new applications. Check back here for updates.

For information that could help you decide when to request forgiveness on an existing PPP loan, visit sba.gov and treasury.gov.

Business Lines of Credit

Give your business the flexibility of extra cash when you need it. Whether it’s inventory, operating expenses or future project costs, a business line of credit can give you the money to keep moving forward.

    • Flexible Funds
      You decide when you use funds and how much to borrow from your credit limit.
    • Quick Access
      Transfer your available funds from your Sound account when you need them.
    • Easy Repayment
      Make easy, interest only payments on what you borrow for a minimum of 12 months.

  • SBA Loan Funding Available
    Qualifying businesses could benefit from longer terms, lower down payments, and more through the Small Business Administration (SBA) loan program.

Get your flexible Business Line of Credit

Business Term Loans

Purchase new equipment, fund a business expansion or acquisition, or refinance debt. Business term loans offer you a lump sum you can use to fund major purchases, make improvements and renovations, or take advantage of new business opportunities.

  • Competitive Rates
    Get financing to fit your needs.
  • Purchase or Refinance
    Whether you’re making a new purchase or just looking for a new rate, we can help you get financing.
  • SBA Loan Funding Available
    Qualifying businesses could benefit from longer terms, lower down payments, and more through the Small Business Administration (SBA) loan program.

Sign up for a Business Term Loan

Vehicle Loans

Keep your business moving with a commercial vehicle loan. We offer financing on large specialty vehicles as well as business passenger vehicles, trucks and autos.

  • Purchase or Refinance
    Whether you’re shopping for a new vehicle or new rate, we can help you get financing on your car, truck, van or specialty vehicle.
  • Competitive Rates
    Get financing to fit your needs.
  • SBA Loan Funding Available
    Qualifying businesses could benefit from longer terms, lower down payments, and more through the Small Business Administration (SBA) loan program.

Sign up for a Business Vehicle Loan

Commercial Real Estate

Ready to buy your new business location? Our Business Loan Officers will work with you, one-on-one, to find the right financing for your property.

  • Flexible Financing
    We’ll help you find the financing option that works best for your property.
  • Multiple Property Options
    Purchase or refinance your office, retail building, warehouse/industrial facility, multi-family complex, or other property.
  • Competitive Rates and Terms
    We offer flexible terms and competitive rates on both owner and non-owner occupied properties.
  • SBA Loan Funding Available
    Qualifying businesses could benefit from longer terms, lower down payments, and more through the Small Business Administration (SBA) loan program.

SBA Lending

Small Business Administration (SBA) loans are designed to help small businesses get more access to the funds they need to grow. Backed in part by the U.S. government, SBA loans offer lower down payments and longer terms.

As a Preferred SBA lender, we underwrite and approve our own loans, meaning we can get you to “Yes” faster.

Learn more about SBA lending »

happy woman at counter SBA-Loans

Why choose Sound?

Personal Service

You’re building a successful business and we’re right there with you. From applying, to funding, and beyond, our Business Services team is here to help you grow.

Competitive Rates

As a credit union, our borrowers benefit from lower rates and fees. Plus, with access to programs like SBA loans, you can benefit from even lower rates and longer terms.

Anytime Access

With online and mobile banking, several dozen full-service branches across the Puget Sound, plus over 5,000 shared branching locations and 30,000 surcharge-free ATMs, you can manage your business from almost anywhere.

Talk with Our Business Lending Team

Whether you’re applying for a loan or have a quick question, our Business Loan Officers are here to help.

Request to be contacted by a Business Loan Officer

  • How would you prefer us to contact you?
  • Loan Amount
  • What is the best time to contact you?
  • I'd like to learn more about * Required
  • (please do not include any sensitive information including account numbers)
  • This field is for validation purposes and should be left unchanged.