FUQUAY-VARINA, North Carolina (November 22, 2022) – Fidelity Bank is pleased to announce Jessica Poteat has joined its team in Belmont as Vice President and Branch Manager. In her new position, Mrs. Poteat is responsible for business development and for providing outstanding service to customers at Fidelity Bank. Prior to joining Fidelity Bank, Jessica gained […]
FUQUAY-VARINA, North Carolina (November 22, 2022) – Fidelity Bank is pleased to announce Eric Lysak has joined its team in Greenville as Vice President and Business Development Officer. In his new position, Mr. Lysak is responsible for developing and managing business banking relationships within the community as well as contributing to the sales efforts of […]
FUQUAY-VARINA, North Carolina (November 7, 2022) – Fidelity Bank is pleased to announce Lucia Guerra has joined its team as Director of Government Guaranteed Lending Administration. In her new position, Mrs. Guerra is responsible for providing leadership and implementation of small business banking operations, construction risk management, and process improvement to increase bank profitability. Her […]
FUQUAY-VARINA, North Carolina (November 4, 2022) – Fidelity Bank is pleased to announce Joe Zinger has joined its executive team as Chief Information Technology Officer. In his new position, Mr. Zinger is responsible for establishing and managing the strategic goals and policies for the Information Technology department and managing a team focused on infrastructure, banking […]
Yes. The Bank is an active lender for all SBA products in the franchise sector and is a preferred lender with several national franchises.
Yes. Fidelity Bank has provided SBA loans to several start up entities where the owner has relevant industry experience, strong personal liquidity, and a solid business plan.
We offer SBA 7(a) loans, Express Lines of Credit, SBA 504 loans, and USDA Business and Industry loans.
We typically process and close SBA loans within 30 to 60 days.
To start the loan process, you will need to gather personal and business tax returns for the past three years, year-to-date financials for the business, a purchase contract for an acquisition or copies of notes to refinance, and a business plan or projections for an expansion. Other documents may be required depending on the loan.
Every member of the Fidelity Bank SBA Lending team has extensive experience in SBA and USDA lending. Also, we are an SBA Preferred Lender which streamlines the entire lending process and saves you time.
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