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Hardware store financing.

Acquire or expand your hardware store business with the support of our experienced SBA lenders.

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adjustable wrenches on display at a local hardware store

SBA loans for independent hardware stores from a preferred lender.

Independent hardware stores are the backbone of many communities across the nation.

We take pride in providing well- structured financing tools to make you more successful in your business and in your community.

Like you, we’re here for the long run, in good times and bad. In fact, if you’re acquiring or expanding a hardware business, a U.S. Small Business Administration (SBA) loan can provide necessary working capital with more flexible requirements than a conventional loan.

And, as an SBA preferred lender, Byline Bank has the authority to make credit decisions in-house, with flexible qualifying requirements and expedited approvals.

Why Byline Bank?

As a top SBA lender in the U.S., our lending specialists understand the hardware business. We know how to structure a loan that meets your needs.

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Details

  • Amount: Up to $7 million
  • Financing percentages: Up to 90% financing for acquisitions and up to 100% financing for expansions
  • Term: Up to 10 years for most uses, and up to 25 years for real estate
  • Prepayment Penalty: None
  • Footprint: Nationwide
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Purposes

  • Business acquisition
  • Franchise acquisition
  • Business expansion
  • Real estate acquisition
  • Debt refinance
  • First-time Ownership

Benefits

  • Faster approvals thanks to Byline’s SBA Preferred Lender status
  • Longer amortization
  • Lower loan payments
  • No future balloon payment
  • Closing costs can be included

Recent deal announcements

Hardware Store

Arkansas

$4.37 million
SBA 7(a) Loan

Business Acquisition

Hardware Store

Kentucky

$870,000
SBA 7(a) Loan

Business Expansion

Hardware Store

Colorado

$1.58 million
SBA 7(a) Loan

Business Acquisition

Hardware Store

Kentucky

$1.34 million
SBA 7(a) Loan

Business Acquisition

Hardware Store

Illinois

$1.8 million
SBA 7(a) Loan

Refinance

Hardware Store

Illinois

$700,000
SBA 7(a) Loan

Real Estate Acquisition

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Grow your business with Byline independent hardware store financing.