First United Bank
At a Glance
A Preferred Lender that names a partner buyout in its list and says it pays the guaranty fee on Oklahoma loans, then hedges in its own article; the desk is unnamed and the page is the way in.
- Pricing
- Custom Pricing, Loan products. Its SBA page restates the program's 7(a) ceiling and gives terms up to twenty-five years for real estate and ten for other purposes, with blended terms that may be available for mixed loans. It says the guaranty fee is paid by the bank for loans originated in Oklahoma to businesses operating there. Its June 2026 article softens that to may be able to absorb, for qualifying Oklahoma businesses. It writes 504 project financing typically up to $20 million, and USDA Business and Industry loans for loans that exceed the SBA's maximum, both other structures.
- Best For
- A buyer in Oklahoma or Texas who wants a Preferred Lender that names a partner buyout in its 7(a) list and, for an Oklahoma business, may carry the guaranty fee.
- Track Record
- An Oklahoma and Texas bank of more than eighty locations, a Preferred Lending Partner with SBA in its own words, whose SBA page names a partner buyout and pays the guaranty fee on Oklahoma loans by its page.
- Type
- Bank (lends directly)
- Footprint
- More than eighty locations across Oklahoma and Texas by its locations page, from a Durant, Oklahoma post office box on its contact page; no page calls a city its headquarters. It lends beyond the states it names, so one it does not name is worth asking about rather than ruling out.
- Approval Authority
- Says it holds SBA Preferred Lender status, so it can approve the loan itself rather than sending the file to the agency for a second look.
- Deal Size
- $500k to $5M.
- Publishes no floor. Most of this shelf gives a ceiling that is really the agency's own cap, and no minimum at all.
- No floor on any page; its SBA page restates the program's 7(a) ceiling and says loans of $350,000 or less have simplified processing.
- Searcher Practice
- A general SBA lending desk, branch-driven.
- A contact form behind both buttons on its SBA page and a phone line asking for a commercial lender in the reader's area; no online application, and no SBA banker named.
- No page names a search fund or a searcher; its 7(a) purposes list business acquisition, partner buyout and buying in to an existing company fifth of seven, with a partner buyout case study.
- Published Terms
- The program's 7(a) ceiling restated; twenty-five years for real estate and ten for other purposes, with blended terms that may be available. The guaranty fee paid by the bank on Oklahoma loans by its page, which its article softens; 504 project financing typically up to $20 million.
- Roadmap Stages
- 5. Diligence & Close the Deal
Pros and Cons
Pros
- A Preferred Lending Partner with SBA in its own words, with faster approvals from its PLP status by its benefits list
- Lists business acquisition, partner buyout and buying in to an existing company among its 7(a) purposes, and asks the reader whether they are considering a partner buy-out or business acquisition
- Says the guaranty fee is paid by the bank for loans originated in Oklahoma to Oklahoma businesses, with the tax credit basis explained in its article
- A partner buyout case study and a full commercial loan checklist on its pages
Cons
- No SBA banker is named anywhere; its team page lists executives only and its press page answers 404
- Its SBA page states the fee benefit flatly where its own article says may be able to absorb and not for every request
- Its contact page's mailing address is a Durant, Oklahoma post office box and no page calls a city its headquarters; its about and locations pages count its banks two ways
- Names no search fund, searcher or acquisition entrepreneur
What Searchers Say
Read on its SBA and USDA lending page, its commercial loans, commercial products and small business pages, its about, locations and team pages, its press page, which answers 404, and two of its own articles on Preferred Lender status and on guaranty fees. No searcher-forum discussion of the desk was found.
How to Approach
First United Bank is a bank, so this is how that kind of lender comes in, what it weighs, and how to arrive ready.
The Typical Arc
- A prequalification on you and the target, often from the first email.
- A full application and the bank's own underwrite of the deal.
- A term sheet, then closing on the SBA's timeline, commonly two to four months.
What It Weighs
- Whether the business's cash flow covers the debt with room to spare.
- Your experience relative to the business you are buying.
- Your equity injection and how clean the financials are.
How to Prepare
- Model the payment and coverage before you call. SBA Acquisition Calculator
- Underwrite the specific deal end to end. Underwrite a Deal
- Show where every dollar comes from and goes. Sources & Uses Builder