SBA Lenders
SBA lenders are financial institutions approved by the Small Business Administration (SBA) to offer loans under its programs, such as the 7(a) loan and the 504 loan. These loans are designed to assist small businesses in various aspects, such as start-up costs, working capital, expansion, and more. SBA loans are known for favorable terms, including lower down payments, flexible overhead requirements, and no collateral needed for some loans. However, they also require thorough documentation and can have stringent qualification criteria. SBA lenders play a crucial role in facilitating these loans, providing guidance and support throughout the application process.
Byline Bank
Byline Bank has helped Chicago neighborhoods for over 100 years. Offering a full range of services including personal, business and commercial banking.
Regions Bank
Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama.
First Business Bank
Through strategic solutions and unmatched service, First Business Bank focuses on your business banking, private wealth, and specialty finance needs.
Huntington Bank
Huntington National Bank is recognized as a significant player in SBA lending, particularly in the Midwest. They offer various Small Business Administration (SBA) loan options, including the popular 7(a) and 504 loan programs. Huntington is known for its commitment to small business growth and development, providing tailored financial solutions and support to help small businesses achieve their objectives.
Live Oak Banking Company
Live Oak Bank is recognized for its expertise in specific sectors such as healthcare, agriculture, and veterinary services, providing tailored financial solutions to businesses in these areas. Their focus on technology-driven banking services also makes the loan application process more streamlined and accessible for small business owners.