Banks and nonbanks approved to make government guaranteed 7(a), 504 and Express loans. 1 SBA lender across the US and Canada, typically lending $50k to $5M. Last checked Nov 1, 2026.
SBA lenders make loans the US Small Business Administration partly guarantees, which lets them offer longer terms and accept less collateral than on a conventional loan. Preferred lenders approve in house without sending the file to the SBA, so they close faster. The guarantee does not lower the bar on cash flow: they still want the payment covered with room to spare, an owner cash injection and good personal credit.
Read the guide: What an SBA preferred lender is and why it matters5 minCash flow that covers the payment, an owner cash injection, good personal credit, relevant experience and a use of funds the program allows.
Four to twelve weeks. Preferred lenders approve in house and close fastest; appraisals, business valuations and missing tax transcripts slow every file.
Entries start from public records. Standing rises as the lender claims its entry, adds its loan officers and verifies its details.
The register lists 1 SBA lender and 0 loan officers who work at them. Any lender can claim its entry and correct its details.
