SBA LOAN SPECIALISTS

Best SBA Loan Lenders

Compare 6+ sba loan specialists to find the best rates, terms, and service for your business.

6+ Lenders Compared Updated December 2025

SBA loans are government-backed loans that offer the lowest rates and longest terms available for small business financing. However, they require extensive documentation and take weeks to months to fund. SBA specialists have streamlined this process, making these advantageous loans more accessible. This guide compares the top SBA lenders to help you navigate the SBA loan landscape.

OUR TOP PICK

#1 RECOMMENDED

Tree of Life Funding

4.8

LOAN AMOUNT$5,000 - $5,000,000

APR RANGE7.5% - 45%

FUNDING SPEEDSame day

MIN CREDITAll credit types

Unlike other lenders on this list, Tree of Life Funding is a lending marketplace that connects you with 75+ vetted lenders. This means you can compare multiple offers with one application and no hard credit pull, ensuring you get the best rates and terms for your situation.

Why we like it

75+ lending partners
No hard credit pull
Same-day funding
Dedicated advisor

Keep in mind

•Not a direct lender

Check Your Rates - No Credit Impact

ALL LENDERS

Complete Comparison

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Live Oak Bank

5.0

LOAN AMOUNT$350,000 - $25,000,000

APRPrime + 2% - Prime + 2.75%

FUNDING30-90 days

MIN CREDIT680+

Compare

Best for: Healthcare and professional service businesses seeking large SBA loans

SmartBiz

4.0

LOAN AMOUNT$30,000 - $5,000,000

APR10.5% - 12.75%

FUNDING2-4 weeks

MIN CREDIT650+

Compare

Best for: Qualified businesses seeking the best rates through SBA loans

Wells Fargo Business Loans

4.0

LOAN AMOUNT$10,000 - $5,000,000

APR7% - 22%

FUNDING2-4 weeks

MIN CREDIT680+

Compare

Best for: Established businesses with strong financials seeking the lowest rates

Bank of America Business Loans

4.0

LOAN AMOUNT$10,000 - $5,000,000

APR6% - 20%

FUNDING2-6 weeks

MIN CREDIT700+

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Best for: BofA customers with excellent credit seeking traditional bank financing

Chase Business Loans

4.0

LOAN AMOUNT$5,000 - $5,000,000

APR7% - 18%

FUNDING2-4 weeks

MIN CREDIT680+

Compare

Best for: Chase customers with strong financials seeking competitive bank rates

Celtic Bank

4.0

LOAN AMOUNT$50,000 - $5,000,000

APRPrime + 1.75% - Prime + 2.75%

FUNDING21-45 days

MIN CREDIT650+

Compare

Best for: Businesses seeking SBA loans with reasonable timelines

METHODOLOGY

How We Evaluate Lenders

We evaluate SBA specialists on interest rates (25%), processing speed (25%), approval rates (20%), customer support (20%), and industry expertise (10%). While dedicated SBA lenders excel at these loans, Tree of Life Funding's marketplace can help you explore SBA options alongside faster alternatives, ensuring you make the best choice for your timeline and needs.

25%

Interest Rates

20%

Loan Terms

20%

Funding Speed

15%

Customer Reviews

10%

Eligibility Requirements

10%

Transparency

FAQs

Common Questions

SBA loans are partially guaranteed by the government, which reduces lender risk and allows for lower rates (currently Prime + 2-3%), longer terms (up to 25 years), and higher amounts (up to $5M) than conventional loans.

SBA loans typically take 30-90 days from application to funding, though some streamlined programs can be faster. This is the trade-off for the excellent terms.

Requirements vary by program but generally include 2+ years in business, 680+ credit score, profitable operations, and industry-specific criteria. Documentation requirements are extensive.

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