• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

(858) 997-1755Schedule Discovery Call

ThinkSBA

ThinkSBA

ThinkSBA is a Nationwide SBA 504 and 7a Loan Brokerage serving small business and entrepreneurs purchasing owner occupied real estate, acquiring a business or franchise or buying out a partner.

Get Started
  • Loan Options
    • Business Acquisition
    • Franchise Acquisition
    • Partner Buy-Out
    • Real Estate Purchase
  • Loan Payment Calculators
    • Real Estate Loan Calculator
    • Acquisition Loan Calculator
  • Resources
    • About
    • Blog
    • Podcast
    • SBA 504 Rates
    • FAQ
  • Recently Funded
  • Get Started
abstract diagonal white grey background

Are All SBA Lenders Created Equal?

by Ryan Smith on September 15, 2019 (Updated: March 25, 2024)

Different Types of Lenders

The answer is no, not all SBA lenders are created equal. That’s because each lender applies the Small Business Administration’s Standard Operating Procedures manual, also referred to as the SOP, differently.

For example, some lenders have developed internal lending policies that are more stringent than the SOP. These lenders favor prime borrowers which translates to the lowest rates and most favorable terms for the few businesses who qualify.

Other lenders apply the SOP conservatively but their internal lending policies do not reflect a strict application. Therefore, a higher number of applicants qualify but don’t expect especially low rates and favorable terms.

Still, there is another subset of lenders who apply the SBA guidelines liberally but still remain within the SBA’s good graces. These lenders qualify the highest number of applicants but will also offer the highest rates and least favorable terms.

Different Outcomes

Therefore it is likely that an applicant submitting three applications with the same exact information to three different lenders will receive three different rate and term structures.

If this sounds confusing, it is, and that’s where ThinkSBA comes in to save the day. We work with the right lender to obtain the best rates and terms for your unique situation in the least amount of time.

My SBA Loan Pro

The My SBA Loan Pro Podcast is hosted by Your SBA Loan Pro, Ryan Smith. In each episode Ryan provides valuable information and best practices regarding the SBA loan program.

Each episode is approximately one minute in length and addresses topics related specifically to SBA 7(a) and 504 loan programs to purchase real estate, acquire a business or franchise and obtain working capital.

You’re encouraged to listen and subscribe to ensure you’re notified each time a new episode is available. Ryan publishes a new episode weekly on Tuesday mornings, unless he’s kidnapped to a deserted island of course.

You can listen and subscribe on your favorite platforms including Apple Podcasts, Spotify, Google Podcasts, Anchor and Stitcher.

Category: SBA Loan Podcasts, Small Business LoansTag: SBA Loan Podcasts

About Ryan Smith

Ryan Smith is Principal and Founder of ThinkSBA®, and Creator of The My SBA Loan Pro Podcast. Ryan specializes in assisting business owners and entrepreneurs with obtaining financing to purchase owner occupied real estate, acquire a business or franchise, or buy out a partner. Ryan accomplishes this by leveraging over eighteen years experience inside two of America’s top financial institutions.

Previous Post:sba non-bank lendersWhat Is An SBA Non-Bank Lender And Why Do They Exist?
Next Post:How To Build Wealth Through The SBA 504 Loan Programbuild wealth sba 504 loan program neon dollar signs

Apply for an SBA loan like a Pro.

Choose ThinkSBA for your next small business loan and rise above the competition.

Get Started

Contact ThinkSBA

  • (858) 997-1755

  • [email protected]

  • San Diego, CA
    No Drop-ins. By appointment only.

  • DRE #02082585

Learn

Business Acquisition

Franchise Acquisition

Partner Buy-Out

Real Estate Purchase

Resources

Blog

Contact

Podcast

About

FAQ

SBA Insider Newsletter

Join hundreds of smart business owners who receive the latest SBA news and interest rate updates monthly. It’s free. Unsubscribe anytime. No spam.


  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Copyright © 2025 · Silver Strand Capital LLC · All Rights Reserved · Powered by BizBudding · Return to top