SBA Lending

Fuel your business ambitions

Huntington Bank brings experience to Small Business Administration (SBA) Lending, helping entrepreneurs open, grow or transform their businesses. As a top SBA lender in the nation1, our SBA-guaranteed loans are designed to kickstart opportunities. Explore our programs and take the next step today.

Contact an SBA specialist

SBA Loan Benefits

Be well-suited for your next step

From startup financing, to expansion or acquisition, loans from the SBA can be a smart way to approach your aspirations. These government-backed loans offer advantageous benefits over conventional business lending:

  • Longer terms to increase cash flow
  • No balloon payments
  • Down payments as low as 10%
  • No loan covenants or monitoring requirements
  • Maximum loan amounts of $5 million

Huntington SBA loan programs

    Why choose Huntington for SBA lending?

    As an SBA Preferred Lender, Huntington can simplify your financing process with fast decisions on most SBA loans. Our team of specialists works closely with you through the process with expertise tailored to your business needs. For construction projects, we even provide a dedicated draw team to ensure everything aligns smoothly.

    Growing Opportunity

    Lift Local Business®

    Huntington’s Lift Local Business® program supports small businesses throughout their life cycle, from startup to expansion

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    How do I apply for an SBA loan?

    Applying for an SBA loan with Huntington is simple. Fill out our form to connect with an SBA specialist who will guide you through the process, answer your questions, and keep things moving smoothly. Whether you’re nearby or far away, our team delivers the same exceptional service every time, making every conversation feel personal and helpful.

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    SBA Lending FAQs

    It's a loan for small businesses backed by the Small Business Administration (SBA), a government agency that provides support to small businesses. You apply for the loan through a private lender, like Huntington, but the SBA provides a loan guarantee, allowing for more flexible loan features compared to conventional business loans.

    Depending on your business, Huntington’s specific loan requirements may differ, so we encourage you to request a callback with one of our SBA specialists or call us at (800) 480-2001 to learn more. 

    That said, the SBA has basic eligibility requirements you must meet to qualify for a 7(a) or 504 loan. For a 7(a) loan, businesses must:

    • Operate for profit
    • Be engaged in, or propose to do business in, the United States or its territories
    • Have reasonable owner equity to invest
    • Have 100% beneficial ownership by U.S. citizens, U.S. Nationals, or Legal Permanent Residents
    • Meet the SBA definition of a 'small business'

    For a 504 loan, businesses must:

    • Operate as a for-profit company in the United States or its possessions
    • Have a tangible net worth of less than $15 million
    • Have an average net income of less than $5 million after federal income taxes for the two years preceding your application

    To apply for an SBA loan, you'll likely need the following documents:

    • SBA borrower's information form (Form 1919)
    • Business tax returns
    • Business certificate or license
    • Business lease
    • Personal financial statement
    • Personal income tax returns

    While it is smart to prepare yourself for the documents you may need, we recommend meeting with a Huntington SBA specialist so we can work with you to understand the necessary documents for your specific business and SBA loan type. Fill out the form above to get in touch with an SBA specialist or call us at (800) 480-2001 today.

    Disclosures

    1 SBA loans are subject to SBA eligibility.

    Loans subject to credit application and approval.

    Lift Local Business® is a federally registered service mark of Huntington Bancshares Incorporated.

    Lift Local Business loans are still subject to Huntington’s application, approval and credit guidelines. There may be circumstances including, without limitation, bankruptcy in the last 4 years, a violent felony, or very low business credit score, that mean a minority-, woman-, or veteran-owned business will not qualify for a Lift Local Business loan.