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Home Utah FinWise Bank

FinWise Bank

SANDY, UT 84107

⭐ SBA Preferred Lender
645
Loans Approved
$798.5M
Total Volume
$1.2M
Avg Loan Size
29
States Served

States Served

Top Industries Financed

  • Offices of Lawyers
  • Electronic Shopping and Mail-Order Houses
  • Other Miscellaneous Durable Goods Merchant Wholesalers
  • All Other Specialty Trade Contractors
  • Supermarkets and Other Grocery (except Convenience) Stores

Quick Summary

FinWise Bank is an SBA-approved lender headquartered in SANDY, Utah. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 645 SBA 7(a) loans totaling $798.5M, with an average loan size of $1.2M. They serve businesses across 29 states.

About FinWise Bank

FinWise Bank is an SBA-approved lender headquartered in SANDY, Utah. Since 2020, they have approved 645 SBA 7(a) loans totaling $798.5M, with an average loan size of $1.2M. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 29 states.

Before you apply — know where you stand

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Frequently Asked Questions

Is FinWise Bank an SBA Preferred Lender?

Yes, FinWise Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has FinWise Bank approved?

According to SBA FOIA public records, FinWise Bank has approved 645 SBA 7(a) loans totaling $798.5M since 2020. Their average loan size is $1.2M.

What states does FinWise Bank serve?

FinWise Bank serves businesses in 29 states: Arkansas, Arizona, California, Connecticut, Delaware, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Massachusetts, Maryland, Michigan, Missouri, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington.

How do I apply for an SBA loan with FinWise Bank?

To apply for an SBA 7(a) loan with FinWise Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days