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Small business loans in Detroit are available from many SBA lenders. Here are the most active Detroit SBA lenders:
| Rank | Detroit Lender | Headquarters | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Huntington Bank | Columbus, OH | 24 | $141,442 | 5.5% |
| 2 | The State Bank | Fenton, MI | 12 | $2,000,000 | 4.1% |
| 3 | First Internet Bank of Indiana | Fishers, IN | 5 | $1,147,600 | 5.6% |
| 4 | HomeTown Bank | Kent, OH | 5 | $1,034,000 | 6.0% |
| 5 | IncredibleBank | Wausau, WI | 5 | $675,500 | 5.7% |
Connect me to a Detroit lender!
Many entrepreneurs search SbaLenders.com for “business loans near me” or “SBA lenders near me,” but the reality is often times the best banks for Detroit SBA loans are not local but national SBA preferred lenders. Connect with us and we can connect you today with local or national SBA banks that are small business loan experts.