Top Kansas SBA Lenders | Kansas SBA Loans

Last update: Jun 22, 2024

Find me a lender

Best SBA lenders in Kansas

RankSBA LenderSBA Lender HQs# of LoansAvg Interest Avg Loan
1U.S. BankCINCINNATI, OH489.5% $164,521
2Equity BankANDOVER, KS1610.0% $560,013
3BayFirst National BankSaint Petersburg, FL1512.6% $149,473
4Bank of HaysHAYS, KS158.5% $287,940
5Emprise BankWICHITA, KS148.3% $280,964
6Small Business BankLENEXA, KS1310.8% $295,646
7United Midwest Savings BankDE GRAFF, OH1211.2% $114,167
8UMB BankKANSAS CITY, MO118.6% $390,518
9Silver Lake BankTOPEKA, KS109.4% $201,100
10Commerce BankKANSAS CITY, MO99.3% $368,511
11Dream First BankSYRACUSE, KS79.0% $317,143
12INTRUST BankWICHITA, KS78.9% $231,429
13Live OakWILMINGTON, NC79.9% $1,850,714
14OakStar BankSPRINGFIELD, MO710.4% $1,130,129
15Community National Bank & TrustCHANUTE, KS78.4% $618,200
16Huntington BankCOLUMBUS, OH710.6% $226,886
17Readycap Lending, LLCBERKELEY HEIGHTS, NJ712.5% $587,129
18Country Club BankKANSAS CITY, MO69.9% $284,817
19First Bank of the LakeOSAGE BEACH, MO510.6% $1,928,920
20Kendall BankOVERLAND PARK, KS59.8% $938,860

Interest rates for SBA loans in Kansas

The table below shows the average interest rates for SBA loans in Kansas during the past few quarters for loans over $50,000. Note that most SBA loans are variable-rate loans, so borrowers may benefit from lower rates in the future if the Federal Reserve lowers interest rates.

YearQtr# of Loans Avg LoanAvg Rate
2024165 $556,90710.0%
2023473 $605,62610.0%
2023372 $654,2539.6%
2023275 $657,2789.5%
2023158 $674,7598.9%
2022457 $559,9388.2%
2022360 $358,0887.0%
2022264 $438,3735.7%
2022165 $720,0825.2%
2021441 $465,8145.2%
20213136 $733,9505.1%
2021270 $687,0565.1%
2021151 $512,4455.2%

Find me an SBA lender

Top industries receiving SBA loans in Kansas

Here are the top 20 industries in Kansas based on small business loan volume from last year. This information can help you gauge what to expect for your business in terms of interest rates from SBA lenders:

RankIndustry (NAICS Description)# of LoansAvg Interest Avg Loan
1Landscaping Services139.5% $270,769
2Fitness and Recreational Sports Centers1210.4% $213,200
3Full-Service Restaurants119.3% $941,582
4Limited-Service Restaurants118.4% $500,700
5Hotels (except Casino Hotels) and Motels109.5% $1,706,670
6Plumbing, Heating, and Air-Conditioning Contractors810.0% $275,738
7Residential Remodelers710.7% $151,486
8Offices of Chiropractors69.4% $114,333
9Offices of Dentists69.4% $331,100
10Testing Laboratories610.8% $262,500
11All Other Specialty Trade Contractors59.9% $328,360
12General Freight Trucking, Local59.1% $231,620
13Janitorial Services510.1% $146,980
14Offices of Mental Health Practitioners (except Physicians)59.8% $107,840
15Snack and Nonalcoholic Beverage Bars59.4% $780,200
16Sports and Recreation Instruction59.7% $504,800
17Beauty Salons410.9% $90,300
18Electrical Contractors410.5% $1,335,275
19General Freight Trucking, Long Distance, Truckload49.4% $356,300
20Offices of Physical, Occupational and Speech Therapists, and Audiologi49.1% $145,675

Kansas SBA lenders FAQs


Who are the top SBA lenders in Kansas?

The best SBA lenders in Kansas are those closing the highest number of SBA loans in the state. You can find them listed in the table above. This data is updated quarterly and reflects the rolling 12-month period.


How do I qualify for an SBA loan in Kansas?

To qualify for an SBA loan in Kansas, your business (or the one you’re acquiring) must meet size standards, demonstrate the ability to repay, and have a sound business purpose. Contact an SBA-preferred lender in Kansas or use our SBA Lender Match tool to check your eligibility. Common reasons for disqualification include:

1. Insufficient Cash Flow: Ensure you have enough cash flow to cover SBA loan payments. Use our SBA Maximum Loan calculator to determine your maximum loan amount.

2. Low Credit Score: A credit score of 650 or above is generally required.

3. High Working Capital Needs: Loans over $150,000 primarily for working capital face stricter scrutiny.

4. Business Acquisitions: Lack of industry or relevant experience and insufficient down payment (typically 10% or more) can be disqualifying factors.

Complete our SBA Lender Match tool, and we’ll provide a preliminary assessment of your SBA loan eligibility. We can then connect you with lenders who specialize in Kansas SBA loans.


What is the SBA 7(a) loan program?

The SBA 7(a) loan program is the most popular SBA loan, offering up to $5 million for various business purposes, including working capital, equipment, and real estate. This program is available to businesses throughout Kansas and offers flexible terms. Unlike SBA 504 loans, which require a Certified Development Company (CDC) and full collateralization by real estate, 7(a) loans are quicker and more versatile. At, we specialize in assisting with SBA 7(a) loans and can also help with 504 loans if needed.


What is the SBA 504 loan program?

The SBA 504 loan program offers long-term, fixed-rate financing for major assets like real estate and equipment, providing up to $5.5 million. Designed to promote business growth and job creation in Kansas, this program requires both a Certified Development Company (CDC) and an SBA lender to finance portions of the loan. While SBA 504 loans offer significant benefits, they typically take longer to close and require full collateralization, resulting in lower activity compared to SBA 7(a) loans. At, we can assist you with securing an SBA 504 loan to support your Kansas business.


Which SBA loan is easiest to get approved for?

SBA loans of $150,000 or less from an SBA preferred lender are the easiest to get approved for. The application process is streamlined, with most lenders focusing primarily on the individual borrower’s credit score rather than the business itself.


What types of businesses are eligible for SBA loans in Kansas?

Most small businesses in Kansas are eligible for SBA loans, including those in manufacturing, retail, service, and agriculture. Certain restrictions apply, so it’s best to consult with your Kansas SBA lender or to confirm your eligibility.

Common Ineligible SBA Loan Inquiries we see at include:

  1. Passive Income Businesses: Businesses generating passive income, like rental real estate or apartment purchases, are ineligible for SBA loans, which are designed for active businesses. Hotels are eligible but AirBNBs are not.
  2. Leasing or Finance Companies: Businesses mainly involved in leasing or financing are not eligible for SBA loans due to their operational nature.
  3. Venture Capital or Private Investor Consortiums: Entities formed solely to invest in other businesses do not qualify for SBA loans. This includes general partners of special purpose vehicles seeking to leverage equity for investments.


How do I find an SBA-approved lender in Kansas?

Through our SBA Lender Match tool, we can introduce you to three (or more) SBA lenders who serve the Kansas market. All of the SBA lenders in our network are SBA preferred lenders, and the individual bankers work exclusively on SBA loans.


Can I use an SBA loan to buy a franchise in Kansas?

Yes, SBA loans can be used to purchase a franchise in Kansas or create a startup. In fact, SBA lenders prefer franchises over startups as generally the franchise has already demonstrated success in the marketplace. Your SBA lender can help you navigate the process and secure financing for your franchise purchase.


How can an SBA loan help my small business in Kansas?

SBA loans offer several advantages over conventional loans, making them especially attractive for acquisitions. They have no collateral requirements, no debt covenants, and offer longer repayment terms—10 or 25 years—which result in lower monthly payments. Although SBA loans generally have slightly higher interest rates, these benefits can help your Kansas small business manage cash flow, invest in growth opportunities, and reduce financial strain.


Can I refinance existing debt with an SBA loan in Kansas?

Yes, SBA loans can be used to refinance existing business debt under certain conditions, but in general one SBA loan can’t be used to pay off an existing SBA loan. This can help reduce your interest rate and improve cash flow as SBA loans have ten-year terms or 25 years if real estate. Talk to your SBA lender in Kansas to explore refinancing options.


How do SBA loan guarantees work?

SBA loan guarantees reduce the risk for lenders by backing a portion of the loan amount. This makes it easier for lenders to finance small businesses in Kansas that might not qualify for conventional loans. However, this guarantee doesn’t prevent the lender from pursuing the borrower in the event of a loan default. The lender is required to do so and will require all 20%+ owners of the business to personally guarantee the SBA loan.


What support services are available for small businesses in Kansas?

Kansas offers numerous support services for small businesses, including Small Business Development Centers (SBDCs), SCORE chapters, and local chambers of commerce. These organizations provide free or low-cost business counseling, training, and resources to help your business succeed.


Other FAQs about the best SBA lenders in Kansas

People frequently ask us if one of the banks above is 1) on the Kansas preferred lender list 2) an approved lender in Kansas, or 3) participating in the Kansas SBA Express lending program. All these questions revolve around whether a given SBA bank makes small business SBA loans in Kansas and can they process SBA loans quickly. The answer is yes, of course. These are not the small banks that only make a few SBA loans a year and do not understand the SBA 7(a) loan program.

We analyze thousands of SBA loans each year and rank lenders based on recent activity. Although many SBA lenders will only lend in their local market(s), there are a handful of extremely aggressive nationwide SBA lenders who will lend anywhere. These lenders understand the SBA program as well as anyone and move very quickly, so we recommend not limiting your search to your home state. If you utilize our lender match tool, we can find you suitable SBA banks based on your geography, industry, and company and size at no cost or obligation to you to save you valuable time.

Find top SBA lenders near me!