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Grasshopper Bank SBA Lending
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Grasshopper Bank SBA Lending Review

In addition to business banking services, Grasshopper Bank is an SBA Preferred Lender. Find out if these lending services are right for your business.

    Erica Seppala
  • Last updated onUpdated

  • Shelbi Wescott
  • REVIEWED BY

    Shelbi Wescott

    Managing Editor

Our content reflects the editorial opinions of our experts. While our site makes money through referral partnerships, we only partner with companies that meet our standards for quality, as outlined in our independent rating and scoring system.

Grasshopper Bank SBA Lending

Total Rating 4.2
Rates & Fees4.1

Services4.2

Eligibility Requirements3.9

Application4.3

Sales & Advertising Transparency5.0

Customer Service3.8

User Reviews4.2

Grasshopper Bank SBA Lending At A Glance

  • Grasshopper Bank is an SBA Preferred Lender that offers SBA 7(a) and 504 loans to qualified businesses
  • Grasshopper’s digital application takes just minutes to complete
  • Grasshopper Bank can provide a preapproval in less than 10 minutes to qualified borrowers

Business Loan & Funding Products Review Methodology

Merchant Maverick has been researching and reviewing business lenders since 2015. Our writers have tested over a hundred different funding products, including traditional term loans, online loans, lines of credit, start-up loans, merchant cash advances, and equipment financing. In each review, we evaluate rates and fees, services, eligibility requirements, application process, sales and advertising transparency, customer service, and user reviews.

Weighted Rating Breakdown

Rates & Fees 20%
Services 20%
Eligibility Requirements 20%
Application 15%
Sales & Advertising Transparency 10%
Customer Service 10%
User Reviews 5%

Read more about how we rate business loans and funding products.

When comparing different lenders and loan products, we consider many data points, including the ease and transparency of the application process, interest rates, repayment structure, sales ethics, time to funding, revenue and time in business qualifications, and credit score requirements. Our lists of the best funding products include only those we’ve deemed worthwhile from multiple vantage points, and often share qualities such as widespread accessibility across fifty states, low rates, flexible requirements, and competitive borrowing amounts.

We spend an average of 10-15 hours researching and updating each one of our lists, making sure the loans and funding products included meet our internal standards for quality and reputation.

Erica Seppala

Erica Seppala

Editor & Senior Staff Writer at Merchant Maverick
Erica began writing on small business topics in 2008. She joined Merchant Maverick in 2018 and focuses on loans, accounting, and POS. She is a Certified ProAdvisor for QuickBooks Online and QuickBooks Payroll. She has been cited in MSN, Reader's Digest, Vox, U.S. News & World Report, and Real Simple. She is a graduate of Limestone University and resides in Greenville, South Carolina.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.



Find Funding for Any Credit Level

BusinessLoans.com


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Explore a wide range of business loan options at BusinessLoans.com. With no minimum credit score requirement, find the perfect funding solution for your needs. Get Started.

Find Funding for Any Credit Level

BusinessLoans.com


Visit Site

Explore a wide range of business loan options at BusinessLoans.com. With no minimum credit score requirement, find the perfect funding solution for your needs. Get Started.

To learn more about how we score our reviews, see our Business Loan Rating Criteria.