SBA Lending

SBA 504 Wholesale Lending

Maximize working capital and cash flow with flexible financing terms!

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Start or Expand Your Business

As a nationwide preferred SBA lender, LendingClub will work closely with you to evaluate your needs, develop a customized solution, and guide you through the process from start to finish.

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Highlights of SBA Lending

  • Multi-use and Special-use Real Estate
  • Collateral Neutral
  • Start-ups
  • Business Acquisitions (up to $5 million)
  • Franchise Lending

Pricing and Pre-Payment Penalty Parameters

  • 3 Year Swap + 2.75%–3.25% Reset/Convert to Variable
  • 3%–2%–1% PPP Required
  • 5 Year Swap + 2.75%–3.25% Reset/Convert to Variable
  • 5%–1% PPP Required
  • 10 Year Swap + 3.25%–3.75% Reset/Convert to Variable
  • 10%–1% PPP Required

What’s to Come with the 504 Wholesale Platform

  • National Coverage
  • All Property Types (Assisted Living, Child Care, Limited Service Hotels)
  • Fixed Rate 1st Mortgage Options (as low as 5.50% fixed for 5 years)
  • Referral Fees Paid to Banks, CDC’s, Mortgage Banks
  • Construction Financing
  • 10 Year Fixed Rates Available (Non-Construction)

Loan Qualifications

  • 10%-20% Equity Injection Depending on Multi-use, Special-use or Start-up
  • 1.25x DSC Last Full Fiscal Year and Interim
  • Prior Ownership & Management Experience Preferred
  • Minimum FICO = 660
  • Full Recourse
  • Life Insurance Could Be Required if Deemed Necessary by SBA

Why choose LendingClub for your SBA loan?

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  • “Everyone here has been great! This has been a stressful time for small business owners and LendingClub has really helped me to navigate the application process for an SBA loan. Thanks again to everyone at this bank.”

    Billy C.

  • “Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a customer.”

    Hayden S.

  • “Joseph in Customer Service couldn’t have been more helpful! It was great to chat with a live person and get my questions answered. It’s been very frustrating with other banks. Thanks LendingClub!”

    Penelope Q.

  • “Outstanding experience!  Plain and simple!  Chat Bot Rae and Customer Service Rep. Jessica responded quickly and informed me of exactly what I needed to do and took care of my concerns.”

    Amy L.

  • “Jessica at Customer Service was extremely thorough and informative, especially in light of all the uncertainty in the current environment. I am a small biz CPA in North Carolina, and LendingClub is THE best financial institution I have seen in my 30 years of experience.”

    Hank S.

  • “I’ve been so thankful for the help during this uncertain time. I’m looking forward to other future collaborations with this bank. Thank you for being you!”

    Lexi G.

Get in touch!

Speak with someone from our SBA Lending team today!

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