SBA Loans To Help Take Your Business Further, Faster
As an SBA Preferred Lender, we can reduce timing and documentation hurdles and help you achieve your funding goals sooner. Get qualified for an SBA 7(a) loan in less than 10 minutes today!
Apply for a SBA (7a) Loan
Is the loan amount you are seeking for your small business more or less than $250,000
At this time Grasshopper is not accepting applications for loans less than $250,000
Check out our partner that matches your funding amount below:
- Fundera has helped 75,000 + small business owners secure funding
- Loan amounts from $1K – $2M
- Access to over 25 lenders
- Funding as fast as same day
- Get approved and funded as soon as same day
- Wide range of financing options to choose from
- Loan amounts from $10k – $3M
- Applying won’t impact your credit score
Trusted by Industry Experts
Fuel What's Next For Your Business
Your business is unique, and so are your goals. From bold new ideas to everyday operations, SBA loans are built to support what matters most to you with the flexibility and capital you need to succeed on your own terms.
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Acquisition & Expansions
Grow your business with confidence! Finance your expansion or acquire existing operations to reach a larger network with minimal cash out of pocket.
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Working Capital
Access funding to support your business needs, whether it be a special project or navigating your business' unique cash flow cycle.
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Partner Buyout & Succession Planning
From changing business ownership to planning for retirement, we can help protect your interests and execute your vision.
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Debt Refinance
Consolidate business debt to improve cash flow with extended terms and competitive rates that unlock additional liquidity for your business.
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Commercial Real Estate
Purchase, construct, improve, or refinance a building for your business with a 25-year loan.
Choosing the Right Loan For Your Journey
Backed by the Small Business Administration, SBA loans typically offer lower down payments, competitive rates, and longer repayment terms with more flexible eligibility requirements than traditional financing, allowing you to preserve cash flow and invest more confidently in your business’s growth. Explore the SBA loan programs we offer and let our experienced team help you find the best fit to support your business goals.
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SBA 7(a) Loan
The SBA 7(a) loan is the most common SBA loan product, offering financing for virtually all business expenses. An SBA 7(a) loan is a good option for working capital, acquisitions, partner buyouts, real estate purchases, refinance and more.
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SBA 504 Loan
SBA 504 loans are long-term, fixed-rate financing for real estate purchases and buildouts. Our 504 loans can include acquiring commercial real estate, financing improvements within that real estate, and purchasing large equipment.
Meet the ExpertsReal People, Ready to Help
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Brennan Quenneville
Head of SBA LendingBrennan Quenneville arrives at Grasshopper Bank with more than a dozen years of commercial finance experience, most recently with Pathward, National Association, where he oversaw underwriting teams specializing in SBA lending, USDA lending, and renewable energy project finance. At other points in his career, Brennan has led or contributed to teams in equipment finance, investment real estate, and managed assets. In his free time, Brennan enjoys reading, listening to music, and watching sports. Brennan is excited to match his enthusiasm for team-building and development with Grasshopper's entrepreneurial culture and best-in-class technology and products. Brennan graduated from the University of Michigan with an anthropology degree, having focused on archaeology during his studies.
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David Menoian
National Sales ManagerDavid Menoian comes to Grasshopper Bank after more than a decade with Pathward, National Association where he led teams that specialized in SBA lending, USDA lending, and renewable energy project finance. David's most recent role was as National Sales Manager, but he also spent time in audit, credit, business development, and group leadership roles. When he's not finding deals, David is an avid golfer and reader and is a Detroit Lions season ticket holder. David is excited to join Grasshopper for many reasons, including its forward-thinking approach, entrepreneurial spirit, and drive to have great technology. David graduated from Kalamazoo College with degrees in both business and philosophy.
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Justin Whitson
Business Development OfficerJustin Whitson joins Grasshopper Bank with over a decade of commercial finance experience with Pathward, National Association, including the last five years in a business development role. In prior positions, Justin was an operations contributor and led teams in both underwriting and loan closing. Outside of work, Justin is actively involved in his community and regularly participates in a variety of sports leagues. In joining the Grasshopper team, Justin is excited to combine his SBA lending expertise with Grasshopper's technology and services, providing top-tier service and products to our clients. Justin graduated with a BA in finance from Oakland University.
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Zach McDonald
Business Development OfficerZach brings 15 years of deep financial expertise to Grasshopper, with a specialized focus on empowering small businesses. A proud graduate of the University of Michigan with a Bachelor of Science in Economics, Zach has dedicated 11 of those years to guiding entrepreneurs through the intricacies of SBA financing. Living in Michigan with a lively household of a wife, dogs, cats, and chickens, Zach balances a commitment to professional excellence with a passion for traveling and hitting the golf course.
Fast-Track Your Business Growth
Apply online for an SBA 7(a) loan in as little as 10 minutes and get qualified up to $5M.
Learn MoreWhy GrasshopperDrive Your Business Forward With Grasshopper
Grasshopper combines award-winning technology and years of industry expertise to deliver an exceptional small business lending experience. We pride ourselves on building long-term relationships and devising effective financing structures that produce optimal results for our clients.
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Unmatched Speed
Our PLP status, combined with a cutting-edge digital application, accelerates the funding process by enabling faster documentation submission and verification.
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Personalized Experience
Our team consists of accomplished banking professionals with specialists in multiple industries prepared to design niche financing products for your specific needs.
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Seamless Loan Process
With decades of experience supporting small businesses, our team is here when you need us, offering responsive support, clear guidance, and the flexibility to adapt as your needs evolve.
More Than LendingA Full Product Suite to Support Your Small Business
From SBA loans to high-yield checking and savings, we offer the financial tools you need to manage, grow, and reward your business—all in one place. With our Innovator Product Suite you can earn up to 3.30% APY and unlimited 1% cash back. Plus, no monthly or overdraft fees.
Frequently Asked Questions
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An SBA loan is a type of financing provided by private lenders but backed by the U.S. Small Business Administration (SBA), designed to support small businesses that may not meet traditional lending criteria. This government guarantee allows us to offer loans with more favorable terms, such as lower down payments, longer repayment periods, and competitive interest rates.
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An SBA 7(a) loan can be used for a variety of purposes, including working capital, buying equipment or real estate or refinancing debt.
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At this time, we are offering preapprovals for SBA 7(a) loans starting at $250,000 and up, catering to businesses ready to take their operations to the next level with substantial financial support.
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Applying for a loan does not guarantee automatic approval. Instead, you can undergo a pre-screen process where we gather preliminary information about your business. This helps us determine if you may qualify for an SBA 7(a) loan. Although this initial step is crucial, it does not assure approval, as the final decision depends on a comprehensive evaluation of all the required documentation, verification and loan criteria.
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In our application process, we conduct a soft pull to pre-qualify you for an SBA 7(a) loan, which does not impact your credit score.
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