This compilation is a special investigation into small business lending in Missouri, grounded in factual data. The lenders are ranked according to the volume of small business loans they've distributed this year.
Simply put, this means we're spotlighting the banks and lenders that actually extend loans to small businesses within the state.
(This stands in stark contrast to other websites that focus on nonprofits with minimal lending activity or government programs that are challenging for many businesses to qualify for.)
Takeaway: Half the banks on this list are headquartered in Missouri, and the other half are regional and national banks.
Methodology: Our analysis draws from data concerning SBA 7a loans. Therefore, every lender on our list provides SBA loans. Additionally, we've included information about other types of small business loans that these lenders feature on their websites.
Regrettably, conventional banks often have stringent requirements, such as high credit scores and a minimum of two years in business operation.
Therefore, our list begins with two alternative financing choices specifically for small business owners who might be facing credit issues or are relatively new to the business world.
