United Midwest Savings Bank has again been ranked a top 25 Small Business Administration (SBA) lender nationally. United Midwest is now the 8th largest SBA lender in number of loans and the 12th largest in dollar volume in the country. This ranking is determined by the SBA based on loans approved for their 2020 fiscal year. “United Midwest continues to climb in the national rankings for SBA loans because we know what we do well, we do it efficiently and effectively, and we work hard to make sure we are at the top of our field,” commented Craig Street, Executive Vice President and Chief Lending Officer. “Rankings are certainly a point of pride for us, especially when we surpass some of the country’s largest financial institutions, but at the end of the day, our success represents how well we take care of our customers and referral partners. Our clients return to us time and again for financing needs and refer us to others, which is the ultimate compliment for any business.”
United Midwest offers SBA loans up to $150,000 for business needs such as working capital and new franchisees. For larger funding needs, United Midwest also provides SBA loans up to $5 million and USDA loans up to $10 million for business acquisitions, owner-occupied commercial real estate purchases, refinancing, and new-equipment purchases.