United Midwest Savings Bank deposit products:
FDIC-Insured - Backed by the full faith and credit of the U.S. Government

It might surprise you that a community bank is the 13th largest SBA lender in the United States. And one of our specialties happens to be financing business acquisitions.

As you explore options for financing your business acquisition, there are many different loans to consider. United Midwest Savings Bank’s business loans with a Small Business Administration (SBA) guaranty are an excellent choice. United Midwest's SBA loans provide financing terms that may not otherwise be available to you in the marketplace.

United Midwest specializes in SBA lending in all 50 states. The staff at United Midwest have anywhere from 5 to 40 years of experience in SBA lending.  We might be a Midwest community bank based in Columbus, Ohio, but we are also the 13th largest SBA lender in the country by doing what we do best – financing businesses like yours.

* United Midwest is the 13th largest SBA lender as determined by the Small Business Administration (SBA) based on the number of loans approved in the fiscal quarter ending on 3/31/19.

 

Benefits of Purchasing a Business with an SBA Loan from United Midwest

  • Acquisition loans are available with only 10% down
  • Expand a current business with as little as no money down  
  • Interest rates are similar to conventional financing; 10-year term
  • An SBA loan is a great solution when there is little or no tangible collateral
  • The expertise of an SBA lender like United Midwest. Unlike other banks, we can have the loan approved in a matter of days, not weeks, and closed in under 30 days.  We are an SBA PLP lender, which means we have the authority to approve and close loans on behalf of the SBA, saving you and your clients valuable time and making the process easier.
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FAQ

Know how to get loans done

We have worked with Chad and United Midwest on many business acquisitions. I highly recommend them to anyone looking to arrange funding to acquire a business. The United Midwest team has extensive knowledge regarding SBA loans and are effective in getting financing arranged. Simply put, they know how to get SBA loans done and the deal to the closing table. - Tobin Mann, Mann Legal Services, LLC

Innovative financing solutions

To get transactions and deals successfully finished, make sure that you are partnered with the right group of financing professionals and companies. Over the years, Chad and his team at United Midwest have demonstrated proficiency and deep knowledge of the complex SBA financing process. From resolving complex deal structures to providing innovative "thinking-outside-the-box" solutions, the OBBA brokerage community has benefited from the long-time relationship with United Midwest. - Emmet Apolinario, President, Ohio Business Brokers Association

Easy to work with

We looked at a number of financing alternatives and by far United Midwest was the most knowledgeable and easiest to work with of any financial institution because they know and understand our insurance agency business. You don’t have to train them on the options or the usage of the loan as they have been lending to insurance agencies for years. They are very flexible and can offer up to 10 years, plus they have the pen on the loan and are not an intermediary. Give them a try and you will see why I say these things! - Bob Smith –Leavitt Group Midwest