Best SBA 7(a) loan brokers?

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November 12, 2025

by a searcher from Hofstra University in Los Angeles, CA, USA

Who's great?
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Reply by a searcher
from University of Georgia in St. Louis, MO, USA
Colin McNulty (formerly at CIBC, now at First Savings Bank, Indiana) helped me get a fixed rate 7(a) back in 2019, which saved us tons when interest rates went up. I found him very insightful about how to navigate the process to get the best deal possible. He also was a cool head after the 2020 shutdown tanked my business and we had to build it back. I know Live Oak is active in the space and a leader. They are sort of the OG of the space, based on my understanding. They were a close second when I was selecting my banker. My data is a little dated###-###-#### ), so I'm sure there are some other great ones out there.
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Reply by an intermediary
from University of Iowa in Kansas City, MO, USA
They are all the same in terms of what they offer, in my opinion. My advice (although unsolicited) is to choose one that was previously an SBA lender. There are way too many "SBA Experts" out there that do not have any practical lending experience. All you are really doing is adding another layer to the process, so at a minimum they should at least know what it's like to write a credit memo, underwrite a deal, and sign closing documents. Bonus points if they have ever worked out an SBA deal in default. Send me a DM if you'd like to discuss further. Lots to unpack in this space.
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