Business Banking

SBA Loans

LendingClub is a nationwide Preferred SBA Lender

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Types of Loans

  • SBA 7(a) Loans

    SBA’s flagship program for small and medium sized businesses, offering financing for virtually all business expenses, including: commercial real estate purchases and construction, refinance of existing debt, equipment financing, working capital, and business acquisitions. Typical loan size is between $400,000 to $5 million.

  • SBA 504 Loans

    Long-term, fixed rate financing for real estate purchases (and buildout), ground-up construction, heavy equipment, and debt refinance. SBA 504 loans pair a senior bank loan with a debenture which together offer up to 90% financing. Typical loan size is between $750,000 up to $15 million+.

    Learn More
  • SBA Express Lines of Credit

    A revolving credit line for working capital. The maximum express loan is $500,000.

Get in touch!

Feel free to contact us with any questions. We are dedicated to providing exceptional customer service.

Small Business Owner

Tailored Checking Business Account

  • Earn unlimited 1% cash back on Qualified Purchases using your Tailored Checking debit card1
  • Earn 1.00% APY on balances up to $100,000.002
  • Unlimited automatic ATM fee rebates3
  • No monthly maintenance fee for accounts with more than $5004
  • No minimum balance requirement after $100 to open
Learn More

Why Choose LendingClub for your SBA Loan?

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  • Headshot of Radius Customer Male
  • Headshot of Radius Customer Female
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  • “Everyone here has been great! This has been a stressful time for small business owners and LendingClub has really helped me to navigate the application process for an SBA loan. Thanks again to everyone at this bank.”

    Billy C.

  • “Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a customer.”

    Hayden S.

  • “Joseph in Customer Service couldn’t have been more helpful! It was great to chat with a live person and get my questions answered. It’s been very frustrating with other banks. Thanks LendingClub!”

    Penelope Q.

  • “Jessica at Customer Service was extremely thorough and informative, especially in light of all the uncertainty in the current environment. I am a small biz CPA in North Carolina, and LendingClub is THE best financial institution I have seen in my 30 years of experience.”

    Hank S.

  • “I’ve been so thankful for the help during this uncertain time. I’m looking forward to other future collaborations with this bank. Thank you for being you!”

    Lexi G.

Digital banking, made human

At LendingClub, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.

Security

We use 256-bit encryption to ensure that data is protected with the highest level of security.

Financial Institution

FDIC Insurance

Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.

Customer Support

Have a question? We’re here to help. Chat with us online, or reach us by phone or email.

1. The Debit Card Rewards Program (“Cash Back Rewards”) provides 1.00% cash-back on all Qualified Purchases using a debit card tied to an Eligible Account. Eligible Accounts are: Tailored Checking accounts that maintain an average monthly balance of $500.00 for the calendar month in review. Qualified Purchases are defined as: Signature-based purchases made using the debit card tied to an Eligible Account. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and is based on how the transaction is transmitted at the time of processing. Qualified Purchases do not include: (1) any goods or services purchased that are returned or otherwise credited to your Eligible Account; (2) unlawful purchases; or (3) purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Checks, gift cards, cryptocurrency, casino chips, peer to peer payments, prepaid debit cards, account openings, loan payments, or other cash equivalents). We may report the value of Cash Back Rewards to the IRS as required by law. Any client whose tax status would require us to impose tax withholding of any sort will not be eligible for Cash Back Rewards. Accounts are reviewed after the end of each month. Any earned Cash Back Rewards will be credited to your account on or before the 10th calendar day of the next calendar month. The Eligible Account must be open and active at the time the Cash Back Reward is credited.
2. Annual Percentage Yield (APY) is accurate as of 10/02/2022. Interest is earned at the rate applicable to the portion of the balance that falls within each rate tier. Rate tiers are as follows: 1.00% APY applies to balances between $0.00–$499.99, 1.00% APY applies to the balances between $500.00 – $99,999.99, and 0.10% APY applies to balances of $100,000.00 and greater. For accounts with balances greater than $100,000.00, your blended APY can range from 1.00% to 0.10% depending on your total account balance and the portion that falls within each tier. Rates are variable and subject to change at any time, at the sole discretion of the Bank. Fees may reduce earnings.   
3. Get unlimited automatic ATM surcharge rebates for ATM fees other banks charge you. ATM surcharge rebates apply to cash withdrawals from a Tailored Checking account using the LendingClub Bank issued Debit Card wherever it is accepted. LendingClub Bank N. A. does not charge a fee for using another bank’s ATM. ATM fees will be rebated at the end of each statement cycle. Excludes international exchange fees. LendingClub Bank N. A. makes its best effort to identify those ATM fees eligible for rebate. In the event that you have not received a rebate for a fee you believe is eligible, please contact Customer Service at 800.242.0272. LendingClub Bank N. A. reserves the right to modify or discontinue the ATM surcharge rebate program at any time. Out-of-network ATM fees cost $2.50 on average — source: CNBC as of 01/26/2022. If someone were to use an out-of-network ATM 6 times per month at an average fee of $2.50 per withdrawal, they would spend $180 in ATM fees in 12 months.4. Monthly Maintenance Fee waived in months where the average monthly balance is at least $500.00.  An account will not be overdrawn by the Monthly Maintenance Fee. An account with a balance of less than $10.00 will be assessed the amount available, reducing the balance to zero.