FinWise Bank

UT

SBA-approved lender offering 7 loan programs across 29 industries.

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Key Metrics

Interest Rate

9.33%

2.58% over prime

Average Loan

$1.1M

Per approval

Total Approvals

89

FY 2025

Loan Programs (7)

7a General
Change of Ownership
Existing or more than 2 years old
International Trade Loans
New Business or 2 years or less
Fixed Rates
Preferred Lenders Program

Industries Served (29)

Advertising AgenciesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsAll Other Traveler AccommodationAmbulance ServicesAutomotive Body, Paint, and Interior Repair and MaintenanceDrugs and Druggists' Sundries Merchant WholesalersEducational Support ServicesElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersElectrical and Electronic Appliance, Television, and Radio Set MerchantsEmployment Placement AgenciesGeneral Line Grocery Merchant WholesalersGeneral Warehousing and StorageGraphic Design ServicesHome Health Care ServicesInsurance Agencies and BrokeragesJewelry, Watch, Precious Stone, and Precious Metal Merchant WholesalerMedical, Dental, and Hospital Equipment and Supplies Merchant WholesalersOffice Administrative ServicesOffices of All Other Miscellaneous Health PractitionersOffices of Certified Public AccountantsOther Accounting ServicesOther Building Finishing ContractorsOther Management Consulting ServicesOther Miscellaneous Durable Goods Merchant WholesalersOther Personal and Household Goods Repair and MaintenancePassenger Car RentalPayroll ServicesScheduled Passenger Air Transportation

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.58%
Effective Rate
9.33%
Fiscal Year
2025
States Served
UT

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