FinWise Bank
FinWise Bank is an active SBA lender in Utah, a bank offering SBA-guaranteed small-business loans. Currently rated 3.1 stars across 105 Google reviews.
$1.1B
in SBA approvals since 2014
1,041
SBA loans funded
Wholesale & Distribution · General Retail · Legal Services
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About FinWise Bank
FinWise Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, the bank provides various SBA loan programs, including the popular 7(a) loan program, to help entrepreneurs access capital with favorable terms. Their team specializes in guiding clients through the loan application process, ensuring quick and efficient approval times. Located in Sandy, Utah, they serve a broad range of industries, emphasizing personalized service and flexible lending options to meet diverse business needs. Whether you're looking for working capital, equipment financing, or real estate loans, FinWise Bank is equipped to support your business goals with competitive rates and dedicated support. Their experienced staff works closely with clients to understand their unique requirements and provide tailored financial solutions. The bank's commitment to small business success is reflected in their proactive approach and extensive industry knowledge, making them a trusted partner for entrepreneurs across the region.
Serves SBA borrowers in 23 states
FinWise Bank has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries FinWise Bank finances
Business types FinWise Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about FinWise Bank
What is this place and what can I find here?
This is a financial institution offering SBA loan programs and small business financing solutions to entrepreneurs and business owners seeking growth capital.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated depending on availability.
What are the hours of operation?
FinWise Bank operates Monday through Friday, 9:00 AM to 5:00 PM. Confirm current hours with the bank directly.
Is there a fee to use this?
There are no fees for accessing information; however, loan processing may involve standard origination and closing costs.
Who is this open to — anyone, or only residents/members?
This service is open to small business owners and entrepreneurs meeting the eligibility criteria for SBA loans.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 650 is generally required.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of the application and documentation.
Is this open on weekends?
FinWise Bank is closed on weekends. Saturday and Sunday hours are not available.
How do I get there and where do I park?
FinWise Bank is located in Utah — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for FinWise Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by FinWise Bank itself, which runs its own lending under its own ownership. If you work at FinWise Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for FinWise Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with FinWise Bank before applying. If you represent FinWise Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach FinWise Bank by phone at (801) 545-6000 or online at finwise.bank — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with FinWise Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, FinWise Bank most often finances businesses in legal services, wholesale & distribution, general retail, e-commerce & online retail, construction & contractors, and medical practices & clinics. This reflects FinWise Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with FinWise Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether FinWise Bank participates in SBA Express depends on its specific SBA lending authority. Contact FinWise Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. FinWise Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. FinWise Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask FinWise Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask FinWise Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask FinWise Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with FinWise Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. FinWise Bank weighs this case by case under its own policy, so be upfront about your history and ask FinWise Bank how it evaluates prior bankruptcies.
