LendingClub Bank, National Association

This is a bank that offers SBA loan programs to small businesses, providing funding options for growth, expansion, and working capital needs. You can find information on loan eligibility, application procedures, and support services tailored for small business owners.

It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-in consultations may be available during business hours. Contact the bank in advance to confirm availability and set up a meeting.

LendingClub's business lending team is available Monday–Friday from 10 am–7 pm ET, with extended hours 7 days a week, 8 am–8 pm local time. Confirm current hours with LendingClub directly.

There are no fees for accessing general information; however, specific loan applications and processing may involve fees, which will be disclosed during the application process.

This service is open to small business owners nationwide, regardless of residency, as long as they meet the eligibility criteria for SBA loans.

Typically, a minimum personal credit score of 640 or higher is preferred, though other factors are also considered in the approval process.

The underwriting process generally takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Yes. LendingClub offers extended weekend support hours: 7 days a week, 8 am–8 pm local time for business lending inquiries. Contact them to confirm current weekend availability.

LendingClub Bank has no physical branch locations—it operates as a digital-only bank. There is no physical address or parking to navigate.

This page is an independent directory listing for LendingClub Bank, National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by LendingClub Bank, National Association itself, which runs its own lending under its own ownership. If you work at LendingClub Bank, National Association, you can claim this listing from this page to manage it.

The core details for LendingClub Bank, National Association — 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 LendingClub Bank, National Association before applying. If you represent LendingClub Bank, National Association, claim this listing to keep its information up to date.

For business loans, call LendingClub at (877) 525-1555, available Monday–Friday 10 am–7 pm ET (extended: 7 days, 8 am–8 pm local time). Support available in English and Spanish. Confirm directly.

Based on its approved SBA loans, LendingClub Bank, National Association most often finances businesses in restaurants & food service, fitness & recreation, general retail, salons, spas & personal care, manufacturing, and medical practices & clinics. This reflects LendingClub Bank, National Association'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 LendingClub Bank, National Association which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether LendingClub Bank, National Association participates in SBA Express depends on its specific SBA lending authority. Contact LendingClub Bank, National Association and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. LendingClub Bank, National Association can confirm its current PLP standing — ask before you apply if speed matters to you.

Start-up companies are not eligible. LendingClub's business lending partner (Accion Opportunity Fund) requires at least 12 months in business and $50,000+ in annual sales. Confirm eligibility requirements with LendingClub.

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 LendingClub Bank, National Association what down payment it expects for your specific commercial real estate purchase.

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 LendingClub Bank, National Association to spell out any prepayment penalties before you sign.

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 LendingClub Bank, National Association to confirm it qualifies and how to document it.

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. LendingClub Bank, National Association weighs this case by case under its own policy, so be upfront about your history and ask LendingClub Bank, National Association how it evaluates prior bankruptcies.