# SmartBiz Bank Review

> SmartBiz Bank, N.A. streamlines the SBA 7(a) loan process, directly originating SBA loans and matching qualified business owners with funding from a network of partner banks. It also offers conventional bank term loans and lines of credit for borrowers who don't fit SBA criteria or want faster funding, all from a single application.

## Key takeaways
- SmartBiz Bank specializes in SBA 7(a) loans and both originates them directly and matches borrowers with partner banks from one application.
- It also offers non-SBA bank term loans and lines of credit for borrowers who don't qualify for SBA financing or want faster funding.
- It best fits established, well-qualified businesses willing to trade speed for the lower cost and longer terms of an SBA loan, which can take weeks to months to fund.

## SmartBiz at a glance

SmartBiz has operated a digital SBA loan platform since 2013, helping business
owners navigate the SBA 7(a) process with less friction. In 2025 it became a
chartered bank — **SmartBiz Bank, N.A.** — after acquiring Centrust Bank, N.A.,
adding direct SBA origination to its long-running marketplace. Today it pairs
qualified applicants with funding from SmartBiz Bank itself and from a
**network of partner banks**. For borrowers who don't fit SBA criteria, it also
offers conventional bank term loans and lines of credit through that network.

### What SmartBiz offers

- **SBA 7(a) loans** — government-guaranteed loans with long repayment terms and
  competitive, SBA-capped rates, used for working capital, debt refinancing, and
  real estate. Because they're guaranteed by the SBA, they require more
  paperwork and longer timelines than online loans.
- **Bank term loans (non-SBA)** — fixed-rate term loans for borrowers who don't
  qualify for SBA or want faster funding.
- **Business lines of credit** — revolving funds for shorter-term, flexible
  cash-flow needs.

### Who it's best for

SmartBiz fits **established, well-qualified businesses** that want the lower cost
and longer terms of an SBA 7(a) loan and are willing to trade speed for value.
Owners who don't quite qualify for SBA financing may still be matched with a
bank term loan or line of credit. It's less suited to brand-new businesses or
anyone who needs cash within a day or two.

### How to decide

SBA loans reward patience with strong terms, but the application is more
involved and rates and fees vary by lender and loan size — and can change — so
confirm current numbers before committing. If speed matters more than cost, a
bank term loan or another working-capital product may fit better. The simplest
way to compare is to apply once through Hoss Capital, and we'll match you with
SmartBiz and comparable lenders so you can weigh real offers side by side.

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Canonical: https://hoss-capital.pages.dev/lenders/smartbiz/

Sources:
- https://smartbizbank.com
- https://smartbizbank.com/bank-term-loans
- https://smartbizbank.com/faq
- https://smartbizbank.com/newsroom/smartbiz-acquires-centrust