This guide emerges from our dedicated research into the small business lending landscape in Hawaii, built on reliable data. We've organized these lenders by the total amount of small business loans they've issued over this year.
In essence, this list showcases the banks and lending entities that are genuinely making the most significant impact in offering loan assistance to small businesses across the state.
(Our approach distinguishes us from many other platforms, which primarily discuss non-profit entities that do not frequently lend or government programs that are not widely available to most businesses!)
Takeaway: Large, national banks do most of the small business lending in Hawaii.
Methodology: Our findings are rooted in SBA 7a loan figures, ensuring every lender we mention is an SBA loan provider. We've also included a rundown of additional small business financing they advertise on their web pages.
Traditional banking criteria often involve robust credit scores and a business track record of at least two years. Therefore, we've tailored our list to begin with two financial pathways for small business entrepreneurs facing credit challenges and those relatively new to the business world.