Celtic Bank
A nationwide leader in small business lending.
Overview
Celtic Bank is a nationwide lender headquartered in Salt Lake City, Utah. As an industrial bank, it focuses on business financing rather than consumer retail banking. It is consistently ranked in the top ten most active SBA lenders in the country and is an SBA Preferred Lender. Celtic Bank partners with other financial institutions and platforms in addition to lending directly.
✨ Key Features
- Top 10 SBA 7(a) lender
- SBA Preferred Financial Services Company
- Nationwide lending footprint
- Specializes in SBA 7(a), 504, and Express loans
- Also provides asset-based lending and construction financing
🎯 Key Differentiators
- Consistently a top-ten SBA lender
- Industrial bank structure allows for a singular focus on business lending
- SBA Preferred status for faster processing
- Broad expertise across different types of commercial finance
Unique Value: Offers the focused expertise of a top-tier, nationwide SBA lender without the bureaucracy of a large, traditional retail bank.
🎯 Use Cases (4)
✅ Best For
- SBA 7(a) loans
- SBA 504 loans
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses seeking a full suite of retail banking products (checking, credit cards, etc.)
- Companies looking for in-person branch banking
🏆 Alternatives
Unlike large commercial banks, Celtic Bank's primary focus is on small business lending, which can lead to a more streamlined and knowledgeable process for borrowers.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
🔒 Compliance & Security
💰 Pricing
Free tier: Loan products have standard SBA interest rates and fees.
🔄 Similar Tools in SBA Loan Platforms
Lendio
An online marketplace connecting small business owners with a network of over 75 lenders to find the...
SmartBiz
An online platform that simplifies the SBA and bank loan application process for small businesses....
Live Oak Bank
A direct, digital-first bank and one of the largest originators of SBA 7(a) loans by dollar volume i...
Newtek Bank
A direct non-bank lender that is consistently one of the top SBA 7(a) loan originators by volume....
Readycap Lending
A non-bank, SBA Preferred Lender that ranks among the top originators of SBA 7(a) loans....
Huntington National Bank
A major regional bank that is consistently the #1 originator of SBA 7(a) loans by number of loans ap...