Question 1

How does the SBA loan comparison tool work?

Accepted Answer

Enter your lender, loan amount, industry, state, and current interest rate. The tool compares your rate to the median spread for similar loans in your segment using real SBA lending data. You'll see where you stand relative to similar borrowers.

Question 2

What data does this tool use?

Accepted Answer

LenderHawk uses real SBA lending data covering over 1,000,000+ loans across 2,500+ lenders. The data includes approval dates, loan amounts, interest rates, and geographic and industry breakdowns.

Question 3

Is this tool free?

Accepted Answer

The rate comparison and benchmark results are completely free. To see detailed comparable loans with specific company data, you'll need to verify your email and leave a lender review.

Compare Your SBA Loan