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Grasshopper Bank National Association (NY)

Grasshopper Bank National Association (NY)

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Change of Ownership

Existing or more than 2 years old

Fixed Rates

Loan Funds will Open Business

New Business or 2 years or less

# Preferred Lenders Program

# Startup

# Variable Rates

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SBA Loan Approvals as of Fiscal Year End 2025 201

SBA Loans Total Approval Amount as of Fiscal Year End 2025 $101,182,800

Average SBA Loan Size as of Fiscal Year End 2025 $503,397

Average SBA Loan Rate over Prime (Prime is 6.75%) 3.19

Unlock Your Financial Potential with Grasshopper Bank, National Association (NY)

Grasshopper Bank, headquartered in New York City, is a digital-first business bank built to serve modern entrepreneurs, startups, and small businesses across the United States. As an experienced SBA lender and technology-driven financial institution, Grasshopper combines innovative online banking with personalized service — helping business owners access the funding and financial tools they need to grow.

Key Features of Grasshopper Bank

Digital Business Banking: 100% online business checking and savings accounts with no monthly fees, built-in invoicing, payment tools, and seamless accounting integrations.
SBA Loan Programs: Grasshopper Bank participates in SBA 7(a) and 504 loan programs, offering flexible, government-backed financing for working capital, real estate, equipment, and business expansion.
Nationwide Lending: As a digital bank, Grasshopper serves clients across all 50 states — combining national reach with specialized SBA lending expertise.
Tailored Commercial Solutions: In addition to SBA loans, the bank provides venture-backed startup banking, fintech partnerships, and business lines of credit tailored to high-growth companies.
Commitment to Innovation and Inclusion: Grasshopper Bank actively supports women-owned, minority-owned, and early-stage businesses, fostering inclusive entrepreneurship through accessible capital and digital tools.

Why Choose Grasshopper Bank for SBA Loans?

Grasshopper Bank redefines small business banking through speed, simplicity, and technology. Its SBA lending specialists use digital processes to streamline approvals, reduce paperwork, and fund loans faster than traditional banks. Whether you’re a startup seeking working capital or an established business ready to expand, Grasshopper offers modern financial solutions backed by trusted SBA programs.

How to Get Started

Ready to finance your next big idea with an SBA loan or digital business solution? Visit the Grasshopper Bank SBA Lending page to explore available programs, review eligibility, and connect with an SBA lending expert.

Empower your financial future today with Grasshopper Bank — where technology meets trust for the modern entrepreneur.

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Average SBA Loan Rate over Prime (Prime is 6.75%) 2.95

Existing or more than 2 years old

New Business or 2 years or less

Preferred Lenders Program