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SBA Loan Credit Score Requirements: Minimum Required Score By Loan Type

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Chris Motola

Chris Motola

Finance Writer at Merchant Maverick
Chris Motola is a writer, programmer, game designer, and product of NY. These days he's mostly writing about financial products, but in a past life he wrote about health care and business. He's a graduate of the University of Central Florida.

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6 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Vincent J. Amoia

    I have a client who was denied by the sba for an EIDL loan based on his credit score?

      Jessica Dinsmore

      Hi Vincent,

      My sincere apologies for the delayed reply. There has been no official credit score minimum requirement mentioned in any of the rules, though “acceptable credit history” is required. That’s pretty vague! This post has a helpful breakdown of typical SBA loan criteria to give you an idea, but again, there is no documented credit score requirement.

        Edna J McDaniel

        Small Business seller on Amazon and EBay for more than 8 years. Have not had any sales since early 2020 due to the Pandemic. I would like to expand my business line but currently do not have available funds. Thanks.

          Jessica Dinsmore

          Hi Edna,

          Do you have questions about your credit score as it relates to SBA loans? I’m not totally sure what you are asking, but if you’re interested in applying for the PPP or EIDL programs, they may be able to help you in terms of funding. You may also qualify for Pandemic Unemployment Assistance. I hope that is helpful to you, but if you have a more specific question, please feel free to respond here. Thanks!

            Iddi Amadu

            Would to what does your company do

              Jessica Dinsmore

              Hi Iddi,

              Check out our About Us page to learn more about what Merchant Maverick does to help small businesses.

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