Union Bank & Trust (SBA lending)
At a Glance
Nebraska in one row: a fifth of the state's book at one Preferred Lender that also bothers to explain the program with real figures. In its footprint, start here beside the national names and bring the article's own numbers to the first call.
- Pricing
- Custom Pricing, Loan products; no fee to engage. The product page quantifies nothing, but its own learning-center article states what most desks hide. It names the 7(a) as usable for acquiring an existing business, down payments as low as 10%, and terms to 25 years on real estate and 10 on equipment. The maximums are $5 million standard, $350,000 small-loan and $500,000 Express. The FOIA loan file places it first in Nebraska's change-of-ownership top five with 51 loans across the file's six years, over a fifth of the state's 243, in a state whose median acquisition loan is $375,000.
- Best For
- Buyers in Nebraska and its Kansas and Colorado footprint who want the state's deepest acquisition book, including at deal sizes the national names' averages run past
- Track Record
- First in Nebraska with 51 of the state's 243 change-of-ownership loans across the file's six years, in one of the file's smallest state markets by median loan.
- Type
- Bank (lends directly)
- Footprint
- Locations across Nebraska and parts of Kansas and Colorado; no stated lending area beyond them. It lends beyond the states it names, so one it does not name is worth asking about rather than ruling out.
- Approval Authority
- Says it holds SBA Preferred Lender status, so it can approve the loan itself rather than sending the file to the agency for a second look.
- The product page carries it now, as the reason the process goes smoothly; until September 2026 only a page whose address named neither the program nor the word loan did, while the three articles naming the program discussed the status in the abstract. Its product pages still name no acquisition use; the only acquisition language on the site is the agency's own list, quoted in a learning article.
- Deal Size
- $500k to $5M.
- Publishes no floor. Most of this shelf gives a ceiling that is really the agency's own cap, and no minimum at all.
- Silent, and its own FAQ answers the question by refusing it: asked what the minimum is, the page says the minimum varies by product.
- Searcher Practice
- A general SBA lending desk, branch-driven.
- Published Terms
- Every figure it publishes is the program's own: 10% down, 25 years on real estate, the 7(a) maximums, all in a learning-center article. The product page quantifies nothing.
- Roadmap Stages
- 3. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- First in Nebraska's change-of-ownership top five in the FOIA loan file, with over a fifth of the state's whole six-year book
- A Preferred SBA Lender by its own page, making in-house credit decisions rather than routing files to an SBA office
- Its own article names acquisition as a 7(a) use and states the figures most pages hide, down payments as low as 10% and the program maximums
- Nebraska's median acquisition loan runs $375,000 in the FOIA loan file, and this is the deepest desk in exactly that smaller-deal market
Cons
- The product page itself quantifies nothing; the figures live in a learning-center article, educational copy rather than a commitment
- Locations in Nebraska and parts of Kansas and Colorado, with no stated lending area beyond them
- No Searchfunder or Reddit thread discusses the lender, so there is no practitioner account of how it handles a search-fund file
- A generalist small-business desk rather than a dedicated acquisition team; the article is the depth of its published acquisition thinking
What Searchers Say
The Preferred Lender status, in-house credit decisions, and the Nebraska, Kansas, and Colorado locations are its own pages'; the acquisition use, the 10% floor, and the program maximums are its own learning-center article's, under a named author. The FOIA loan file independently places it first in Nebraska with 51 of the state's 243 change-of-ownership loans across the file's six years.
How to Approach
Union Bank & Trust (SBA lending) is a bank, so this is how that kind of lender comes in, what it weighs, and how to arrive ready.
The Typical Arc
- A prequalification on you and the target, often from the first email.
- A full application and the bank's own underwrite of the deal.
- A term sheet, then closing on the SBA's timeline, commonly two to four months.
What It Weighs
- Whether the business's cash flow covers the debt with room to spare.
- Your experience relative to the business you are buying.
- Your equity injection and how clean the financials are.
How to Prepare
- Model the payment and coverage before you call. SBA Acquisition Calculator
- Underwrite the specific deal end to end. Underwrite a Deal
- Show where every dollar comes from and goes. Sources & Uses Builder