United Midwest Savings Bank (SBA lending)
At a Glance
The vertical-desk structure is the draw: a buyer of a dental, veterinary, insurance, accounting, or funeral business gets a lender whose desk does that deal all day, which is worth more than a rate sheet nobody publishes anyway.
- Pricing
- Custom Pricing, Loan products; no fee to engage. The bank splits its program at $150,000, with a streamlined small-loan track below and the commercial SBA team above. Our FOIA computation shows 90 change-of-ownership 7(a) loans totaling $82.5M in FY2025, averaging near $916k at an 8.29% average initial rate, and 553 such loans across the file's six years.
- Best For
- Practice acquisitions in its named verticals, where the desk that answers has seen your kind of deal before, and smaller acquisitions that fit the streamlined under-$150k track
- In the Federal File
- 90 change-of-ownership loans in FY2025, 10th most in the country, averaging $916k each, at an average initial rate of 8.29%. Computed from the SBA's own loan-level data, not from anything the lender publishes.
- Type
- Bank (lends directly)
- Footprint
- Ohio-based, lending through nationwide industry desks for medical, dental, veterinary, optometry, insurance, accounting, funeral, and hospitality deals. It publishes a region rather than a state list, so ask on the first call whether it lends where you are buying.
- Deal Size
- $500k to $5M.
- Searcher Practice
- A general SBA lending desk, handled remotely.
- Published Terms
- A streamlined track under $150k, and the commercial SBA team above it.
- Roadmap Stages
- 2. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- Industry desks with named lenders for the practice trades a searcher actually shortlists: dental, veterinary, optometry, insurance, accounting, funeral
- Calls its accounting team a nationwide leader in financing accounting and tax firm acquisitions, on its own page
- One of the twenty most active acquisition lenders in our FOIA file, with 553 change-of-ownership loans across six years
- A streamlined program under $150k for the small deals bigger desks skip
Cons
- Publishes no rates and no state list; the nationwide claim is per-vertical rather than blanket
- Average acquisition loan near $916k in our file, so the very largest deals may be better shopped to the $5M-ceiling specialists
- Little searcher-community commentary to weigh against its own claims
What Searchers Say
The vertical claims are the bank's own; our FOIA computation independently confirms the volume. Its loans lead six states' top-fives in our file, consistent with a nationwide book built through industry channels rather than branches.
How to Approach
United Midwest Savings Bank (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
Put It to Work
Lender Match puts this lender beside the others, filtered by your deal.