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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in Connecticut

Over the last five years 1,404 SBA loans in Connecticut went to businesses under two years old, 31% of every approval in the state (1 points below the national rate). 602 of them were loans that opened the business in the first place.

Loans to new businesses
1,404
last 5 years
Lenders that said yes
101
active in Connecticut
Median approval
$150K
$35K – $412K typical
Typical term
12 yr
94% were 7(a)

The 15 most active startup lenders in Connecticut

Every lender here has approved loans for businesses under two years old in Connecticut. The percentage is how much of their Connecticut lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Buffalo, NY
New-business loans
253
Share of their CT lending
31%
Typical loan
$121K
Last approval
Mar 2026
2
Wilmington, DE
New-business loans
161
Share of their CT lending
34%
Typical loan
$134K
Last approval
Mar 2026
3
Waterbury, CT
New-business loans
133
Share of their CT lending
23%
Typical loan
$342K
Last approval
Mar 2026
4
Cleveland, OH
New-business loans
118
Share of their CT lending
66%
Typical loan
$161K
Last approval
Mar 2026
5
Middletown, CT
New-business loans
83
Share of their CT lending
40%
Typical loan
$223K
Last approval
Mar 2026
6
Columbus, OH
New-business loans
78
Share of their CT lending
72%
Typical loan
$324K
Last approval
Feb 2026
7
Miami, FL
New-business loans
42
Share of their CT lending
25%
Typical loan
$493K
Last approval
Mar 2026
8
Wakefield, MA
New-business loans
39
Share of their CT lending
19%
Typical loan
$984K
Last approval
Mar 2026
9
Sioux Falls, SD
New-business loans
37
Share of their CT lending
84%
Typical loan
$238K
Last approval
Sep 2025
10
De Graff, OH
New-business loans
32
Share of their CT lending
84%
Typical loan
$282K
Last approval
Mar 2026
11
Hamden, CT
New-business loans
30
Share of their CT lending
16%
Typical loan
$738K
Last approval
Mar 2026
12
Wilmington, NC
New-business loans
28
Share of their CT lending
24%
Typical loan
$1.4M
Last approval
Mar 2026
13
Berkeley Heights, NJ
New-business loans
24
Share of their CT lending
25%
Typical loan
$464K
Last approval
Feb 2026
14
Danbury, CT
New-business loans
19
Share of their CT lending
29%
Typical loan
$419K
Last approval
Mar 2026
15
Brookline, MA
New-business loans
19
Share of their CT lending
27%
Typical loan
$1.1M
Last approval
Mar 2026
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.