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Missouri Small Business Loans

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Loan Overview

Loan Amount Up to $500,000
Estimated Repayment Terms 1-5 Years
Interest Rate Starting at 7%
Speed of Funding As fast as 1 day
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With so many loan options out there, what type of financing should you seek when you’re in need of capital? Whether you run a restaurant in St. Louis, a fishing charter in the Ozarks or some other small business, we’ve got you covered. 

Here are several top lenders for Missouri small business loans as well as resources you can turn to for support along the way.

Small Business Landscape in Missouri

Missouri is home to more than 530,000 small businesses, which employ some 1.2 million workers, according to the Small Business Administration (SBA). 

Popular industries in the state include the following:

  • Chemicals
  • Aerospace
  • Electrical equipment
  • Food processing
  • Printing and publishing
  • Science and biotechnology

If you operate a business in this industry or any another, here are a few lenders and loans you can consider.

5 Banks for Business Loans in Missouri

1. Central Bank

If you’re in search of an SBA Missouri lender, consider Central Bank, which has been named No. 4 on Forbes’ America’s Best Banks list. Additionally, the Better Business Bureau (BBB) has awarded a number of Central Bank branches its A+ rating, its highest rating for businesses.

In addition to SBA loans, you’ll find the following financing options here:

  • Equipment loans
  • Business line of credit
  • Business credit cards
  • Commercial lending
  • Business real estate loans

2. Midland States Bank

This financial institution has a 5-star rating on WalletHub from nearly 700 reviewers. It also has earned a spot on the site’s 2021 Best Bank in Missouri list. Additionally, reviewers on SmartAsset have awarded the bank a 4.4-star rating.

In addition to being a Missouri SBA lender, Midland States Bank is a provider of the following:

  • Agribusiness loans
  • Business term loans
  • Business lines of credit
  • Commercial real estate loans
  • Equipment loans and leases

3. Mid-Missouri Bank

In operation for more than 150 years, Mid-Missouri Bank has earned a 5-star rating on WalletHub from more than 200 reviewers. It’s also earned the BBB’s A+ rating.

Missouri business loans available here include these:

  • SBA loans
  • Agricultural loans
  • Equipment loans
  • Working capital loans
  • Floor plan line of credit
  • Commercial real estate loans

4. Commerce Bank

Commerce Bank was named No. 38 on Forbes’ America’s Best Banks list. What’s more, many branches  throughout the state have earned the BBB’s A+ rating. 

Business financing options include term loans, lines of credit and real estate loans. Additionally, Missouri SBA loans available here include the following:

5. Belgrade State Bank 

This bank, which has been open for more than a century, has earned a 5-star rating from more than 70 WalletHub reviewers. It’s also been awarded the BBB’s A+ rating.

SBA Missouri loans are available here as well as these financing types:

  • Agricultural loans
  • Equipment loans
  • Business lines of credit
  • Commercial real estate loans

Alternative Financing Options in Missouri

While banks are often thought of as the first place to go for a business loan, the truth is there are other options available. 

These days, online nonbank lenders are offering greater access to small business owners in need of capital. They tout streamlined application processes and fast approval times for short-term loans and alternative financing options, such as merchant cash advances or accounts receivable financing

In exchange, financing agreements typically call for higher interest rates, shorter repayment terms and more frequent payment installments than seen with most conventional lenders.

  • Applying for Business Funding in Missouri Through Fast Capital 360

    Whether you’re interested in an SBA loan or a merchant cash advance in Missouri, we can help. 

    Our standout features: 


    Start your search by completing a simple application. It takes just a few minutes to apply, and if approved, you could receive funding as fast as the same day. 

    Multiple Offers

    Because we work with various lending partners, you could benefit from several financing offers. 

    Expert Guidance

    Connect with one of our Business Advisors to review the details of your funding offers. Choose the one that’s best for you. 

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Additional Resources for Missouri Entrepreneurs

Be sure to check out the following organizations in the state for help throughout your entrepreneurial journey, whether you’re in search of Missouri small business loans, grants or professional growth opportunities.


Since the 1960s, SCORE has been dedicated to the success of small business owners throughout the U.S. The nonprofit organization offers free training opportunities, business advising sessions, webinars, online resources and more. 

Missouri locations are available in these cities: 

  • Kansas City
  • Camdenton
  • Jefferson City
  • Columbia
  • Lebanon
  • Springfield
  • Joplin
  • St. Louis
  • Branson
  • St. Charles
  • Florissant

MO SourceLink

MO SourceLink has more than 500 resource partners and hosts more than 50 monthly events for entrepreneurs. Sign up for the organization’s newsletter, take part in a virtual class or search the blog for helpful content. 

Example topics include:

  • Ecommerce
  • Business planning
  • Crowdfunding
  • Financial planning 
  • Product licensing

Missouri Technology Corporation’s Innovation Center Program

This Missouri program partners with universities throughout the state to support startups in technology industries. Entrepreneurs can seek support in the form of business counseling, financial assistance and business development. 

Centers are available in the following cities: 

  • Cape Girardeau
  • Columbia
  • Joplin
  • Kansas City
  • Kirksville
  • Rolla
  • Springfield
  • St. Joseph
  • St. Louis

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