Access the Top SBA Lending for Delaware Small Business
Delaware State offers a location and business friendly atmosphere that fosters success for enterprises. With Wilmington city and picturesque Rehoboth Beach among its attractions entrepreneurs have pathways for advancement and prosperity. Through access to top tier SBA lending initiatives Delawares small businesses can leverage resources to drive their innovation and expansion efforts.
Delaware
The First State
98,356 small businesses
205,354 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Delaware
Between March 2021 and March 2022, 4,573 Delaware establishments opened and 3,268 closed, for a net increase of 1,305. Employment expanded at 6,594 establishments and contracted at 5,200. Small businesses accounted for 4,358 openings and for 3,099 closings.
Establishments in Delaware
Employment in Delaware
Between March 2021 and March 2022, 4,573 Delaware establishments opened and 3,268 closed, for a net increase of 1,305. Employment expanded at 6,594 establishments and contracted at 5,200. Small businesses accounted for 4,358 openings and for 3,099 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Delaware
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $301.6 million in loans to Delaware businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $367.8 million. Total reported new lending to businesses through loans of $1 million or less was $1.1 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Delaware's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Delaware
Business Count by Demographic in Delaware
Total Delaware Employement by Business Size
Small Business Employment and Payroll by Industry in Delaware
Source: Business Employment Dynamics (BLS)