Stock Yards Bank & Trust Company logo

Stock Yards Bank & Trust Company

SBA Preferred Lender bank in KY, IN and OH: SBA 7(a) loans to $5M and Express to $500K, 7.5% median starting rate; weeks to close. Best for established local firms.

SBA & Government-Backed Loans:
SBA 7(a) LoansSBA Express Loans
Tags:
#Working Capital#Secured#Buying A Business

Rates & Cost

What the financing costs, normalized so lenders can be compared.

Estimated APR:
~8.02% APR on a $350K 10-yr SBA 7(a) (Lender List est., 7.5% median rate + 3% guaranty fee; ~12.06% at the 11.5% cap); SBA variable-rate caps at 7% Prime: 10% to 13.5% depending on loan size
Pricing (as quoted by lender):
No rates published; SBA 7(a) FOIA data (as of Jun 30, 2026): 7.5% median starting rate last 12 months; 7.25% median FY2020 to present
Cost to borrow $100K for 6 months:
≈$5,397 (6 months' interest at 7.5% on a 10-yr SBA 7(a), $3,697, plus $1,700 SBA guaranty fee; bank fees not published)
Fees:
SBA guaranty fee (3% of guaranteed portion on $150,001 to $700,000; 2% at $150,000 or less); bank fees not published
Early payoff:
Allowed; no prepayment penalty on terms under 15 years (bank-stated); SBA fee on 15+-year terms when ≥25% is prepaid in years 1 to 3 (5%/3%/1%)
Pricing transparency (0-3):
0

Repayment Terms

How and how fast you pay it back, and how flexible it is.

Term:
10 to 25 years depending on use (bank-stated); 120-month median term (SBA data)
Repayment schedule:
Monthly amortizing payments, no balloon (bank-stated); 67.1% of loans variable, tied to Prime
Flexibility in slow months:
Low — fixed monthly amortizing payments (variable loans move with Prime); long terms keep them small

Eligibility & Access

Who qualifies and what you have to put on the line.

Funding amount:
SBA 7(a) up to $5 million and SBA Express up to $500,000 (bank-stated); SBA data FY2020 to June 2026: $10,500 to $5 million, median $300,000 (SBA 7(a) FOIA data as of Jun 30, 2026)
Minimum revenue:
Lender does not publish; must meet SBA size standards
Minimum time in business:
Lender does not publish; 10% equity injection for startups and acquisitions (SBA rule)
Credit check:
Lender does not publish a minimum score or pull type
Personal guarantee:
Required from owners of 20% or more (SBA rule)
Collateral & lien:
Secured — collateral taken as available under SBA rules; down payment percentage not published

Speed & Service

How fast you get funded and how the lender treats you.

Time to funding:
Lender does not publish; SBA 7(a) typically 30 to 90 days application to funding (Preferred Lender approves and closes most SBA loans in-house)
Lender status:
Active (59 SBA 7(a) approvals in the 12 months to Jun 30, 2026)

Company Verification

Who actually stands behind the lender: legal entity, registration, and how long the business and its website have existed. Checked against public registries.

Legal entity:
Stock Yards Bank & Trust Company
Registered in:
Kentucky (FDIC cert #258)
Company formed:
Chartered 1904
Website domain registered:
Sep 1995
Share on:

Best for: Kentucky, Southern Indiana and Cincinnati-area businesses seeking an SBA 7(a) or Express loan from a local Preferred Lender.

Not for: Borrowers outside Kentucky, Indiana and Ohio, or anyone who wants posted rates before talking to a banker.

Lender List verdict: Stock Yards Bank & Trust is a 122-year-old Louisville bank that made 59 SBA 7(a) loans ($36.4 million) in the year to June 30, 2026, at a low 7.5% median rate. It approves in-house but posts no rates or fees.

Stock Yards Bank & Trust at a glance

Stock Yards Bank & Trust
Lender typeFDIC-insured bank (cert 258); SBA Preferred Lender
HQLouisville, Kentucky (parent Stock Yards Bancorp, NASDAQ: SYBT)
ProductsSBA 7(a), SBA Express
Amounts$10,500 to $5 million (SBA data); Express up to $500,000
Cost7.5% median starting rate (last 12 months)
StatusActive; latest approval June 18, 2026

What is Stock Yards Bank & Trust?

Stock Yards Bank & Trust, a Louisville bank founded in 1904, held $10.4 billion in assets across 87 offices at June 30, 2026, per FDIC data.

How Stock Yards Bank's SBA loans work

Stock Yards Bank makes SBA 7(a) loans up to $5 million and SBA Express loans up to $500,000 as an SBA Preferred Lender. It approved 74 7(a) loans in FY2025, averaging about $617,000 over the last 12 months; just over half since FY2020 were Express. It does not advertise SBA 504.

  • Terms: 10 to 25 years by use; no balloon payments
  • Uses: expansion, real estate, equipment, working capital (Express lines too), buyouts, refinancing

Stock Yards Bank SBA rates and fees

Stock Yards Bank's SBA 7(a) loans had a 7.5% median starting rate in the year to June 30, 2026. SBA rules cap variable rates at Prime (7.00% today) plus 4.5% for $250,001 to $350,000 loans, plus 3.0% above.

Worked example: a $350,000, 10-year loan at 7.5% costs $4,154.56 a month, or $498,547.43 in total, $148,547.43 of it interest. The 3% SBA guaranty fee on the 75% guaranteed share adds $7,875 (about 8.02% APR). At the 11.5% cap, payments run $4,920.84 (about 12.06% APR).

Stock Yards Bank requirements

Stock Yards Bank publishes no credit-score minimum.

RequirementStock Yards Bank minimum
Personal credit scoreLender does not publish
SizeMust meet SBA size standards
Equity injection10% for startups and business purchases (SBA rule)
GuaranteePersonal guarantee from 20%+ owners
Time to closeLender does not publish; SBA 7(a) loans often take 30 to 90 days

Compare Illinois Preferred Lenders Busey Bank and Byline Bank, national lender Newtek Bank, or all SBA 7(a) loans.

Frequently asked questions about Stock Yards Bank & Trust

Is Stock Yards Bank & Trust Legit? Yes. Stock Yards Bank & Trust is an FDIC-insured bank (cert 258) operating since 1904, owned by Nasdaq-listed Stock Yards Bancorp, and a certified SBA Preferred Lender. About 1.1% of its 368 SBA 7(a) loans since FY2020 were charged off.

Where Is Stock Yards Bank Located? Stock Yards Bank is based in Louisville, Kentucky, with 87 offices at June 30, 2026, spread across Kentucky, Indianapolis and Southern Indiana, and Greater Cincinnati. Nearly all of its SBA 7(a) lending since FY2020 stayed in Kentucky, Indiana and Ohio.

How Long Does Stock Yards Bank Take to Close an SBA Loan? Plan on 30 to 90 days from application to funding; the bank does not publish its own timeline. As a Preferred Lender it approves and closes most SBA loans without a separate SBA review, and Express loans need fewer forms.

Does Stock Yards Bank Lend to Startups? The bank does not advertise startup loans, but SBA loans can finance a business purchase or partner buyout. SBA rules require startups and buyers to inject at least 10% equity. Its SBA loans have ranged from $10,500 to $5 million, with a $300,000 median.

Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.

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