Glossary
Preferred Lender Program
SBA authority allowing a lender to make the credit decision itself without agency review.
PLP lenders do not wait in a federal queue, which removes a meaningful step from the timeline.
Processing method is recorded on every loan in the SBA's public file, so which methods a lender actually uses is checkable.
See also
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.