Skip to content
SuperMoney logo
SuperMoney logo
Business Loans
Business Term Loans
Advertiser Disclosure

Last Updated: 06/21/2025

Simmons Bank Business Loans

from Simmons Bank

Last Updated: 06/21/2025

Simmons Bank Business Loans logo
No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate

Explore a similar product

Try this top product in Business Loans

Fora Financial Business Loans logo

Fora Financial Business Loans

Strongly recommended9 reviews
Visit Site

Compare All Business Loans

Filter & compare all your options in one place.

Filter & compare all your options in one place.

View All Products
Highlights icon

Highlights

Amount Range

Up to $25,000,000

APR

5% - 50%(Verified 06/21/2024)
Disclaimer popup with additional information

Loan Term (Months)

12 - 360
Speech bubbles icon

Simmons Bank Business Loans Review

Simmons bank is a business financing offering by Simmons Bank, based in Columbus, GA. Founded in 1903, Simmons Bank offers access to small business loans in 50 states (and Washington, DC).

Simmons bank FAQ

What are Simmons bank rates?

Simmons bank offers a business financing product that ranges from 5% APR up to 50% APR.

Does Simmons bank charge an origination fee?

Yes, Simmons bank charges a loan origination fee .

Does Simmons bank charge prepayment fees?

Yes, Simmons bank may charge additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a business loan product because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

What is the maximum business loan term you can get with Simmons bank?

Simmons bank offers small business loans with terms ranging from 12 to 360 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for Simmons Bank Business Loans?

Simmons Bank Business Loans requires companies to be in business for at least month
Applicants with a credit score of at least 700 and up to 850 may be eligible for Simmons Bank Business Loans.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Simmons Bank Business Loans.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Proof of identity

Does Simmons Bank Business Loans report your account activity to credit bureaus?

Yes, Simmons Bank Business Loans reports to the following credit bureaus:
  • Equifax
  • Experian
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.

Does Simmons Bank perform a hard credit pull?

Yes, Simmons bank performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

PO Box 84071
Columbus, GA 31908
(800) 272-2102
Visit Site
Email Support

Other Services by Simmons Bank

Credit Cards

3 products

Rating not yet determined (1 Review)

SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

0

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Simmons Bank Business Loans Community Reviews

Would you recommend Simmons Bank Business Loans to your friends?

There are currently no reviews.

You might also like

Thumbnail for Best Pick: Best Small Business Loans
Best Small Business Loans

SuperMoney

Thumbnail for Blog Article: Business Loans for New Businesses - Everything You Should Know
Business Loans for New Businesses - Everything You Should Know

SuperMoney

Thumbnail for Blog Article: Should You Get a Business Loan From a Bank or an Online Lender?
Should You Get a Business Loan From a Bank or an Online Lender?

Heather Skyler

Thumbnail for Blog Article: How to Get a Business Loan If You Have Bad Credit
How to Get a Business Loan If You Have Bad Credit

SuperMoney

Thumbnail for Blog Article: Business Loans for Contractors - Everything You Need To Know
Business Loans for Contractors - Everything You Need To Know

Tiffany Hsu

Thumbnail for Blog Article: 8 Ways to Present Financing Options to Patients
8 Ways to Present Financing Options to Patients

Jessica Walrack

Browse Business Loans

Finance Factory Unsecured Start-up Loans
National Funding Business Loans
Fora Financial Business Loans
BusinessLoans.com