In today’s big match up, we've got Credit Unions taking on the SBA. The SBA provides government backed loans to lenders, which helps small businesses get loans they otherwise might not qualify for. Credit Unions generally have a members first policy, which makes them a strong ally for a small business. Remember, we’re seeing who has the best small business loan option for a restaurant with one year in operation, an average of $20,000 in monthly revenue and good credit. This business is looking for $50,000 for working capital and needs the funds within 3 weeks. Credit Unions are strong competitors offering local service and focused on the communities that they serve, but the SBA brings a big game. The government backed program is the gold standard for directing small business lending with the financing lending industry following their every move. It's a close game, who's going to take it? Final: Credit Unions win! Like most government programs paperwork and requirements slow the process down too much to get the funds within the 3 week requirement. The Credit Union can process a small business loan much faster. To follow this contest, like our Facebook page here. For yesterday's game, check out Local Banks vs. Big Banks.