How many small businesses are in Hawaii?

Hawaii has approximately 129,000 small businesses, representing 99.4 percent of all businesses in the state. They employ 260,000 workers — 52.1 percent of Hawaii's private workforce, one of the highest shares nationally. Source: SBA Office of Advocacy, 2024 Small Business Profile.

How active is SBA 7(a) lending in Hawaii?

Hawaii received 378 SBA 7(a) loan approvals in FY2024, totaling $161 million. The average loan size was approximately $426,000. Source: SBA FOIA loan dataset, FY2024 aggregate.

Does Hawaii have a commercial financing disclosure law?

No. Hawaii has not enacted a statewide commercial financing disclosure law as of 2026.

What financing products work best for Hawaii small businesses?

Tourism and hospitality businesses use revenue-based financing and working capital lines. Construction businesses use equipment financing and SBA 7(a). Healthcare practices access SBA 7(a). Agricultural businesses use equipment loans. The right product depends on your industry and revenue profile.

Is ClearValue Lending available in Hawaii?

Yes. ClearValue Lending routes Hawaii SMB applicants to lender partners operating across Honolulu, Maui, Hawaii Island (Big Island), Kauai, and statewide. We are a funding platform, not a lender or broker.

What are typical eligibility minimums for Hawaii SMB financing?

SBA 7(a) typically requires 2+ years in business, 650+ FICO, and $150,000+ annual revenue. Revenue-based financing may be available with 500+ FICO, 6+ months in business, and $10,000+ monthly revenue. All financing is subject to lender underwriting.

Small Business Loans in Hawaii

Hawaii has 129,000 small businesses employing 260,000 workers — 52.1 percent of the state's private workforce — one of the highest small business employment shares in the country. In FY2024, Hawaii small businesses received 378 SBA 7(a) loans totaling $161 million, with an average loan size of approximately $426,000. Hawaii's SMB economy is uniquely shaped by its geography: tourism is the economic foundation, but the high cost of operating an island-based business creates distinct financing challenges for every sector.