A sheet material feeding device comprises a sheet material housing part housing a sheet bundle having a plurality of sheet being stacked; a conveying-out unit press-contacting onto the front edge side of the upper surface of the sheet bundle to exert a push-out force, feeding a sheet by the push-out force in a predetermined conveying-out direction, and separating the sheet from the sheet bundle; a feeding unit arranged on the downstream side of the sheet material housing part along the conveying-out direction and continuing the feeding of the sheet, and after the conveying-out unit moves away from the rear edge of a preceding sheet, the conveying-out unit conveys a following sheet in a state that the following sheet is overlapped at the lower side of the preceding sheet until the front edge of the following sheet reaches a predetermined guide position set between the sheet bundle and the feeding unit.