Best West Palm Beach, FL SBA Lenders & Rates of 2026

Compare 37 SBA lenders in West Palm Beach, FL. $71.2M funded across 103 businesses. Average rate 10.22%. Get matched free.

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Best West Palm Beach, FL SBA Lenders & Rates of 2026

$71.2M
Total Funded

103
Loans Approved

$691K
Avg Loan Size

10.22%
Avg Interest Rate

37
Active Lenders

SBA Loans in West Palm Beach, FL

West Palm Beach, FL businesses received $71.2M in SBA 7(a) loan approvals across 103 businesses in 2025. With 37 active SBA lenders competing for business in West Palm Beach, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in West Palm Beach is $691K, with rates averaging 10.22%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

West Palm Beach SBA Loans by Business Type

🚀 Startups
17%
$16.5M • 17 loans

🏢 Existing Businesses
68%
$28.6M • 70 loans

🔄 Acquisitions
16%
$26.1M • 16 loans

Top SBA Lenders in West Palm Beach, FL (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to West Palm Beach businesses:

RankLenderVolumeLoansAvg Rate
1 First Internet Bank of Indiana$8.0M310.08%
2 Newtek Bank, National Association$5.8M611.08%
3 The Huntington National Bank$5.8M68.77%
4 Live Oak Banking Company$5.1M58.77%
5 United Community Bank$4.5M19.50%
6 First National Bank of Pennsylvania$3.9M19.35%
7 Port 51 Lending LLC$3.9M19.50%
8 First Horizon Bank$3.8M38.50%
9 Metro City Bank$3.0M19.25%
10 VelocitySBA, LLC$2.9M19.50%
11 The Bancorp Bank National Association$2.7M19.00%
12 OptimumBank$2.6M19.50%
13 Northeast Bank$2.6M1411.02%
14 iTHINK Financial CU$1.9M29.63%
15 Citizens Bank$1.9M19.75%
16 TD Bank, National Association$1.6M1910.49%
17 Bank of America, National Association$1.0M29.04%
18 First Bank of the Lake$997K312.33%
19 JPMorgan Chase Bank, National Association$903K39.23%
20 Grasshopper Bank National Association$850K211.00%
21 Baybank$850K19.00%
22 Readycap Lending, LLC$763K411.06%
23 Regions Bank$700K211.99%
24 United Midwest Savings Bank National Association$600K410.19%
25 Cadence Bank$590K210.25%
26 First-Citizens Bank & Trust Company$583K19.25%
27 Brookline Bank, a Division of Beacon Bank and Trust$500K19.75%
28 PNC Bank, National Association$500K19.60%
29 Midwest Regional Bank$416K110.25%
30 Synovus Bank$412K19.25%
31 Seacoast National Bank$385K19.50%
32 Wells Fargo Bank National Association$269K29.36%
33 CDC Small Business Finance Corp.$185K110.00%
34 CenTrust Bank, A Division of SmartBiz Bank National Associat$150K111.50%
35 Colony Bank$150K110.50%
36 Lendistry SBLC, LLC$150K112.00%
37 Fifth Third Bank$140K211.27%

Top Industries in West Palm Beach

Here are the industries that received the most SBA funding in West Palm Beach:

SBA Loans in Florida

West Palm Beach is part of Florida‘s SBA lending market. For statewide data and more lender options, see our full Florida SBA Lenders guide.

🤝 Why Use an SBA Broker in West Palm Beach?

GoSBA Loans helps West Palm Beach businesses access the best SBA lenders:

  • Access 37+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in West Palm Beach
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your West Palm Beach SBA Loan

Our team has helped hundreds of West Palm Beach businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in West Palm Beach? GoSBA Loans is a trusted SBA loan broker serving businesses in West Palm Beach and across Florida. Contact our West Palm Beach SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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