Best New Jersey SBA Lenders & Rates of 2026

Compare 133 SBA lenders in New Jersey. $1.11B funded across 2,520 businesses. Average rate 10.42%. Get matched free.

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Best New Jersey SBA Lenders & Rates of 2026

$1.11B
Total Funded

2,520
Loans Approved

$439K
Avg Loan Size

10.42%
Avg Interest Rate

133
Active Lenders

SBA Loans in New Jersey

New Jersey businesses received $1.11B in SBA 7(a) loan approvals across 2,520 businesses in 2025. With 133 active SBA lenders competing for business in New Jersey, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in New Jersey is $439K, with rates averaging 10.42%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in New Jersey (2025)

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

RankLenderVolumeLoansAvg Rate
1TD Bank, National Association$97.5M55410.36%
2Live Oak Banking Company$63.3M689.43%
3Northeast Bank$45.8M25211.00%
4Readycap Lending, LLC$39.0M9811.46%
5Newtek Bank, National Association$38.9M12610.88%
6The Huntington National Bank$37.2M969.76%
7Provident Bank$34.5M329.30%
8Fulton Bank, National Association$27.7M359.69%
9Manufacturers and Traders Trust Company$27.4M27711.31%
10JPMorgan Chase Bank, National Association$23.7M7011.12%
11Meridian Bank$23.6M259.69%
12Bank of America, National Association$23.4M287.03%
13Wells Fargo Bank National Association$23.2M5010.49%
14Wilmington Savings Fund Society FSB$22.9M349.71%
15Peapack Private Bank and Trust$21.4M219.44%
16Unity Bank$19.1M149.68%
17Magyar Bank$18.0M1710.09%
18Port 51 Lending LLC$17.8M89.91%
19First Internet Bank of Indiana$16.6M129.98%
20GBank$16.1M48.75%

🤝 How to Get an SBA Loan in New Jersey

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across New Jersey and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with New Jersey SBA Lenders

Ready to apply for an SBA loan in New Jersey? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Picture of Ishan Jetley

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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