Best Washington SBA Lenders & Rates of 2026

Compare 121 SBA lenders in Washington. $1.07B funded across 1,987 businesses. Average rate 10.18%. Get matched free.

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Best Washington SBA Lenders & Rates of 2026

$1.07B
Total Funded

1,987
Loans Approved

$539K
Avg Loan Size

10.18%
Avg Interest Rate

121
Active Lenders

SBA Loans in Washington

Washington businesses received $1.07B in SBA 7(a) loan approvals across 1,987 businesses in 2025. With 121 active SBA lenders competing for business in Washington, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Washington is $539K, with rates averaging 10.18%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Washington (2025)

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

RankLenderVolumeLoansAvg Rate
1Readycap Lending, LLC$88.0M7410.65%
2Live Oak Banking Company$84.7M588.81%
3U.S. Bank, National Association$69.4M1679.62%
4KeyBank National Association$40.4M12210.26%
5Heritage Bank$37.3M398.53%
6Newtek Bank, National Association$34.8M8610.87%
7Washington Trust Bank$31.8M468.83%
8Mountain Pacific Bank$30.8M158.75%
9US Metro Bank$29.1M148.73%
10Celtic Bank Corporation$27.1M3410.29%
11First Internet Bank of Indiana$25.2M1810.21%
12PCB Bank$24.9M108.55%
13Banner Bank$24.0M1148.84%
14Enterprise Bank & Trust$23.9M127.08%
15Columbia Bank$22.4M23912.23%
16Hanmi Bank$21.8M299.25%
17Northeast Bank$21.8M12610.80%
18The Huntington National Bank$19.7M339.60%
19Southwestern National Bank$18.5M118.93%
20Gesa CU$18.3M3610.03%

🤝 How to Get an SBA Loan in Washington

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 Washington and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Washington SBA Lenders

Ready to apply for an SBA loan in Washington? 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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