Best SBA Lenders in High Point, NC (2026)
2025 FOIA data: top lenders, rates & industries for High Point SBA loans
SBA Loans in High Point, North Carolina
Looking for an SBA loan in High Point, North Carolina? Based on 2025 FOIA data, 31 SBA 7(a) loans were funded in High Point totaling $17.4M, supporting an estimated 450 jobs. With 16 active lenders competing for business in the High Point market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in High Point is $560K at an average rate of 10.49%. The top lender in High Point is Live Oak Banking Company, with the most-funded industry being Limited-Service Restaurants. See all North Carolina SBA lenders for statewide rankings.
SBA Loans in High Point by Business Type
Whether you’re starting a new business in High Point, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 2% of SBA loans in High Point (2 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 21% (3 loans) — if you’re looking to buy a business in High Point, this is a proven use case for SBA financing. Existing businesses make up 49% and typically receive the most favorable terms.
Top SBA Lenders in High Point, NC (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to High Point businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | $7.3M | 7 | 9% |
| 2 | Newtek Bank, National Association | $3.5M | 3 | 10.75% |
| 3 | First Bank | $1.7M | 1 | 10.5% |
| 4 | Northeast Bank | $1.3M | 7 | 11.39% |
| 5 | Cadence Bank | $850K | 2 | 10.25% |
| 6 | First National Bank of Pennsylvania | $550K | 1 | 9.25% |
| 7 | Encore Bank | $450K | 1 | 10.25% |
| 8 | Bank of Oak Ridge | $340K | 1 | 10.5% |
| 9 | Readycap Lending, LLC | $306K | 1 | 10.25% |
| 10 | Citizens Bank | $250K | 1 | 10.25% |
The top lenders in High Point have direct experience with local businesses and understand the High Point market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in High Point and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in High Point
One 5-minute application. 16+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in High Point
These are the industries that received the most SBA 7(a) funding in High Point in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Limited-Service Restaurants | 2 | $3.0M |
| Pet Care (except Veterinary) Services | 1 | $2.5M |
| Highway, Street, and Bridge Construction | 1 | $1.7M |
| All Other Miscellaneous Wood Product Manufacturing | 1 | $1.2M |
| Other Computer Related Services | 2 | $1.2M |
| Remediation Services | 2 | $700K |
| Other Accounting Services | 1 | $550K |
| Plumbing, Heating, and Air-Conditioning Contractors | 1 | $500K |
| Sawmill, Woodworking, and Paper Machinery Manufacturing | 1 | $350K |
| General Line Grocery Merchant Wholesalers | 1 | $340K |
Lenders with experience funding your specific industry in High Point understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in High Point
Option 1: Apply directly to one of the top High Point lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple High Point-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
