The U.S. Small Business Administration (SBA) Seattle District Office serves Western Washington, which has a population base of nearly 5.2 million residents. This service area is a major U.S tourism area and has a future job growth rate of 39.4% which is greater than the national average. It is a great city for small business entrepreneurs as it possesses a diverse and prosperous economic base with aerospace, technology, biotechnology, computer software, electronics and financial services. The Port of Seattle is also the second largest cargo container in the United States, allowing plenty of international trade.
Finding the best and cheapest business loans has always been a hassle, so we make it easier by comparing all the best SBA lenders in Seattle for you. After reading our analysis, please click apply now and we will able to match you with the best SBA loan providers in Seattle.
GoSBA Loans is proud to announce the 2017, top 35 SBA banks providing SBA loans in Seattle. As one of the top 10 cities for small business entrepreneurs, Seattle SBA loan providers financed 1,353 businesses valued at $610,609,600 million in 2017.
One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in Seattle include some of the larger banks like Wells Fargo and U.S. Bank National Association, as well as some smaller players, including Heritage Bank and Columbia State Bank. Unfortunately, these banks have some of the strongest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in Seattle. Applicants that apply for a SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top Seattle SBA lenders. Here is our GoSBA’s official ranking for the 35 Best Seattle SBA Lenders In 2017.
|RANK||BANK||LOANS FUNDED||VOLUME FUNDED ($)|
|2||U.S. Bank National Association||151||40,154,300|
|3||Wells Fargo Bank National Association||125||36,623,300|
|4||Key Bank National Association||100||44,722,300|
|5||Washington Trust Bank||67||15,562,500|
|6||Mountain West Bank||64||24,134,000|
|7||JPMorgan Chase Bank National Association||62||22,141,400|
|8||Hana Small Business Lending Inc.||42||28,289,000|
|11||Columbia State Bank||33||11,587,500|
|13||First Home Bank||30||7,048,500|
|14||Celtic Bank Corporation||26||11,761,700|
|15||Stearns Bank National Association||26||12,211,800|
|18||Seacoast Commerce Bank||24||24,501,000|
|20||Pacific City Bank||21||41,339,000|
|22||Bank of Hope||19||29,940,600|
|23||Coastal Community Bank||19||3,129,700|
|24||Mountain Pacific Bank||19||26,922,500|
|25||Live Oak Banking Company||17||23,243,000|
|26||Bank of the West||17||12,897,200|
|27||Whatcom Educational CU||17||1,434,300|
|28||Inland Northwest Bank||16||4,418,100|
|29||Bank of the Pacific||15||5,067,900|
|32||Idaho Central CU||12||1,599,600|
|33||Washington Business Bank||10||3,453,800|
|34||Banc of California National Association||10||8,636,000|
|35||Zions First National Bank||10||2,831,200|