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GoSBA’s 35 Best Seattle SBA Lenders In 2017

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 ($)
1 Banner Bank 170 23,646,300
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
9 Heritage Bank 40 25,476,900
10 Umpqua Bank 37 35,832,900
11 Columbia State Bank 33 11,587,500
12 Northwest Bank 32 12,239,000
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
16 Kitsap Bank 26 8,177,800
17 Homestreet Bank 25 13,612,900
18 Seacoast Commerce Bank 24 24,501,000
19 SaviBank 24 11,919,700
20 Pacific City Bank 21 41,339,000
21 UniBank 19 18,675,000
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
30 Hanmi Bank 14 13,661,800
31 Sound CU 14 3,717,100
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

 

 

Ishan Jetley

Ishan Jetley is the founder and managing director of GoSBALoans. Ishan has helped fund more than 400 businesses. He has helped businesses raise $150 million in SBA working capital, inventory and commercial property loans.

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