The U.S. Small Business Administration (SBA) Los Angeles District Office (LADO) serves Los Angeles, Santa Barbara, and Ventura Counties, which have a combined population base of nearly 11.5 million residents. If this area were a state, it would rank as the eighth most populous state in the Union. This tri-county service area is the nation’s top international trade and manufacturing center. There is a diverse economic base with trade, tourism, entertainment, technology and financial services leading the way. The Ports of Long Beach and Los Angeles are the busiest in the country, and L.A. remains a powerful force in manufacturing output.

 

Finding the best and cheapest business loans has been a hassle forever, so we make it easier by comparing all the best SBA lenders  in Los Angeles for you. After reading our analysis, please click apply now and we will able to match you with the best SBA loan provides in Los Angeles.

 

GoSBA Loans is proud to announce the 2018, top 20 SBA banks providing SBA loans in Los Angeles. Los Angeles SBA loan providers led all other cities in nationwide and financed 3,244 businesses valued at $1.77 billion in 2018. Los Angeles SBA loan funding also led nationally in SBA loans made to minority and women-owned businesses.

 

One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in Los Angeles include some of the larger banks like JPMorgan Chase and Wells Fargo, as well as some smaller players, including Celtic Bank and Zions First National Bank. Unfortunately, these banks have some of the most strongest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in Los Angeles. Applicants that apply for a SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top Los Angeles SBA lenders. Here is our GoSBA’s official ranking for the 50 Best Los Angeles SBA Lenders In 2018.

 
 

Rank	Bank	Loans Funded	Volume Funded ($)
1	WELLS FARGO BANK, N.A.	318	$115,135,500
2	JPMORGAN CHASE BANK, N.A.	223	$53,315,600
3	BANK OF HOPE	117	$74,575,000
4	U.S. BANK, N.A.	101	$17,389,200
5	EAST WEST BANK	81	$33,597,000
6	PACIFIC CITY BANK	64	$57,539,400
7	COMMONWEALTH BUSINESS BANK	56	$46,866,000
8	OPEN BANK	45	$42,370,500
9	CELTIC BANK CORPORATION	41	$12,517,800
10	FIRST HOME BANK	40	$12,546,000
11	SEACOAST COMMERCE BANK	38	$38,164,300
12	INDEPENDENCE BANK	38	$3,925,000
13	COMMUNITY BANK	36	$28,553,000
14	COMERICA BANK	36	$4,908,000
15	HANMI BANK	33	$14,787,500
16	UNITI BANK	30	$31,293,000
17	HANA SMALL BUS. LENDING INC.	29	$25,887,000
18	HARVEST SMALL BUS. FINANCE LLC	24	$38,953,400
19	CITY NATIONAL BANK	22	$4,138,500
20	CENTERSTONE SBA LENDING, INC.	21	$27,193,500
21	LIVE OAK BANKING COMPANY	19	$19,278,600
22	US METRO BANK	19	$16,651,500
23	COMPASS BANK	19	$6,640,700
24	CITIBANK, N.A.	19	$5,846,000
25	ROYAL BUSINESS BANK	17	$14,215,000
26	FIRST GENERAL BANK	17	$9,651,000
27	BOSTON PRIVATE BANK & TRUST CO.	17	$2,660,000
28	FIVE STAR BANK	16	$4,599,000
29	MUFG UNION BANK, N.A.	14	$16,175,600
30	BANK OF THE WEST	14	$12,302,800
31	FIRST CHOICE BANK	13	$16,609,700
32	CALIFORNIA UNITED BANK	13	$9,481,700
33	STEARNS BANK, N.A.	13	$3,360,000
34	CDC SMALL BUS. FINANCE CORP.*	12	$2,022,800
35	PACE FINANCE CORP.*	12	$1,420,000
36	KINECTA FCU	11	$1,636,000
37	SHINHAN BANK AMERICA	10	$7,165,000
38	PLAZA BANK	10	$6,855,700
39	BANK OF AMERICA, N.A.	10	$5,215,500
40	CALIFORNIA CU	10	$2,952,000
41	AMERICAN RIVIERA BANK	10	$2,046,500
42	CTBC BANK CORP. (USA).	9	$9,278,000
43	CATHAY BANK	9	$3,794,300
44	VENTURA COUNTY CU	9	$2,214,400
45	PACIFIC ENTERPRISE BANK	8	$12,810,000
46	UMPQUA BANK	8	$7,996,000
47	PACIFIC PREMIER BANK	8	$6,817,500
48	EVERTRUST BANK	8	$6,160,000
49	INTERNATIONAL CITY BANK, N.A.	8	$5,649,500
50	MANUFACTURERS BANK	8	$4,681,000