GoSBA’s 50 Best Los Angeles SBA Lenders In 2024
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 2020, top 50 SBA banks providing SBA loans in Los Angeles. Los Angeles SBA loan providers led all other cities in nationwide and financed 2008 businesses valued over $1.1 billion in the FY of 2019. Los Angeles SBA loan funding also led nationally in SBA loans made to minority and women-owned businesses.
One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in Los Angeles include some of the larger banks like JPMorgan Chase and Wells Fargo, as well as some smaller players, including Celtic Bank and Zions First National Bank. Unfortunately, these banks have some of the strictest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in Los Angeles. Applicants that apply for an SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top Los Angeles SBA lenders. Here is our GoSBA’s official ranking for the 50 Best Los Angeles SBA Lenders In 2024.
| RANK | BANK | LOANS FUNDED | VOLUME FUNDED ($) |
| 1 | MUFG Union Bank, National Association | 50 | $75,537,600 |
| 2 | Bank of Hope | 167 | $60,378,000 |
| 3 | Pacific City Bank | 60 | $50,311,500 |
| 4 | JPMorgan Chase Bank, National Association | 174 | $44,544,100 |
| 5 | Commonwealth Business Bank | 47 | $38,318,000 |
| 6 | Wells Fargo Bank, National Association | 155 | $36,226,900 |
| 7 | Seacoast Commerce Bank | 29 | $34,169,000 |
| 8 | Centerstone SBA Lending, Inc. | 21 | $33,880,500 |
| 9 | East West Bank | 61 | $33,406,500 |
| 10 | Hanmi Bank | 50 | $30,864,000 |
| 11 | Newtek Small Business Finance, Inc. | 34 | $27,999,000 |
| 12 | First Choice Bank | 13 | $24,804,100 |
| 13 | Harvest Small Business Finance, LLC | 17 | $24,752,000 |
| 14 | Bank of the West | 32 | $23,903,800 |
| 15 | GBC International Bank | 24 | $23,897,000 |
| 16 | U.S. Bank, National Association | 184 | $23,797,800 |
| 17 | Live Oak Banking Company | 15 | $23,512,000 |
| 18 | First Home Bank | 104 | $22,704,000 |
| 19 | Commercial Bank of California | 15 | $19,663,200 |
| 20 | Hana Small Business Lending, Inc. | 12 | $18,229,000 |
| 21 | American Continental Bank | 15 | $17,091,500 |
| 22 | Open Bank | 18 | $16,719,000 |
| 23 | Crossroads Small Business Solutions, LLC | 15 | $15,901,500 |
| 24 | United Business Bank | 21 | $14,890,500 |
| 25 | Pacific Premier Bank | 9 | $14,703,300 |
| 26 | Celtic Bank Corporation | 44 | $14,667,300 |
| 27 | Umpqua Bank | 18 | $14,153,300 |
| 28 | First Bank | 16 | $13,495,200 |
| 29 | US Metro Bank | 10 | $10,917,500 |
| 30 | Bank of America, National Association | 18 | $9,851,600 |
| 31 | First General Bank | 13 | $9,411,700 |
| 32 | American Business Bank | 7 | $9,355,200 |
| 33 | CalPrivate Bank | 8 | $9,071,500 |
| 34 | Zions Bank, A Division of | 20 | $8,954,900 |
| 35 | CDC Small Business Finance Corporation | 55 | $8,817,700 |
| 36 | Poppy Bank | 4 | $8,690,000 |
| 37 | Five Star Bank | 33 | $8,385,000 |
| 38 | BankUnited, National Association | 5 | $8,290,000 |
| 39 | Readycap Lending, LLC | 6 | $8,270,400 |
| 40 | EverTrust Bank | 9 | $7,894,000 |
| 41 | Wallis Bank | 4 | $7,542,000 |
| 42 | California International Bank, A National Banking Associatio | 8 | $7,233,000 |
| 43 | The Bancorp Bank | 6 | $7,202,900 |
| 44 | New Omni Bank, National Association | 8 | $7,049,500 |
| 45 | City National Bank | 12 | $6,739,000 |
| 46 | BBVA USA | 4 | $5,926,300 |
| 47 | Pacific Enterprise Bank | 5 | $5,843,000 |
| 48 | Independence Bank | 40 | $5,725,000 |
| 49 | BSD Capital, LLC dba Lendistry | 28 | $5,630,000 |
| 50 | Byline Bank | 5 | $5,581,500 |
You can use our SBA loan calculator to estimate your payments and total financing costs before applying for an SBA loan.
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Note: Estimated payments, not including taxes and insurance. Actual payments may vary.
Sounds great? Click on apply now and we’ll match you with the best SBA loan providers in Los Angeles.
