The U.S. Small Business Administration (SBA) Miami District Office serves around 24 different counties, which have a combined population base of nearly 400,000 residents. This multi-county service area is a major U.S tourism area and is the top state in the cruise industry. There is a diverse economic base with international trade, manufacturing, real estate, aerospace, life sciences, and financial services.
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 Miami for you. After reading our analysis, please click apply now and we will able to match you with the best SBA loan providers in Miami.
GoSBA Loans is proud to announce the 2017, top 50 SBA banks providing SBA loans in Miami. As one of the top 10 cities for small business entrepreneurs, Miami SBA loan providers financed 1,098 businesses valued at $483 million in 2017.
One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in Miami include some of the larger banks like JPMorgan Chase and Wells Fargo, as well as some smaller players, including Celtic Bank and First Home Bank. Unfortunately, these banks have some of the strongest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in Miami. Applicants that apply for a SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top Miami SBA lenders. Here is our GoSBA’s official ranking for the 50 Best Miami SBA Lenders In 2017.
|RANK||BANK||LOANS FUNDED||VOLUME FUNDED ($)|
|1||TD Bank, National Association||297||20,300,400|
|2||JPMorgan Chase Bank, National Association||72||16,356,200|
|3||Wells Fargo Bank, National Association||63||13,881,900|
|4||Celtic Bank Corporation||60||13,621,000|
|5||First Home Bank||60||25,958,800|
|6||Fifth Third Bank||35||17,998,300|
|8||BankUnited, National Association||28||20,658,900|
|10||The Huntington National Bank||24||8,539,700|
|11||Newtek Small Business Finance, Inc.||21||16,514,000|
|12||Branch Banking and Trust Company||21||8,485,700|
|13||First Green Bank||19||18,260,200|
|14||Live Oak Banking Company||19||22,801,000|
|16||Stearns Bank National Association||17||6,189,500|
|17||Bank of America, National Association||17||14,915,200|
|18||CenterState Bank, National Association||15||16,903,500|
|20||American Momentum Bank||13||6,538,700|
|21||Five Star Bank||11||2,990,000|
|23||Seacoast National Bank||10||5,290,000|
|24||First American Bank||10||10,850,000|
|26||PNC Bank, National Association||10||984,000|
|32||Axiom Bank, National Association||8||6,349,700|
|38||Atlantic Capital Bank, National Association||7||7,485,000|
|39||First Federal Bank||7||9,518,800|
|46||First Citrus Bank||6||6,084,600|
|47||Bank of the Ozarks||6||1,969,600|
|48||CRF Small Business Loan Company, LLC||6||2,729,600|
|49||United Community Bank||6||7,399,700|
|50||First Bank Financial Centre||5||6,264,600|