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 2020, 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 2,498 businesses valued over $1.1 billion for the FY of 2019.

 

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 2020.

 

RANK	BANK	LOANS FUNDED	VOLUME FUNDED ($)
1	Live Oak Banking	38	$67,531,000
2	SunTrust Bank	87	$53,644,800
3	First Home Bank	140	$53,354,400
4	TD Bank	552	$46,156,600
5	Newtek Small Business	78	$42,619,600
6	Wells Fargo Bank	250	$38,135,200
7	Paradise Bank	23	$35,533,000
8	Bank of America	51	$35,514,700
9	Huntington National	74	$35,089,500
10	Seacoast National Bank	50	$24,315,900
11	CenterState Bank	26	$23,256,800
12	The Bank of Tampa	23	$22,957,000
13	JPMorgan Chase Bank	125	$22,925,700
14	Pilot Bank	21	$22,851,500
15	BankUnited	25	$20,919,000
16	Banesco USA	11	$18,250,000
17	Centennial Bank	15	$16,795,400
18	Readycap Lending, LLC	18	$16,142,400
19	Stearns Bank	62	$15,523,500
20	Stone Bank	17	$14,894,800
21	Citibank, N.A.	15	$14,797,300
22	United Community Bank	18	$14,612,000
23	Valley National Bank	24	$14,166,000
24	IncredibleBank	8	$12,975,500
25	Regions Bank	16	$12,415,200
26	Midwest Regional Bank	17	$11,618,000
27	Fifth Third Bank	30	$11,260,700
28	Radius Bank	6	$10,724,200
29	Independence Bank	74	$10,350,000
30	First Bank	19	$10,203,600
31	Synovus Bank	6	$9,500,000
32	Berkshire Bank	9	$9,289,000
33	PNC Bank	33	$8,989,800
34	IBERIABANK	12	$8,644,900
35	First Savings Bank	6	$8,637,100
36	Celtic Bank Corporation	34	$8,627,500
37	Branch Banking and Trust	16	$8,413,700
38	Touchmark National Bank	3	$8,255,000
39	Byline Bank	8	$8,216,000
40	First Financial Bank	2	$8,025,000
41	World Trade Finance,  Inc.	2	$8,000,000
42	Busey Bank	7	$7,925,600
43	BBVA USA	5	$7,872,500
44	First-Citizens Bank & Trust	10	$7,488,000
45	Millennium Bank	2	$7,311,000
46	IBM Southeast Empl CU	12	$6,949,000
47	First Citrus Bank	12	$6,769,500
48	Professional Bank	11	$6,764,500
49	American Momentum Bank	9	$6,561,700
50	First American Bank	10	$6,550,000

Sounds great? Click on apply now and we’ll match you with the best SBA loan providers in Miami.