GoSBA’s 50 Best San Diego SBA Lenders In 2016
The U.S. Small Business Administration (SBA) San Diego District Office serves San Diego and Imperial County, which have a combined population base of nearly 3.2 million residents. This service area is a major U.S tourism area and is one of California’s major ports, creating a demand for a variety of small businesses. There is a diverse economic base with international trade, manufacturing, military, technology, life sciences and bioscience.
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 San Diego for you. After reading our analysis, please click apply now and we will able to match you with the best SBA loan providers in San Diego.
GoSBA Loans is proud to announce the 2016, top 50 SBA banks providing SBA loans in San Diego. As one of the top 10 cities for small business entrepreneurs, San Diego SBA loan providers financed 889 businesses valued at $383,579,800 million in 2016.
One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in San Diego include some of the larger banks like JPMorgan Chase and Wells Fargo, as well as some smaller players, including Compass Bank and Banner Bank. Unfortunately, these banks have some of the strongest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in San Diego. Applicants that apply for a SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top San Diego SBA lenders. Here is our GoSBA’s official ranking for the 50 Best San Diego SBA Lenders In 2016.
RANK | BANK | LOANS FUNDED | VOLUME FUNDED ($) |
1 | Wells Fargo Bank Natl Assoc | 270 | 77,016,300 |
2 | U.S. Bank National Association | 109 | 27,468,100 |
3 | Jpmorgan Chase Bank Natl Assoc | 77 | 26,906,600 |
4 | Cdc Small Bus. Finan Corp (504) | 48 | 52,147,000 |
5 | Comerica Bank | 30 | 5,319,000 |
6 | Pacific Commerce Bank | 28 | 20,163,000 |
7 | Cdc Small Bus. Finan Corp (7a Community Advantage Loans) |
24 | 3,220,000 |
8 | Celtic Bank Corporation | 23 | 2,894,000 |
9 | Bank Of Southern California Na | 19 | 13,880,000 |
10 | Zions Bank, A Division Of | 19 | 2,030,000 |
11 | Compass Bank | 19 | 2,023,000 |
12 | Banner Bank | 18 | 3,590,600 |
13 | Plaza Bank | 16 | 7,383,500 |
14 | Community Valley Bank | 13 | 7,446,700 |
15 | Seacoast Commerce Bank | 12 | 13,421,500 |
16 | Live Oak Banking Company | 11 | 9,716,500 |
17 | First Home Bank | 11 | 1,990,000 |
18 | Stearns Bk Natl Assoc | 11 | 1,980,000 |
19 | City National Bank | 10 | 3,165,000 |
20 | Community Bank | 9 | 5,564,500 |
21 | Southland Economic Devel Corp (504) | 9 | 3,544,000 |
22 | San Diego Private Bank | 7 | 5,700,000 |
23 | Pacific W. Cert. Devel Corp (504) | 6 | 8,726,000 |
24 | Capital Access Group, Inc. (504) | 6 | 4,051,000 |
25 | Bank Of The West | 5 | 5,599,600 |
26 | Mortgage Cap. Devel Corp (504) | 5 | 2,450,000 |
27 | Commonwealth Business Bank | 4 | 8,584,000 |
28 | Bank Of America Natl Assoc | 4 | 5,290,000 |
29 | Hanmi Bank | 4 | 4,660,000 |
30 | Pacific Enterprise Bank | 4 | 4,176,500 |
31 | Open Bank | 4 | 2,130,000 |
32 | Rabobank, National Association | 4 | 991,300 |
33 | Newtek Small Bus. Finance Inc. | 4 | 556,000 |
34 | Independence Bank | 4 | 550,000 |
35 | Ridgestone Bank | 3 | 4,383,000 |
36 | Pacific City Bank | 3 | 3,905,000 |
37 | California Cu | 3 | 2,420,000 |
38 | Bank Of Hope | 3 | 2,373,000 |
39 | Commercewest Bank | 3 | 1,190,000 |
40 | Alterra Bank | 3 | 1,135,000 |
41 | Umpqua Bank | 3 | 1,060,000 |
42 | Homestreet Bank | 3 | 1,045,000 |
43 | Community Devel Transportation (7a Community Advantage Loans) |
3 | 474,000 |
44 | East West Bank | 3 | 40,000 |
45 | First Choice Bank | 2 | 6,200,000 |
46 | California Statewide Cert. Dev (504) | 2 | 4,246,000 |
47 | Ampac Tri-State Cdc, Inc. (504) | 2 | 2,962,000 |
48 | Commerce Bank Of Temecula Vall | 2 | 2,959,100 |
49 | Los Angeles Cnty Small Bus. De (504) | 2 | 2,757,000 |
50 | Business Finance Capital (504) | 2 | 2,097,000 |