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GoSBA’s Top 50 Georgia SBA Lenders in 2024
According to the U.S. Small Business Administration Office of Advocacy, there are about one million small businesses established in Georgia that employ 1.6 million people in the state. More than 300 thousand are minority-owned businesses. Interestingly enough, Georgia is ranked as second in the U.S. for having the most women to establish start-up businesses.
Georgia houses headquarters of big companies such as Home Depot, UPS, and Coca-Cola. Companies like these have contributed to Georgia’s GDP of 602 million dollars in 2018, contributing 2.9% of the nation’s economy. If Georgia was a country on its own, it would be listed as the 28th largest economy in the world.
In FY 2018, Georgia SBA loan providers funded 1,730 businesses for total Georgia SBA loan volume of $1.2 million. The ten most popular lenders signing SBA-backed loans in Georgia are Metro City, Atlantic Capital, Live Oak, First IC, Wells Fargo, Touchmark National, Synovus Bank, Cadence Bank, Bank of Hope, SunTrust, and Quantum National. These ten lenders have funded 578 businesses with a loan volume of $468,008,441 in total.
Although these ten lenders are the most popular in Georgia, it doesn’t mean they are the right lenders for your industry and for your business size. After reading our analysis, please click apply now and we’d be happy to match you with the best SBA loan providers in Georgia.
Here at GoSBA Loans, we understand the struggle of finding the best and cheapest business loan for your business. We are best at accommodating businesses looking for capital, purchasing equipment, refinancing high-interest loans, and those who are interested in buying commercial property or financing building improvements. We make lending loans for small businesses to have an easier, faster, and more affordable process.
GoSBA Loans is proud to announce the top 50 California SBA lenders in 2024:
RANK | BANK | LOANS FUNDED | VOLUME FUNDED ($) |
1 | Metro City Bank | 46 | $70,260,300 |
2 | Atlantic Capital Bank, National Association | 54 | $64,799,300 |
3 | Live Oak Banking Company | 45 | $55,737,550 |
4 | First IC Bank | 48 | $50,238,000 |
5 | Wells Fargo Bank, National Association | 199 | $48,534,800 |
6 | Touchmark National Bank | 22 | $39,725,891 |
7 | Synovous Bank | 36 | $37,465,500 |
8 | Cadence Bank, National Association | 61 | 36,269,500 |
9 | Bank of Hope | 10 | $35,125,000 |
10 | SunTrust Bank | 57 | $29,852,600 |
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 Georgia.