GoSBA’s Top 50 Nevada SBA Lenders in 2020

Nevada holds the 32nd most populous state in America for having more than three million residents. It’s also ranked as the 35th-highest GDP per capita among all of the states in the U.S., with major cities such as Las Vegas, North Las Vegas, and Reno being the largest metropolitan areas in Nevada and where most of the population is concentrated in.

 

According to the U.S. Small Business Administration Office of Advocacy, there are over 250,000 small businesses that are up and running in Nevada that employs more than 400,000 people. In FY 2019, Nevada SBA loan providers funded 471 businesses for total Nevada SBA loan volume of $197,606,400. Popular industries include hotels, restaurants, dentist offices, and lessors of non-residential buildings.

 

One of the challenges that small businesses face is access to affordable financing. The highest ten lenders signing SBA-backed loans in Nevada are Seacoast Commerce Bank, U.S. Bank, Meadows Bank, Live Oak, Celtic Bank, Newtek Small Business Finance, City National Bank, Western Alliance, JPMorgan Chase, and Zions Bank.

 

These ten lenders have funded 235 businesses with a loan volume of over $109.6 million in total. However, just because these ten are the most popular, it doesn’t mean these are the right lenders for your industry and 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 Nevada.

 

Here at GoSBA Loans, we get it. You want the best and cheapest loan for your business. We’re the team who’d be happy to help small businesses find their capital, purchasing equipment, refinancing high-interest loans, and those who are interested in buying commercial property or financing building improvements. We make the process of lending loans easier, faster, and more affordable.

 

GoSBA Loans is proud to announce the top 50 Nevada SBA lenders in 2019.

 

RANK BANK LOANS FUNDED VOLUME FUNDED ($)
1 Seacoast Commerce Bank 16 $19,757,900
2 U.S. Bank, National Association 90 $15,312,200
3 Meadows Bank 7 $11,918,800
4 Live Oak Banking Company 6 $10,143,000
5 Celtic Bank Corporation 9 $10,033,700
6 Newtek Small Business Finance, Inc. 12 $10,011,000
7 City National Bank 6 $9,106,000
8 Western Alliance Bank 34 $8,469,300
9 JPMorgan Chase Bank, National Association 20 $8,068,300
10 Zions Bank, A Division of 35 $6,837,700
11 Bank of the West 9 $5,291,800
12 Wells Fargo Bank, National Association 44 $5,015,300
13 Bank of America, National Association 9 $4,977,900
14 US Metro Bank 2 $4,545,000
15 Plumas Bank 7 $4,199,600
16 BankUnited, National Association 4 $3,849,500
17 Stearns Bank National Association 14 $3,629,000
18 First Home Bank 14 $3,600,100
19 Readycap Lending, LLC 3 $3,082,000
20 BNB Bank 2 $3,078,000
21 Open Bank 4 $3,055,500
22 IncredibleBank 4 $2,817,000
23 Partners Bank of California 1 $2,777,000
24 Exchange Bank 2 $1,923,000
25 First Bank Financial Centre 3 $1,849,000
26 Fifth Third Bank 2 $1,813,200
27 Bank of Hope 3 $1,705,000
28 East West Bank 3 $1,692,000
29 First Foundation Bank 4 $1,588,000
30 Umpqua Bank 4 $1,563,000
31 Five Star Bank 6 $1,500,000
32 United Midwest Savings Bank, National Association 12 $1,490,000
33 Cadence Bank, National Association 6 $1,465,000
34 First Utah Bank 3 $1,421,400
35 Crestmark Bank 2 $1,300,000
36 Independence Bank 9 $1,250,000
37 America First FCU 5 $1,148,700
38 Greater Nevada CU 2 $1,075,000
39 Radius Bank 2 $1,033,000
40 Banner Bank 1 $981,000
41 Royal Business Bank 1 $875,000
42 CDC Small Business Finance Corporation 8 $808,000
43 CRF Small Business Loan Company, LLC 1 $795,000
44 Gulf Coast Bank and Trust Company 1 $725,000
45 Pacific City Bank 1 $725,000
46 Mutual of Omaha Bank 3 $664,600
47 Citizens Bank 1 $650,000
48 US Eagle FCU 1 $632,000
49 Fountainhead SBF LLC 1 $570,800
50 First Savings Bank 3 $570,000

 

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

Ishan Jetley

Ishan Jetley is the founder and managing director of GoSBALoans. Ishan has helped fund more than 400 businesses. He has helped businesses raise $150 million in SBA working capital, inventory and commercial property loans.

No Comments

Sorry, the comment form is closed at this time.