GoSBA’s Top 50 Texas SBA Lenders in 2024
Texas holds a population of over 28 million people that contributes 8.4% of the whole population in the United States. If Texas were a country on its own, it would be ranked as the 13th highest GDP in the world. It must have been because of their oil industry that Texas is primarily known for, as well as for their wind power development for they are the largest producer of wind power in America.
Industries such as hotels, child day care services, gas stations, car washes, and restaurants are rising as popular businesses in Texas. In FY 2019, Texas SBA loan providers funded 3,730 businesses for total Texas SBA loan volume of over $2.53 billion. Texas has a growing number of female business owners as well, there are nearly one million businesses in Texas that are owned and operated by women.
One of the challenges businesses face is access to affordable financing. The ten most popular lenders signing SBA-backed loans in Texas are Live Oak, BBVA, Wells Fargo, Plains State, Celtic Bank, JPMorgan Chase, Wallis Bank, Veritex Community, Seacoast Commerce, and CapitalOne. These ten lenders have funded 1,178 businesses with a loan volume of $829.0 million in total. However, just because these ten lenders are the most popular, it doesn’t mean they are the right lenders for your industry and your business size. After reading our analysis, please click apply now and we’d be happy to match you with the best SBA loan providers in Texas.
Here at GoSBA Loans, we understand the struggle of finding the best and cheapest business loan for your business. We are best at accommodating businesses looking for capital, purchasing equipment, refinancing high-interest loans, and those who are interested in buying commercial property or financing building improvements. We make lending loans for small businesses to have an easier, faster, and more affordable process.
We are proud to announce the top 50 2020 GoSBA Lenders in Texas:
| RANK | BANK | LOANS FUNDED | VOLUME FUNDED ($) |
| 1 | Live Oak Banking Company | 105 | $145,864,000 |
| 2 | BBVA USA | 129 | $121,352,500 |
| 3 | Wells Fargo Bank, National Association | 415 | $115,984,700 |
| 4 | Plains State Bank | 37 | $74,520,600 |
| 5 | Celtic Bank Corporation | 80 | $72,915,600 |
| 6 | JPMorgan Chase Bank, National Association | 243 | $69,146,500 |
| 7 | Wallis Bank | 57 | $64,217,000 |
| 8 | Veritex Community Bank | 35 | $56,148,600 |
| 9 | Seacoast Commerce Bank | 36 | $55,122,600 |
| 10 | Capital One, National Association | 41 | $53,753,400 |
| 11 | Midwest Regional Bank | 95 | $51,096,600 |
| 12 | Metro City Bank | 17 | $50,620,000 |
| 13 | Frost Bank | 98 | $47,437,600 |
| 14 | Texas Capital Bank, National Association | 27 | $45,158,900 |
| 15 | Stearns Bank National Association | 129 | $43,364,000 |
| 16 | Commonwealth Business Bank | 28 | $36,973,000 |
| 17 | Allegiance Bank | 31 | $36,625,900 |
| 18 | Newtek Small Business Finance, Inc. | 64 | $33,145,100 |
| 19 | PlainsCapital Bank | 29 | $31,035,500 |
| 20 | Zions Bank, A Division of | 61 | $29,045,900 |
| 21 | First Home Bank | 120 | $28,899,000 |
| 22 | Spirit of Texas Bank, SSB | 72 | $28,554,900 |
| 23 | Comerica Bank | 69 | $28,161,100 |
| 24 | Byline Bank | 21 | $28,013,600 |
| 25 | Independent Bank | 39 | $26,516,000 |
| 26 | BankUnited, National Association | 18 | $23,649,000 |
| 27 | BancorpSouth Bank | 33 | $23,316,600 |
| 28 | US Metro Bank | 12 | $22,995,000 |
| 29 | Third Coast Bank SSB | 17 | $22,313,000 |
| 30 | Readycap Lending, LLC | 17 | $21,365,800 |
| 31 | Southwestern National Bank | 13 | $20,940,400 |
| 32 | Regions Bank | 25 | $20,702,800 |
| 33 | First Financial Bank | 10 | $20,446,000 |
| 34 | Pacific City Bank | 20 | $19,108,000 |
| 35 | Pioneer Bank, SSB | 19 | $19,063,300 |
| 36 | Bank of Hope | 51 | $18,726,000 |
| 37 | Bank of America, National Association | 34 | $18,114,300 |
| 38 | Texas Gulf Bank, National Association | 6 | $16,505,800 |
| 39 | First United Bank and Trust Company | 26 | $16,482,400 |
| 40 | First IC Bank | 12 | $16,298,000 |
| 41 | Open Bank | 13 | $16,291,500 |
| 42 | United Community Bank | 19 | $15,990,000 |
| 43 | IncredibleBank | 9 | $15,397,500 |
| 44 | Pacific Premier Bank | 8 | $15,279,700 |
| 45 | PromiseOne Bank | 10 | $15,043,000 |
| 46 | CommunityBank of Texas, National Association | 17 | $14,572,100 |
| 47 | Spectra Bank | 8 | $14,436,200 |
| 48 | First Commonwealth Bank | 14 | $14,367,100 |
| 49 | Affiliated Bank, National Association | 15 | $14,346,400 |
| 50 | Cadence Bank, National Association | 19 | $14,325,300 |
You can use our SBA loan calculator to estimate your payments and total financing costs before applying for an SBA loan.
Monthly SBA Loan Payment*
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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 Texas.
