GoSBA’s 100 Top SBA Lenders Of 2026
GoSBA’s 100 Top SBA Lenders in 2026
The most comprehensive SBA lender rankings available, based on our analysis of 68,435 SBA 7(a) loans totaling $33.8 billion approved in 2025. Find the perfect lender for your business acquisition, startup, working capital, or real estate needs.
📊 Data Source: SBA FOIA Records
📅 2025 Calendar Year Data
🏦 1,306 Lenders Analyzed
✅ Updated January 2026
📋 Quick Navigation
68,435
Total Loans in 2025
$33.8B
Total Funding Volume
$494K
Average Loan Size
10.15%
Average Interest Rate
Our Ranking Methodology
Unlike other “best lender” lists that rely on subjective criteria or advertiser relationships, our rankings are based on actual SBA 7(a) loan approval data obtained through Freedom of Information Act (FOIA) requests directly from the Small Business Administration.
Why Our Data is Different
- Proprietary FOIA Data: We analyzed 68,435 individual loan records from 2025
- Real Performance Metrics: Rankings based on actual loan approvals, not marketing claims
- Category-Specific Analysis: Separate rankings for startups, acquisitions, working capital, and real estate
- Interest Rate Transparency: Average rates by lender to help you find competitive pricing
- Current Data: 2025 calendar year data (January – December 2025)
Our rankings consider multiple factors including total loan volume, number of loans approved, average loan size, and average interest rates. This gives you a complete picture of each lender’s SBA lending activity and helps you find the right match for your specific needs.
Looking for expert guidance? Work with an SBA loan broker who can match you with the best lender for your situation—100% free to borrowers.
What is an SBA Loan?
SBA loans are small business loans partially guaranteed by the U.S. Small Business Administration. This government guarantee reduces lender risk, making it easier for small businesses to access affordable financing with favorable terms.
SBA 7(a) Loan Program
The SBA 7(a) program is the SBA’s primary and most flexible loan program. According to SOP 50 10 8 (effective June 1, 2025), 7(a) loans can be used for:
- Working Capital: Day-to-day operational expenses, inventory, and accounts receivable
- Business Acquisitions: Purchasing an existing business (change of ownership)
- Real Estate: Purchasing or refinancing commercial property
- Equipment: Machinery, furniture, fixtures, and equipment
- Debt Refinancing: Refinancing existing business debt under certain conditions
Maximum Loan Amount: $5,000,000 for standard 7(a) loans. The SBA guarantees up to 85% of loans $150,000 or less, and 75% of loans greater than $150,000.
Key Eligibility Requirements
Per SBA Standard Operating Procedures (SOP 50 10 8), businesses must meet these basic requirements:
- Operate for profit and be located in the United States
- Meet SBA size standards (varies by industry NAICS code)
- Demonstrate ability to repay from business cash flow
- Have invested equity (owner contribution)
- Use the loan proceeds for approved business purposes
- Not be delinquent on any existing government debt
Need help with a business acquisition? Our SBA loan brokers specialize in helping buyers secure financing.
Top 100 SBA Lenders Overall (2025)
These rankings represent the top 100 SBA 7(a) lenders based on total loan volume approved during the 2025 calendar year. The data includes all loan types: working capital, business acquisitions, real estate, and equipment financing.
| Rank | Lender Name | Total Loans | Total Volume | Avg Loan Size | Avg Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2,148 | $2,676,306,000 | $1,245,953 | 9.20% |
| 2 | The Huntington National Bank | 6,071 | $1,861,779,600 | $306,668 | 9.63% |
| 3 | Newtek Bank, National Association | 4,056 | $1,490,061,900 | $367,372 | 10.91% |
| 4 | Northeast Bank | 6,307 | $1,099,281,100 | $174,295 | 10.93% |
| 5 | Readycap Lending, LLC | 2,430 | $900,542,700 | $370,594 | 11.94% |
| 6 | U.S. Bank, National Association | 3,138 | $853,253,000 | $271,910 | 9.97% |
| 7 | First Internet Bank of Indiana | 474 | $675,205,800 | $1,424,485 | 9.96% |
| 8 | Celtic Bank Corporation | 1,440 | $551,790,200 | $383,188 | 10.45% |
| 9 | Byline Bank | 461 | $500,963,300 | $1,086,689 | 10.15% |
| 10 | GBank | 178 | $488,105,300 | $2,742,165 | 8.74% |
| 11 | Wells Fargo Bank National Association | 1,335 | $479,152,900 | $358,917 | 10.90% |
| 12 | JPMorgan Chase Bank, National Association | 1,471 | $464,820,800 | $315,990 | 10.87% |
| 13 | Harvest Small Business Finance, LLC | 462 | $462,523,800 | $1,001,134 | 9.98% |
| 14 | Bank of America, National Association | 753 | $452,699,500 | $601,195 | 7.60% |
| 15 | TD Bank, National Association | 2,935 | $423,107,500 | $144,159 | 10.42% |
| 16 | First Bank of the Lake | 575 | $392,815,500 | $683,157 | 10.70% |
| 17 | Port 51 Lending LLC | 217 | $359,498,000 | $1,656,673 | 9.72% |
| 18 | United Midwest Savings Bank National Association | 919 | $358,591,100 | $390,197 | 10.09% |
| 19 | US Metro Bank | 172 | $352,018,300 | $2,046,618 | 8.78% |
| 20 | Cadence Bank | 640 | $347,610,000 | $543,141 | 10.08% |
| 21 | Bank of Hope | 391 | $331,521,300 | $847,881 | 9.17% |
| 22 | Manufacturers and Traders Trust Company | 2,782 | $302,358,900 | $108,684 | 11.38% |
| 23 | Lendistry SBLC, LLC | 1,334 | $283,895,800 | $212,815 | 12.11% |
| 24 | Brookline Bank | 223 | $277,845,700 | $1,245,945 | 9.48% |
| 25 | Enterprise Bank & Trust | 167 | $273,949,400 | $1,640,416 | 8.00% |
| 26 | Pathward National Association | 124 | $267,595,800 | $2,158,031 | 9.72% |
| 27 | Zions Bank | 1,168 | $228,874,600 | $195,954 | 10.18% |
| 28 | BayFirst National Bank | 1,372 | $228,250,300 | $166,363 | 12.07% |
| 29 | Fifth Third Bank | 281 | $220,441,000 | $784,488 | 9.67% |
| 30 | KeyBank National Association | 661 | $214,906,100 | $325,123 | 10.33% |
| 31 | Citizens Bank | 270 | $211,041,200 | $781,634 | 9.95% |
| 32 | Truliant FCU | 160 | $202,185,800 | $1,263,661 | 10.16% |
| 33 | First Financial Bank | 177 | $199,866,900 | $1,129,192 | 8.61% |
| 34 | Old National Bank | 206 | $198,647,300 | $964,307 | 8.16% |
| 35 | Pinnacle Bank | 159 | $196,672,800 | $1,236,936 | 9.24% |
| 36 | Open Bank | 108 | $192,424,000 | $1,781,704 | 8.89% |
| 37 | Hanmi Bank | 215 | $189,777,600 | $882,687 | 8.98% |
| 38 | Metro City Bank | 102 | $187,099,600 | $1,834,310 | 8.60% |
| 39 | Community Bank & Trust-West Georgia | 107 | $179,795,300 | $1,680,330 | 10.06% |
| 40 | Northwest Bank | 174 | $172,356,900 | $990,557 | 9.54% |
| 41 | VelocitySBA, LLC | 165 | $159,143,800 | $964,508 | 10.13% |
| 42 | First National Bank of Pennsylvania | 160 | $152,846,700 | $955,292 | 9.28% |
| 43 | Centerstone SBA Lending, Inc. | 106 | $151,730,500 | $1,431,420 | 9.38% |
| 44 | T Bank, National Association | 85 | $147,981,600 | $1,740,960 | 9.46% |
| 45 | First Savings Bank | 116 | $145,978,600 | $1,258,436 | 9.74% |
| 46 | Climate First Bank | 127 | $144,223,800 | $1,135,620 | 9.90% |
| 47 | United Community Bank | 148 | $142,820,000 | $965,000 | 9.16% |
| 48 | Gulf Coast Bank and Trust Company | 142 | $140,984,200 | $992,846 | 10.30% |
| 49 | Dogwood State Bank | 146 | $140,627,400 | $963,201 | 9.91% |
| 50 | PCB Bank | 118 | $134,100,100 | $1,136,442 | 8.99% |
| 51 | The Bancorp Bank National Association | 111 | $131,149,400 | $1,181,526 | 8.65% |
| 52 | Regions Bank | 160 | $130,936,100 | $818,351 | 9.06% |
| 53 | Meridian Bank | 121 | $122,243,700 | $1,010,279 | 9.67% |
| 54 | Commonwealth Business Bank | 98 | $122,162,000 | $1,246,551 | 8.98% |
| 55 | Mission Valley Bank | 69 | $117,915,700 | $1,708,923 | 9.49% |
| 56 | Wilmington Savings Fund Society FSB | 155 | $117,732,000 | $759,561 | 9.65% |
| 57 | Shoreham Bank | 112 | $116,412,000 | $1,039,393 | 10.56% |
| 58 | East West Bank | 163 | $116,212,000 | $712,957 | 9.06% |
| 59 | City National Bank | 93 | $115,366,800 | $1,240,503 | 7.27% |
| 60 | Grasshopper Bank National Association | 219 | $113,783,600 | $519,560 | 11.04% |
| 61 | First Commonwealth Bank | 195 | $113,606,300 | $582,596 | 9.59% |
| 62 | Merchants Bank of Indiana | 81 | $113,576,900 | $1,402,184 | 9.40% |
| 63 | First-Citizens Bank & Trust Company | 111 | $110,935,500 | $999,419 | 9.72% |
| 64 | Bank Five Nine | 166 | $110,751,400 | $667,177 | 9.37% |
| 65 | Heritage Bank Inc | 148 | $110,688,300 | $747,894 | 10.68% |
| 66 | Midwest Regional Bank | 111 | $108,616,500 | $978,527 | 10.15% |
| 67 | CenTrust Bank | 541 | $106,600,000 | $197,043 | 11.49% |
| 68 | Milestone Bank | 62 | $104,818,400 | $1,690,619 | 9.93% |
| 69 | Truist Bank | 72 | $104,666,700 | $1,453,704 | 8.78% |
| 70 | Peoples Bank | 105 | $99,722,100 | $949,734 | 9.06% |
| 71 | Colony Bank | 215 | $98,856,600 | $459,798 | 10.49% |
| 72 | Southwestern National Bank | 61 | $98,188,500 | $1,609,648 | 8.84% |
| 73 | Banc of California | 63 | $95,804,300 | $1,520,703 | 7.58% |
| 74 | FinWise Bank | 84 | $91,263,000 | $1,086,464 | 10.08% |
| 75 | Stone Bank | 260 | $89,814,000 | $345,438 | 10.25% |
| 76 | CalPrivate Bank | 72 | $89,294,700 | $1,240,204 | 10.04% |
| 77 | First Bank | 90 | $87,689,700 | $974,330 | 10.12% |
| 78 | America First FCU | 74 | $87,128,400 | $1,177,411 | 7.67% |
| 79 | Hancock Whitney Bank | 109 | $86,411,100 | $792,762 | 9.74% |
| 80 | Comerica Bank | 131 | $86,135,200 | $657,521 | 8.72% |
| 81 | Wallis Bank | 85 | $85,818,300 | $1,009,627 | 9.21% |
| 82 | SouthState Bank, National Association | 131 | $85,135,000 | $649,885 | 9.53% |
| 83 | Hanover Community Bank | 88 | $83,875,700 | $953,133 | 10.03% |
| 84 | PNC Bank, National Association | 289 | $83,772,700 | $289,871 | 9.65% |
| 85 | OakStar Bank | 110 | $80,049,000 | $727,718 | 9.78% |
| 86 | Bankwell Bank | 79 | $78,235,000 | $990,316 | 10.25% |
| 87 | Texas Capital Bank | 46 | $78,100,600 | $1,697,839 | 6.90% |
| 88 | Columbia Bank | 666 | $75,143,600 | $112,828 | 12.12% |
| 89 | HomeTrust Bank | 72 | $72,065,200 | $1,000,906 | 9.70% |
| 90 | Fulton Bank, National Association | 102 | $70,770,800 | $693,831 | 9.75% |
| 91 | United FCU | 53 | $70,719,400 | $1,334,328 | 9.65% |
| 92 | Renasant Bank | 57 | $69,895,100 | $1,226,230 | 9.65% |
| 93 | FWBank | 63 | $69,551,500 | $1,103,992 | 9.58% |
| 94 | First Business Bank | 47 | $66,707,000 | $1,419,298 | 9.82% |
| 95 | Mountain America FCU | 224 | $66,582,200 | $297,242 | 10.48% |
| 96 | Banner Bank | 238 | $65,943,500 | $277,074 | 8.96% |
| 97 | Webster Bank National Association | 175 | $65,522,900 | $374,417 | 9.21% |
| 98 | Global One Bank | 30 | $65,218,000 | $2,173,933 | 8.88% |
| 99 | Woori America Bank | 80 | $63,889,500 | $798,619 | 9.09% |
| 100 | City National Bank of Florida | 89 | $63,695,000 | $715,674 | 10.21% |
Need Help Finding the Right SBA Lender?
Our SBA loan brokers work with 100+ lenders to find your best match—100% FREE to borrowers.
Get Free ConsultationBest 100 SBA Lenders for Startups (2025)
Starting a new business? These lenders have proven track records funding startups (businesses less than 2 years old). Per SBA SOP 50 10 8, startups may require additional documentation including detailed business plans and industry experience verification.
Startup Lending Insights
In 2025, SBA lenders approved over $4.5 billion in financing for startups. The average startup loan was $721,000 with an average rate of 9.73%. Live Oak Banking Company leads with $914M in startup funding.
| Rank | Lender Name | Startup Loans | Total Volume | Avg Loan Size | Avg Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 630 | $914,510,400 | $1,451,604 | 9.06% |
| 2 | The Huntington National Bank | 2,917 | $774,747,500 | $265,597 | 9.76% |
| 3 | First Bank of the Lake | 355 | $250,441,100 | $705,468 | 9.82% |
| 4 | Wells Fargo Bank National Association | 1,110 | $240,596,900 | $216,754 | 11.61% |
| 5 | First Internet Bank of Indiana | 147 | $206,408,000 | $1,404,136 | 9.93% |
| 6 | Celtic Bank Corporation | 204 | $204,352,400 | $1,001,727 | 10.17% |
| 7 | Newtek Bank, National Association | 616 | $203,270,800 | $329,985 | 10.86% |
| 8 | Bank of Hope | 161 | $200,395,300 | $1,244,691 | 8.75% |
| 9 | Readycap Lending, LLC | 248 | $189,082,900 | $762,431 | 10.12% |
| 10 | United Midwest Savings Bank National Association | 725 | $187,726,800 | $258,934 | 10.15% |
| 11 | U.S. Bank, National Association | 939 | $180,636,400 | $192,371 | 10.15% |
| 12 | Byline Bank | 159 | $168,659,500 | $1,060,752 | 10.13% |
| 13 | GBank | 54 | $147,857,700 | $2,738,106 | 8.75% |
| 14 | Citizens Bank | 194 | $134,969,200 | $695,718 | 10.01% |
| 15 | Bank of America, National Association | 202 | $134,503,900 | $665,861 | 6.62% |
| 16 | Manufacturers and Traders Trust Company | 1,137 | $125,102,600 | $110,029 | 11.29% |
| 17 | KeyBank National Association | 424 | $121,518,500 | $286,600 | 10.45% |
| 18 | Fifth Third Bank | 91 | $115,616,500 | $1,270,511 | 8.32% |
| 19 | TD Bank, National Association | 754 | $115,535,400 | $153,230 | 10.31% |
| 20 | US Metro Bank | 52 | $112,391,000 | $2,161,365 | 8.86% |
| 21 | Harvest Small Business Finance, LLC | 115 | $104,439,500 | $908,170 | 9.99% |
| 22 | Pinnacle Bank | 80 | $95,840,200 | $1,198,003 | 9.21% |
| 23 | Enterprise Bank & Trust | 47 | $86,969,100 | $1,850,406 | 8.27% |
| 24 | First National Bank of Pennsylvania | 88 | $83,012,600 | $943,325 | 9.15% |
| 25 | Northeast Bank | 718 | $81,611,300 | $113,665 | 11.04% |
| 26 | Bank Five Nine | 126 | $73,806,700 | $585,767 | 9.49% |
| 27 | Community Bank & Trust-West Georgia | 42 | $73,276,800 | $1,744,686 | 10.04% |
| 28 | Pathward National Association | 35 | $73,251,400 | $2,092,897 | 9.68% |
| 29 | United Community Bank | 83 | $72,986,000 | $879,349 | 9.16% |
| 30 | Peoples Bank | 60 | $72,882,300 | $1,214,705 | 9.12% |
| 31 | Climate First Bank | 79 | $70,650,400 | $894,309 | 9.97% |
| 32 | Gulf Coast Bank and Trust Company | 76 | $69,492,200 | $914,371 | 10.16% |
| 33 | Cadence Bank | 76 | $68,866,600 | $906,139 | 9.82% |
| 34 | First Financial Bank | 74 | $68,603,800 | $927,078 | 8.74% |
| 35 | Dogwood State Bank | 67 | $64,302,500 | $959,739 | 9.91% |
| 36 | Northwest Bank | 82 | $61,946,600 | $755,446 | 9.62% |
| 37 | Zions Bank | 382 | $60,091,700 | $157,308 | 10.60% |
| 38 | Port 51 Lending LLC | 48 | $59,949,000 | $1,248,938 | 9.65% |
| 39 | First Savings Bank | 47 | $57,727,900 | $1,228,253 | 9.55% |
| 40 | Metro City Bank | 35 | $54,817,000 | $1,566,200 | 8.69% |
| 41 | Brookline Bank | 50 | $54,781,500 | $1,095,630 | 9.42% |
| 42 | Wilmington Savings Fund Society FSB | 88 | $54,363,000 | $617,761 | 9.68% |
| 43 | First Commonwealth Bank | 104 | $54,169,500 | $520,861 | 9.88% |
| 44 | Old National Bank | 69 | $52,383,600 | $759,183 | 8.27% |
| 45 | Meridian Bank | 61 | $50,792,500 | $832,664 | 9.74% |
| 46 | Texas Capital Bank | 30 | $48,269,700 | $1,608,990 | 6.93% |
| 47 | FWBank | 46 | $47,789,900 | $1,038,911 | 9.66% |
| 48 | VelocitySBA, LLC | 47 | $45,950,800 | $977,677 | 10.15% |
| 49 | Wallis Bank | 46 | $45,593,800 | $991,170 | 9.22% |
| 50 | The Bancorp Bank National Association | 39 | $44,912,000 | $1,151,590 | 8.87% |
| 51 | Milestone Bank | 26 | $44,421,800 | $1,708,531 | 9.96% |
| 52 | HomeTrust Bank | 40 | $42,511,000 | $1,062,775 | 9.76% |
| 53 | First Business Bank | 25 | $42,281,000 | $1,691,240 | 9.99% |
| 54 | Merchants Bank of Indiana | 25 | $41,153,200 | $1,646,128 | 9.33% |
| 55 | Heritage Bank Inc | 32 | $38,971,000 | $1,217,844 | 10.13% |
| 56 | JPMorgan Chase Bank, National Association | 83 | $38,717,300 | $466,473 | 10.17% |
| 57 | America First FCU | 31 | $38,347,100 | $1,237,003 | 7.77% |
| 58 | Hanover Community Bank | 49 | $36,938,700 | $753,851 | 10.12% |
| 59 | Stone Bank | 18 | $35,904,000 | $1,994,667 | 9.47% |
| 60 | Hancock Whitney Bank | 54 | $34,707,900 | $642,739 | 9.74% |
| 61 | Magnifi Financial CU | 125 | $32,599,400 | $260,795 | 10.14% |
| 62 | OakStar Bank | 51 | $32,562,500 | $638,480 | 9.88% |
| 63 | Open Bank | 19 | $32,188,000 | $1,694,105 | 8.97% |
| 64 | First Service Bank | 24 | $31,582,900 | $1,315,954 | 9.21% |
| 65 | CDC Small Business Finance Corp. | 185 | $31,494,500 | $170,241 | 10.48% |
| 66 | Renasant Bank | 26 | $31,379,100 | $1,206,888 | 9.66% |
| 67 | Capital One, National Association | 29 | $31,318,000 | $1,079,931 | 6.99% |
| 68 | Leader Bank, National Association | 40 | $30,218,300 | $755,458 | 9.97% |
| 69 | Mission Valley Bank | 17 | $29,378,400 | $1,728,141 | 9.49% |
| 70 | Regions Bank | 33 | $28,879,300 | $875,130 | 8.55% |
| 71 | Frost Bank | 49 | $28,791,800 | $587,588 | 9.34% |
| 72 | Idaho Central CU | 57 | $28,615,100 | $502,019 | 10.01% |
| 73 | Hanmi Bank | 33 | $28,517,900 | $864,179 | 8.80% |
| 74 | Atlantic Union Bank | 42 | $27,981,500 | $666,226 | 9.74% |
| 75 | PNC Bank, National Association | 95 | $27,893,600 | $293,617 | 9.46% |
| 76 | b1BANK | 34 | $27,540,000 | $810,000 | 9.83% |
| 77 | Centerstone SBA Lending, Inc. | 22 | $27,114,000 | $1,232,455 | 9.35% |
| 78 | Stearns Bank National Association | 49 | $26,971,600 | $550,441 | 9.94% |
| 79 | Fulton Bank, National Association | 44 | $26,538,500 | $603,148 | 9.75% |
| 80 | SouthState Bank, National Association | 39 | $26,334,200 | $675,236 | 9.51% |
| 81 | Commonwealth Business Bank | 17 | $26,205,000 | $1,541,471 | 8.75% |
| 82 | Shoreham Bank | 22 | $26,109,500 | $1,186,795 | 9.82% |
| 83 | Southern Bancorp Bank | 20 | $25,648,200 | $1,282,410 | 7.90% |
| 84 | Provident Bank | 23 | $25,338,100 | $1,101,657 | 9.26% |
| 85 | Woori America Bank | 43 | $25,281,500 | $587,942 | 9.10% |
| 86 | ConnectOne Bank | 38 | $24,449,000 | $643,395 | 9.82% |
| 87 | Mountain America FCU | 88 | $23,940,300 | $272,049 | 10.49% |
| 88 | First Community Bank | 64 | $23,899,000 | $373,422 | 7.30% |
| 89 | PlainsCapital Bank | 59 | $23,776,700 | $402,995 | 10.05% |
| 90 | PCB Bank | 23 | $23,309,000 | $1,013,435 | 8.95% |
| 91 | Univest Bank and Trust Co | 33 | $23,207,000 | $703,242 | 10.02% |
| 92 | United FCU | 9 | $23,095,500 | $2,566,167 | 9.08% |
| 93 | First-Citizens Bank & Trust Company | 21 | $22,641,000 | $1,078,143 | 9.72% |
| 94 | First State Bank | 10 | $22,034,600 | $2,203,460 | 8.85% |
| 95 | Platinum Bank | 43 | $20,953,700 | $487,295 | 9.92% |
| 96 | Bank of Oak Ridge | 16 | $20,330,300 | $1,270,644 | 9.65% |
| 97 | Paradise Bank | 9 | $19,920,000 | $2,213,333 | 8.94% |
| 98 | Synovus Bank | 16 | $19,389,000 | $1,211,813 | 9.39% |
| 99 | Midwest Regional Bank | 26 | $18,925,000 | $727,885 | 10.12% |
| 100 | New Millennium Bank | 17 | $18,799,000 | $1,105,824 | 8.54% |
Best 100 SBA Lenders for Business Acquisitions (2025)
Buying an existing business requires specialized expertise. These lenders excel at funding change of ownership transactions, understanding business valuations, and structuring acquisition deals. Looking for expert help? Our SBA loan brokers for business acquisitions can guide you through the process.
Acquisition Lending Requirements (SOP 50 10 8)
- Business Valuation: Required for acquisitions over $250,000
- Equity Injection: Minimum 10% from buyer (may be higher for startups)
- Seller Note: May count toward equity if on full standby for 24+ months
- Goodwill Limit: Maximum 25-year amortization for intangible assets
| Rank | Lender Name | Acquisition Loans | Total Volume | Avg Loan Size | Avg Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 679 | $896,414,600 | $1,320,198 | 9.07% |
| 2 | The Huntington National Bank | 761 | $591,029,200 | $776,648 | 9.17% |
| 3 | First Internet Bank of Indiana | 264 | $372,483,800 | $1,410,923 | 9.95% |
| 4 | GBank | 99 | $286,317,200 | $2,892,093 | 8.71% |
| 5 | Byline Bank | 170 | $210,717,500 | $1,239,515 | 10.09% |
| 6 | Brookline Bank | 90 | $172,589,000 | $1,917,656 | 9.57% |
| 7 | Readycap Lending, LLC | 78 | $170,071,300 | $2,180,401 | 9.47% |
| 8 | Pathward National Association | 58 | $135,151,600 | $2,330,200 | 9.71% |
| 9 | Truliant FCU | 93 | $124,617,400 | $1,339,972 | 10.16% |
| 10 | Celtic Bank Corporation | 82 | $115,479,800 | $1,408,290 | 9.77% |
| 11 | US Metro Bank | 53 | $108,767,300 | $2,052,213 | 8.66% |
| 12 | Hanmi Bank | 122 | $108,133,000 | $886,336 | 9.17% |
| 13 | Port 51 Lending LLC | 57 | $96,672,000 | $1,696,000 | 10.18% |
| 14 | Open Bank | 49 | $95,411,000 | $1,947,163 | 8.96% |
| 15 | T Bank, National Association | 47 | $90,089,200 | $1,916,791 | 9.54% |
| 16 | Metro City Bank | 44 | $89,929,000 | $2,043,841 | 8.53% |
| 17 | PCB Bank | 67 | $87,414,600 | $1,304,696 | 8.96% |
| 18 | Old National Bank | 73 | $87,136,900 | $1,193,656 | 8.19% |
| 19 | First Financial Bank | 64 | $86,642,700 | $1,353,792 | 8.56% |
| 20 | United Midwest Savings Bank National Association | 90 | $85,077,200 | $945,302 | 9.87% |
| 21 | Centerstone SBA Lending, Inc. | 50 | $83,824,000 | $1,676,480 | 9.27% |
| 22 | Cadence Bank | 59 | $82,181,900 | $1,392,914 | 9.78% |
| 23 | Shoreham Bank | 21 | $65,827,500 | $3,134,643 | 8.90% |
| 24 | Dogwood State Bank | 59 | $62,937,300 | $1,066,734 | 9.92% |
| 25 | Southwestern National Bank | 28 | $58,195,000 | $2,078,393 | 8.72% |
| 26 | U.S. Bank, National Association | 65 | $57,631,900 | $886,645 | 8.30% |
| 27 | Midwest Regional Bank | 51 | $55,001,500 | $1,078,461 | 10.13% |
| 28 | Northwest Bank | 42 | $54,380,600 | $1,294,776 | 9.45% |
| 29 | VelocitySBA, LLC | 57 | $54,332,700 | $953,205 | 10.18% |
| 30 | Merchants Bank of Indiana | 31 | $50,602,700 | $1,632,345 | 9.40% |
| 31 | The Bancorp Bank National Association | 40 | $47,562,700 | $1,189,068 | 8.58% |
| 32 | Zions Bank | 73 | $47,020,400 | $644,115 | 8.67% |
| 33 | Manufacturers and Traders Trust Company | 92 | $46,205,600 | $502,235 | 9.60% |
| 34 | Global One Bank | 20 | $44,611,000 | $2,230,550 | 8.90% |
| 35 | Bank of Hope | 23 | $44,447,000 | $1,932,478 | 8.74% |
| 36 | United Community Bank | 38 | $44,436,000 | $1,169,368 | 9.21% |
| 37 | First-Citizens Bank & Trust Company | 21 | $42,229,000 | $2,010,905 | 9.23% |
| 38 | Bankwell Bank | 20 | $41,871,000 | $2,093,550 | 9.85% |
| 39 | Milestone Bank | 30 | $41,858,600 | $1,395,287 | 9.98% |
| 40 | Pinnacle Bank | 24 | $39,475,400 | $1,644,808 | 9.38% |
| 41 | Gulf Coast Bank and Trust Company | 24 | $38,926,900 | $1,621,954 | 9.99% |
| 42 | Newtek Bank, National Association | 52 | $38,735,500 | $744,913 | 10.36% |
| 43 | American Momentum Bank | 29 | $38,156,000 | $1,315,724 | 9.44% |
| 44 | Citizens Bank | 37 | $37,714,500 | $1,019,311 | 9.81% |
| 45 | Colony Bank | 21 | $37,083,500 | $1,765,881 | 10.05% |
| 46 | First Savings Bank | 28 | $36,326,000 | $1,297,357 | 9.79% |
| 47 | Wilmington Savings Fund Society FSB | 34 | $36,021,700 | $1,059,462 | 9.45% |
| 48 | Mountain Pacific Bank | 16 | $35,804,500 | $2,237,781 | 8.75% |
| 49 | Bank of America, National Association | 33 | $34,527,200 | $1,046,279 | 6.64% |
| 50 | Community Bank & Trust-West Georgia | 22 | $34,356,800 | $1,561,673 | 9.97% |
| 51 | Climate First Bank | 21 | $33,738,700 | $1,606,605 | 9.89% |
| 52 | Mission Valley Bank | 18 | $33,129,700 | $1,840,539 | 9.29% |
| 53 | First Bank | 21 | $32,309,000 | $1,538,524 | 9.96% |
| 54 | BayFirst National Bank | 54 | $32,282,000 | $597,815 | 10.17% |
| 55 | Comerica Bank | 17 | $31,741,300 | $1,867,135 | 7.41% |
| 56 | United FCU | 30 | $31,124,000 | $1,037,467 | 9.79% |
| 57 | American National Bank | 22 | $30,984,200 | $1,408,373 | 8.39% |
| 58 | First Bank of the Lake | 26 | $29,864,700 | $1,148,642 | 9.77% |
| 59 | Evolve Bank and Trust | 22 | $29,729,500 | $1,351,341 | 9.84% |
| 60 | Hanover Community Bank | 13 | $29,715,500 | $2,285,808 | 9.35% |
| 61 | First Bank of Central Ohio | 17 | $29,326,700 | $1,725,100 | 9.82% |
| 62 | Meridian Bank | 24 | $28,995,100 | $1,208,129 | 9.64% |
| 63 | First National Bank of Pennsylvania | 34 | $28,771,800 | $846,229 | 9.63% |
| 64 | Valley National Bank | 12 | $27,024,500 | $2,252,042 | 9.27% |
| 65 | Commonwealth Business Bank | 24 | $26,678,000 | $1,111,583 | 9.22% |
| 66 | The Fidelity Bank | 24 | $26,103,200 | $1,087,633 | 9.76% |
| 67 | Harvest Small Business Finance, LLC | 15 | $25,664,300 | $1,710,953 | 9.80% |
| 68 | First Horizon Bank | 15 | $24,801,300 | $1,653,420 | 8.98% |
| 69 | MISSINGMAINBANKID | 8 | $24,482,000 | $3,060,250 | 8.90% |
| 70 | East West Bank | 38 | $24,161,500 | $635,829 | 9.11% |
| 71 | Fulton Bank, National Association | 27 | $23,635,300 | $875,381 | 9.58% |
| 72 | First Western SBLC, Inc | 10 | $23,398,000 | $2,339,800 | 8.53% |
| 73 | Bank Five Nine | 17 | $23,025,400 | $1,354,435 | 9.08% |
| 74 | Fifth Third Bank | 19 | $22,953,300 | $1,208,068 | 8.09% |
| 75 | Synovus Bank | 7 | $21,812,000 | $3,116,000 | 8.96% |
| 76 | Hancock Whitney Bank | 25 | $21,679,300 | $867,172 | 9.78% |
| 77 | Banner Bank | 29 | $21,176,500 | $730,224 | 9.33% |
| 78 | Rockland Trust Company | 33 | $20,507,700 | $621,445 | 7.55% |
| 79 | Heritage Bank Inc | 13 | $20,367,500 | $1,566,731 | 10.06% |
| 80 | Plains State Bank | 6 | $20,364,400 | $3,394,067 | 8.00% |
| 81 | First Commonwealth Bank | 28 | $20,307,700 | $725,275 | 9.58% |
| 82 | PromiseOne Bank | 16 | $20,100,000 | $1,256,250 | 8.84% |
| 83 | Cogent Bank | 9 | $19,863,500 | $2,207,056 | 9.72% |
| 84 | OakStar Bank | 21 | $19,682,700 | $937,271 | 9.52% |
| 85 | Citizens Community Federal National Association | 13 | $19,662,500 | $1,512,500 | 9.35% |
| 86 | Plumas Bank | 23 | $19,231,300 | $836,143 | 8.21% |
| 87 | SouthState Bank, National Association | 26 | $18,832,200 | $724,315 | 9.78% |
| 88 | Peapack Private Bank and Trust | 14 | $18,748,000 | $1,339,143 | 9.30% |
| 89 | First Utah Bank | 6 | $18,236,500 | $3,039,417 | 9.58% |
| 90 | FFB Bank | 21 | $18,130,700 | $863,367 | 9.99% |
| 91 | First Business Bank | 14 | $17,984,000 | $1,284,571 | 9.68% |
| 92 | Alerus Financial, National Association | 9 | $17,542,400 | $1,949,156 | 8.44% |
| 93 | Leader Bank, National Association | 7 | $17,313,000 | $2,473,286 | 9.68% |
| 94 | Seacoast National Bank | 15 | $17,225,200 | $1,148,347 | 8.90% |
| 95 | Capital Community Bank | 15 | $16,734,800 | $1,115,653 | 9.83% |
| 96 | Busey Bank | 15 | $16,637,900 | $1,109,193 | 9.33% |
| 97 | Falcon National Bank | 20 | $16,329,200 | $816,460 | 9.04% |
| 98 | Renasant Bank | 12 | $15,851,400 | $1,320,950 | 9.77% |
| 99 | Bell Bank | 12 | $15,526,900 | $1,293,908 | 8.92% |
| 100 | Grasshopper Bank National Association | 8 | $15,450,000 | $1,931,250 | 9.91% |
Best 100 SBA Lenders for Working Capital (2025)
Working capital loans help businesses manage day-to-day operations, inventory, and cash flow. These lenders specialize in shorter-term financing with 10-year maximum terms. They understand operational needs and can move quickly on approvals.
Working Capital Loan Features
- Maximum Term: 10 years for working capital loans
- Use of Funds: Inventory, accounts receivable, operational expenses
- CAPLines: Revolving lines of credit available up to $5M
- Faster Processing: Often quicker approval than real estate loans
| Rank | Lender Name | WC Loans | Total Volume | Avg Loan Size | Avg Rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 5,064 | $1,321,288,900 | $260,918 | 9.76% |
| 2 | Newtek Bank, National Association | 3,871 | $1,312,529,500 | $339,067 | 10.93% |
| 3 | Live Oak Banking Company | 1,567 | $1,196,748,600 | $763,720 | 9.65% |
| 4 | Northeast Bank | 6,304 | $1,098,476,100 | $174,251 | 10.93% |
| 5 | Readycap Lending, LLC | 2,305 | $647,318,600 | $280,832 | 12.07% |
| 6 | First Internet Bank of Indiana | 434 | $591,233,800 | $1,362,290 | 9.98% |
| 7 | U.S. Bank, National Association | 1,471 | $397,251,100 | $270,055 | 11.01% |
| 8 | Byline Bank | 373 | $368,014,000 | $986,633 | 10.21% |
| 9 | JPMorgan Chase Bank, National Association | 1,183 | $343,521,100 | $290,381 | 11.02% |
| 10 | Celtic Bank Corporation | 1,312 | $316,586,700 | $241,301 | 10.53% |
| 11 | First Bank of the Lake | 541 | $314,203,700 | $580,783 | 10.79% |
| 12 | United Midwest Savings Bank National Association | 877 | $300,816,600 | $343,006 | 10.12% |
| 13 | TD Bank, National Association | 2,651 | $295,205,200 | $111,356 | 10.39% |
| 14 | Lendistry SBLC, LLC | 1,326 | $271,759,800 | $204,947 | 12.13% |
| 15 | Cadence Bank | 592 | $269,133,500 | $454,617 | 10.13% |
| 16 | Bank of America, National Association | 504 | $263,525,600 | $522,868 | 8.23% |
| 17 | Pathward National Association | 114 | $239,187,200 | $2,098,133 | 9.73% |
| 18 | BayFirst National Bank | 1,363 | $219,887,700 | $161,326 | 12.08% |
| 19 | Manufacturers and Traders Trust Company | 1,868 | $211,249,500 | $113,089 | 11.80% |
| 20 | Wells Fargo Bank National Association | 1,104 | $209,457,900 | $189,726 | 11.74% |
| 21 | Truliant FCU | 147 | $184,871,000 | $1,257,626 | 10.17% |
| 22 | KeyBank National Association | 548 | $181,504,100 | $331,212 | 10.29% |
| 23 | Zions Bank | 1,106 | $175,136,100 | $158,351 | 10.33% |
| 24 | Community Bank & Trust-West Georgia | 86 | $133,955,400 | $1,557,621 | 10.17% |
| 25 | Brookline Bank | 144 | $133,355,800 | $926,082 | 9.67% |
| 26 | Northwest Bank | 147 | $133,232,700 | $906,345 | 9.59% |
| 27 | First National Bank of Pennsylvania | 142 | $126,548,700 | $891,188 | 9.31% |
| 28 | Port 51 Lending LLC | 94 | $124,163,900 | $1,320,893 | 10.13% |
| 29 | Citizens Bank | 215 | $123,254,900 | $573,279 | 10.04% |
| 30 | Pinnacle Bank | 110 | $115,391,600 | $1,049,015 | 9.41% |
| 31 | Grasshopper Bank National Association | 219 | $113,783,600 | $519,560 | 11.04% |
| 32 | Bank of Hope | 223 | $112,054,700 | $502,487 | 9.27% |
| 33 | Dogwood State Bank | 119 | $108,848,500 | $914,693 | 9.93% |
| 34 | Climate First Bank | 111 | $107,636,800 | $969,701 | 10.04% |
| 35 | CenTrust Bank | 538 | $104,574,000 | $194,375 | 11.49% |
| 36 | T Bank, National Association | 54 | $101,599,600 | $1,881,474 | 9.59% |
| 37 | Old National Bank | 124 | $100,679,600 | $811,932 | 8.26% |
| 38 | United Community Bank | 123 | $95,280,000 | $774,634 | 9.28% |
| 39 | First Financial Bank | 84 | $93,166,900 | $1,109,130 | 8.97% |
| 40 | Hanmi Bank | 146 | $91,694,200 | $628,042 | 9.18% |
| 41 | VelocitySBA, LLC | 112 | $91,299,100 | $815,171 | 10.25% |
| 42 | Truist Bank | 57 | $84,179,300 | $1,476,830 | 8.77% |
| 43 | Gulf Coast Bank and Trust Company | 82 | $80,891,300 | $986,479 | 9.96% |
| 44 | The Bancorp Bank National Association | 73 | $79,945,900 | $1,095,149 | 8.64% |
| 45 | Meridian Bank | 95 | $77,230,700 | $812,955 | 9.77% |
| 46 | First Commonwealth Bank | 146 | $76,077,600 | $521,079 | 9.76% |
| 47 | Heritage Bank Inc | 129 | $75,171,300 | $582,723 | 10.79% |
| 48 | Fifth Third Bank | 205 | $73,405,800 | $358,077 | 10.41% |
| 49 | Wilmington Savings Fund Society FSB | 113 | $72,595,500 | $642,438 | 9.64% |
| 50 | Midwest Regional Bank | 85 | $68,036,500 | $800,429 | 10.14% |
| 51 | First Bank | 72 | $66,116,900 | $918,290 | 10.27% |
| 52 | Regions Bank | 118 | $65,702,300 | $556,799 | 9.41% |
| 53 | Colony Bank | 200 | $65,436,400 | $327,182 | 10.55% |
| 54 | Webster Bank National Association | 168 | $63,348,900 | $377,077 | 9.24% |
| 55 | First Savings Bank | 63 | $62,995,100 | $999,922 | 9.94% |
| 56 | Milestone Bank | 47 | $62,768,400 | $1,335,498 | 10.05% |
| 57 | City National Bank of Florida | 88 | $62,570,000 | $711,023 | 10.22% |
| 58 | CalPrivate Bank | 50 | $61,577,300 | $1,231,546 | 10.20% |
| 59 | Bankwell Bank | 68 | $61,509,000 | $904,544 | 10.31% |
| 60 | Hancock Whitney Bank | 85 | $59,534,400 | $700,405 | 9.81% |
| 61 | Columbia Bank | 654 | $59,118,500 | $90,395 | 12.18% |
| 62 | Comerica Bank | 116 | $57,442,800 | $495,197 | 8.85% |
| 63 | First-Citizens Bank & Trust Company | 76 | $57,423,500 | $755,572 | 9.94% |
| 64 | SouthState Bank, National Association | 104 | $56,993,500 | $548,014 | 9.83% |
| 65 | PNC Bank, National Association | 242 | $56,407,400 | $233,088 | 10.05% |
| 66 | FWBank | 53 | $56,059,400 | $1,057,725 | 9.61% |
| 67 | City National Bank | 53 | $55,232,700 | $1,042,126 | 7.94% |
| 68 | Merchants Bank of Indiana | 56 | $52,727,700 | $941,566 | 9.52% |
| 69 | FFB Bank | 53 | $50,833,900 | $959,130 | 10.02% |
| 70 | FinWise Bank | 67 | $49,956,000 | $745,612 | 10.20% |
| 71 | CDC Small Business Finance Corp. | 288 | $49,276,800 | $171,100 | 10.43% |
| 72 | First Business Bank | 35 | $48,818,000 | $1,394,800 | 10.09% |
| 73 | Centerstone SBA Lending, Inc. | 49 | $46,782,000 | $954,735 | 9.79% |
| 74 | Washington Trust Bank | 61 | $46,383,900 | $760,392 | 8.72% |
| 75 | Bank Five Nine | 121 | $45,498,100 | $376,017 | 9.57% |
| 76 | Citizens Bank, National Association | 75 | $44,994,400 | $599,925 | 9.91% |
| 77 | Banner Bank | 169 | $44,339,700 | $262,365 | 9.20% |
| 78 | Texas Capital Bank | 27 | $43,928,100 | $1,626,967 | 6.83% |
| 79 | Fulton Bank, National Association | 78 | $43,243,300 | $554,401 | 9.77% |
| 80 | Hanover Community Bank | 70 | $43,071,800 | $615,311 | 10.24% |
| 81 | GBank | 46 | $42,962,900 | $933,976 | 9.47% |
| 82 | East West Bank | 82 | $42,816,700 | $522,155 | 9.30% |
| 83 | Wallis Bank | 58 | $42,174,900 | $727,153 | 9.27% |
| 84 | Capital One, National Association | 52 | $41,797,700 | $803,802 | 7.66% |
| 85 | Synovus Bank | 24 | $41,218,000 | $1,717,417 | 9.21% |
| 86 | HomeTrust Bank | 50 | $41,137,500 | $822,750 | 9.89% |
| 87 | MISSINGMAINBANKID | 49 | $40,893,100 | $834,553 | 9.38% |
| 88 | American National Bank | 43 | $40,108,300 | $932,751 | 8.56% |
| 89 | Valley National Bank | 29 | $38,816,000 | $1,338,483 | 9.39% |
| 90 | Heritage Bank | 42 | $37,890,500 | $902,155 | 8.60% |
| 91 | Magnifi Financial CU | 143 | $37,816,800 | $264,453 | 10.15% |
| 92 | PCB Bank | 71 | $37,753,200 | $531,735 | 9.32% |
| 93 | First Bank of Central Ohio | 26 | $37,682,900 | $1,449,342 | 9.80% |
| 94 | Leader Bank, National Association | 56 | $37,377,400 | $667,454 | 9.76% |
| 95 | Metro City Bank | 31 | $36,091,000 | $1,164,226 | 9.00% |
| 96 | Stone Bank | 234 | $35,995,000 | $153,825 | 10.40% |
| 97 | Platinum Bank | 64 | $35,709,800 | $557,966 | 9.85% |
| 98 | OakStar Bank | 67 | $34,830,400 | $519,857 | 9.95% |
| 99 | Provident Bank | 37 | $34,801,300 | $940,576 | 9.55% |
| 100 | Commonwealth Business Bank | 48 | $34,362,000 | $715,875 | 9.27% |
Best 100 SBA Lenders for Real Estate (2025)
Commercial real estate purchases through SBA loans offer 25-year terms and competitive rates. These lenders specialize in owner-occupied commercial property financing. Need help navigating real estate financing? Our SBA loan brokers for real estate can help you find the best terms.
SBA Real Estate Loan Requirements (SOP 50 10 8)
- Maximum Term: 25 years for real estate (longest SBA term available)
- Occupancy: Business must occupy 51%+ of the property
- Appraisal: Required for all real estate transactions
- Environmental: Phase I environmental assessment typically required
- Down Payment: Typically 10-20% depending on transaction type
| Rank | Lender Name | RE Loans | Total Volume | Avg Loan Size | Avg Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 514 | $1,313,249,000 | $2,554,959 | 7.90% |
| 2 | Harvest Small Business Finance, LLC | 446 | $449,412,300 | $1,007,651 | 9.98% |
| 3 | GBank | 132 | $445,142,400 | $3,372,291 | 8.48% |
| 4 | The Huntington National Bank | 309 | $419,120,300 | $1,356,376 | 7.71% |
| 5 | U.S. Bank, National Association | 315 | $381,222,200 | $1,210,229 | 7.35% |
| 6 | US Metro Bank | 143 | $332,543,300 | $2,325,478 | 8.64% |
| 7 | Enterprise Bank & Trust | 157 | $265,665,200 | $1,692,135 | 8.01% |
| 8 | Wells Fargo Bank National Association | 205 | $250,474,500 | $1,221,827 | 6.74% |
| 9 | Readycap Lending, LLC | 120 | $241,814,100 | $2,015,118 | 9.38% |
| 10 | Port 51 Lending LLC | 123 | $235,334,100 | $1,913,285 | 9.40% |
| 11 | Celtic Bank Corporation | 126 | $229,311,500 | $1,819,933 | 9.66% |
| 12 | Bank of Hope | 89 | $200,180,600 | $2,249,220 | 8.42% |
| 13 | Open Bank | 71 | $169,912,000 | $2,393,127 | 8.61% |
| 14 | Newtek Bank, National Association | 138 | $164,892,400 | $1,194,872 | 10.26% |
| 15 | Bank of America, National Association | 206 | $150,939,200 | $732,715 | 6.30% |
| 16 | Metro City Bank | 67 | $147,033,600 | $2,194,531 | 8.42% |
| 17 | Fifth Third Bank | 67 | $138,455,900 | $2,066,506 | 7.61% |
| 18 | Byline Bank | 75 | $114,819,000 | $1,530,920 | 9.93% |
| 19 | Shoreham Bank | 41 | $105,162,500 | $2,564,939 | 9.08% |
| 20 | Centerstone SBA Lending, Inc. | 57 | $104,948,500 | $1,841,202 | 9.03% |
| 21 | PCB Bank | 44 | $95,876,900 | $2,179,020 | 8.41% |
| 22 | Hanmi Bank | 66 | $94,817,400 | $1,436,627 | 8.57% |
| 23 | Southwestern National Bank | 48 | $90,701,500 | $1,889,615 | 8.66% |
| 24 | Mission Valley Bank | 37 | $87,514,900 | $2,365,268 | 8.93% |
| 25 | Citizens Bank | 52 | $86,181,300 | $1,657,333 | 9.58% |
| 26 | TD Bank, National Association | 77 | $84,851,900 | $1,101,973 | 8.25% |
| 27 | Brookline Bank | 44 | $83,510,300 | $1,897,961 | 9.39% |
| 28 | Commonwealth Business Bank | 48 | $82,150,000 | $1,711,458 | 8.70% |
| 29 | First Savings Bank | 45 | $81,618,300 | $1,813,740 | 9.78% |
| 30 | JPMorgan Chase Bank, National Association | 83 | $80,018,500 | $964,078 | 7.06% |
| 31 | Cadence Bank | 44 | $73,764,500 | $1,676,466 | 9.36% |
| 32 | Old National Bank | 41 | $72,397,600 | $1,765,795 | 7.42% |
| 33 | Pinnacle Bank | 43 | $70,918,600 | $1,649,270 | 8.87% |
| 34 | America First FCU | 49 | $70,847,900 | $1,445,876 | 7.29% |
| 35 | East West Bank | 50 | $70,736,300 | $1,414,726 | 7.93% |
| 36 | First Financial Bank | 49 | $70,213,100 | $1,432,920 | 8.25% |
| 37 | VelocitySBA, LLC | 53 | $67,844,700 | $1,280,089 | 9.88% |
| 38 | First Bank of the Lake | 30 | $67,204,100 | $2,240,137 | 9.21% |
| 39 | Peoples Bank | 30 | $66,595,900 | $2,219,863 | 8.73% |
| 40 | Bank Five Nine | 44 | $64,808,700 | $1,472,925 | 8.83% |
| 41 | Banc of California | 37 | $64,676,700 | $1,748,019 | 7.35% |
| 42 | Merchants Bank of Indiana | 23 | $57,105,300 | $2,482,839 | 9.10% |
| 43 | United Midwest Savings Bank National Association | 41 | $56,976,500 | $1,389,671 | 9.49% |
| 44 | Global One Bank | 19 | $56,421,000 | $2,969,526 | 8.70% |
| 45 | Gulf Coast Bank and Trust Company | 37 | $56,177,500 | $1,518,311 | 9.80% |
| 46 | City National Bank | 39 | $55,934,100 | $1,434,208 | 6.41% |
| 47 | United FCU | 29 | $52,357,400 | $1,805,428 | 9.46% |
| 48 | Stone Bank | 23 | $51,719,000 | $2,248,652 | 9.07% |
| 49 | The Bancorp Bank National Association | 26 | $47,993,600 | $1,845,908 | 8.38% |
| 50 | First Internet Bank of Indiana | 23 | $46,225,000 | $2,009,783 | 9.54% |
| 51 | PromiseOne Bank | 24 | $44,851,500 | $1,868,813 | 8.30% |
| 52 | First-Citizens Bank & Trust Company | 30 | $44,668,000 | $1,488,933 | 9.17% |
| 53 | Wilmington Savings Fund Society FSB | 40 | $44,316,500 | $1,107,913 | 9.69% |
| 54 | Zions Bank | 45 | $42,750,000 | $950,000 | 7.04% |
| 55 | Milestone Bank | 15 | $42,050,000 | $2,803,333 | 9.57% |
| 56 | FinWise Bank | 17 | $41,307,000 | $2,429,824 | 9.60% |
| 57 | Community Bank & Trust-West Georgia | 18 | $40,891,900 | $2,271,772 | 9.53% |
| 58 | Wallis Bank | 21 | $40,796,900 | $1,942,710 | 8.95% |
| 59 | Hanover Community Bank | 17 | $38,612,900 | $2,271,347 | 9.26% |
| 60 | United Community Bank | 19 | $38,390,000 | $2,020,526 | 8.64% |
| 61 | T Bank, National Association | 24 | $38,256,600 | $1,594,025 | 9.13% |
| 62 | MidFirst Bank | 23 | $37,890,700 | $1,647,422 | 7.22% |
| 63 | Woori America Bank | 20 | $37,754,000 | $1,887,700 | 8.59% |
| 64 | Mountain Pacific Bank | 16 | $37,006,500 | $2,312,906 | 8.77% |
| 65 | Renasant Bank | 21 | $36,670,000 | $1,746,190 | 9.49% |
| 66 | Millennium Bank | 12 | $35,804,200 | $2,983,683 | 9.10% |
| 67 | Commercial Bank of California | 15 | $35,126,000 | $2,341,733 | 8.87% |
| 68 | Mountain America FCU | 42 | $34,144,700 | $812,969 | 7.41% |
| 69 | Heritage Bank Inc | 18 | $33,805,000 | $1,878,056 | 9.90% |
| 70 | American Bank | 13 | $33,698,200 | $2,592,169 | 9.56% |
| 71 | OakStar Bank | 29 | $33,276,100 | $1,147,452 | 9.54% |
| 72 | Meridian Bank | 21 | $33,080,000 | $1,575,238 | 9.35% |
| 73 | Regions Bank | 22 | $30,909,900 | $1,404,995 | 7.80% |
| 74 | First Commonwealth Bank | 35 | $30,712,700 | $877,506 | 9.30% |
| 75 | Seacoast National Bank | 20 | $30,661,900 | $1,533,095 | 8.70% |
| 76 | American Momentum Bank | 15 | $30,534,000 | $2,035,600 | 9.17% |
| 77 | Southern Bancorp Bank | 13 | $30,365,100 | $2,335,777 | 7.71% |
| 78 | New Millennium Bank | 14 | $29,876,000 | $2,134,000 | 8.38% |
| 79 | Plumas Bank | 19 | $29,505,100 | $1,552,900 | 7.83% |
| 80 | Signature Bank of Georgia | 14 | $28,656,600 | $2,046,900 | 9.29% |
| 81 | Colony Bank | 13 | $28,072,300 | $2,159,408 | 9.77% |
| 82 | Dogwood State Bank | 23 | $27,753,800 | $1,206,687 | 9.86% |
| 83 | CalPrivate Bank | 22 | $27,717,400 | $1,259,882 | 9.69% |
| 84 | BMO Bank National Association | 18 | $27,660,800 | $1,536,711 | 5.83% |
| 85 | Evolve Bank and Trust | 14 | $27,513,400 | $1,965,243 | 9.43% |
| 86 | HomeTrust Bank | 19 | $27,415,000 | $1,442,895 | 9.32% |
| 87 | Texas Capital Bank | 12 | $26,664,400 | $2,222,033 | 6.75% |
| 88 | UMB Bank, National Association | 23 | $26,170,500 | $1,137,848 | 7.21% |
| 89 | First Western SBLC, Inc | 12 | $25,137,000 | $2,094,750 | 8.65% |
| 90 | Paradise Bank | 12 | $24,974,000 | $2,081,167 | 9.06% |
| 91 | SouthState Bank, National Association | 20 | $24,274,500 | $1,213,725 | 8.11% |
| 92 | Northwest Bank | 14 | $23,691,000 | $1,692,214 | 9.48% |
| 93 | American Continental Bank | 15 | $23,676,700 | $1,578,447 | 8.47% |
| 94 | Midwest Regional Bank | 20 | $23,670,000 | $1,183,500 | 10.16% |
| 95 | Climate First Bank | 11 | $23,183,800 | $2,107,618 | 8.61% |
| 96 | Stearns Bank National Association | 15 | $22,954,800 | $1,530,320 | 9.27% |
| 97 | Fremont Bank | 12 | $22,524,500 | $1,877,042 | 9.04% |
| 98 | KeyBank National Association | 27 | $22,264,500 | $824,611 | 9.41% |
| 99 | Plains State Bank | 6 | $22,064,400 | $3,677,400 | 7.92% |
| 100 | Peapack Private Bank and Trust | 15 | $21,648,500 | $1,443,233 | 9.25% |
How to Choose the Right SBA Lender
With over 1,300 active SBA lenders, selecting the right one can significantly impact your approval chances, interest rate, and overall experience. Here’s what to consider:
1. Preferred Lender Program (PLP) Status
PLP lenders have delegated authority from the SBA to approve loans without SBA review, resulting in faster processing times (often 2-3 weeks faster). Most top lenders in our rankings are PLP lenders.
2. Industry Specialization
Some lenders specialize in specific industries. For example:
- Live Oak Banking: Veterinary, dental practices, funeral homes, agriculture
- Celtic Bank: Franchise financing, hospitality
- Byline Bank: Manufacturing, professional services
3. Loan Size Match
Match your loan amount to the lender’s typical range. Requesting a $100K loan from a lender averaging $2M+ loans (like GBank) may not be the best fit, while large loans may overwhelm smaller community lenders.
4. Geographic Presence
While many SBA lenders operate nationally, some prefer borrowers in specific regions. Check our state-specific lender pages for local recommendations.
5. Interest Rate Competitiveness
Our data shows average rates ranging from 6.30% (Bank of America for real estate) to 12.13% (Lendistry for working capital). Compare rates within your loan category.
Let Us Match You With the Perfect Lender
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Get Your Free MatchSBA Loan Application Checklist
Being prepared with the right documentation can significantly speed up your SBA loan approval. Here’s what most lenders require:
Personal Documents
- Government-issued photo ID for all owners with 20%+ ownership
- Personal financial statements (SBA Form 413)
- Personal tax returns (3 years)
- Resume showing relevant industry experience
Business Documents
- Business tax returns (3 years, if applicable)
- Year-to-date profit & loss statement
- Balance sheet
- Business debt schedule
- Business licenses and registrations
- Articles of incorporation/organization
For Business Acquisitions
- Letter of Intent or Purchase Agreement
- Seller’s tax returns (3 years)
- Seller’s financial statements
- Business valuation (required for deals over $250K)
- Asset purchase agreement or stock purchase agreement
For Real Estate
- Purchase contract
- Property appraisal
- Phase I environmental assessment
- Title insurance
- Building inspection report
Debt Service Coverage Requirement: Per SOP 50 10 8, most lenders require a minimum 1.15x debt service coverage ratio, meaning your business cash flow must be at least 115% of your total debt payments.
SBA Loan Rates & Terms 2026
SBA interest rates are regulated and capped based on loan amount and term. Here’s what you need to know about current rates:
Interest Rate Caps (SOP 50 10 8)
SBA 7(a) loans have maximum interest rate spreads above the Prime Rate (currently 7.50% as of January 2026):
| Loan Amount | Maturity | Max Spread | Max Rate (Current) |
|---|---|---|---|
| $50,000 or less | Less than 7 years | Prime + 6.5% | 14.00% |
| $50,000 or less | 7 years or more | Prime + 6.5% | 14.00% |
| $50,001 – $250,000 | Less than 7 years | Prime + 6.0% | 13.50% |
| $50,001 – $250,000 | 7 years or more | Prime + 6.5% | 14.00% |
| $250,001 – $350,000 | Less than 7 years | Prime + 4.5% | 12.00% |
| $250,001 – $350,000 | 7 years or more | Prime + 5.0% | 12.50% |
| Over $350,000 | Less than 7 years | Prime + 3.0% | 10.50% |
| Over $350,000 | 7 years or more | Prime + 3.0% | 10.50% |
Loan Terms by Purpose
| Loan Purpose | Maximum Term | Typical Range |
|---|---|---|
| Working Capital | 10 years | 7-10 years |
| Equipment | Useful life (max 25 years) | 5-10 years |
| Real Estate | 25 years | 20-25 years |
| Business Acquisition | 10 years | 10 years |
| Mixed Purpose | Blended based on use | 10-25 years |
SBA Guarantee Fees
The SBA charges guarantee fees based on loan amount and term:
- Loans $150,000 or less: No upfront guarantee fee
- Loans $150,001 – $700,000: 3.0% of guaranteed portion
- Loans $700,001 – $1,000,000: 3.5% of guaranteed portion
- Loans over $1,000,000: 3.5% on first $1M + 3.75% on amount over $1M
Frequently Asked Questions
What credit score do I need for an SBA loan?
While the SBA doesn’t set a minimum credit score, most lenders require at least 650-680 for SBA 7(a) loans. Top-tier rates typically require scores of 700+. Some lenders specialize in lower credit scores with compensating factors like strong cash flow or substantial collateral.
How long does SBA loan approval take?
Approval timelines vary by lender and loan complexity. PLP (Preferred Lender Program) lenders can approve loans in 2-4 weeks. Non-PLP lenders typically take 4-8 weeks as loans require SBA review. Real estate transactions often take longer due to appraisal and environmental requirements.
Can I get an SBA loan for a startup?
Yes! In 2025, over $4.5 billion in SBA loans went to startups (businesses less than 2 years old). Startups typically need relevant industry experience, a solid business plan, and adequate equity injection. See our Top 100 Startup Lenders for the best options.
What can SBA loan funds be used for?
SBA 7(a) loans can be used for working capital, equipment purchases, real estate acquisition, business acquisitions, inventory, debt refinancing (under certain conditions), and leasehold improvements. Funds cannot be used for speculative purposes, floor plan financing, or to pay delinquent taxes.
What is the maximum SBA loan amount?
The maximum SBA 7(a) loan amount is $5 million. The SBA guarantees up to 85% of loans $150,000 or less, and 75% of loans over $150,000. For real estate, the SBA 504 program offers loans up to $5.5 million.
Do I need collateral for an SBA loan?
The SBA requires lenders to collateralize loans to the maximum extent possible, but a lack of collateral alone cannot be the reason for denial. Most SBA loans require a personal guarantee from all owners with 20%+ ownership. Real estate and equipment purchased with loan proceeds typically serve as collateral.
What is a PLP lender?
PLP (Preferred Lender Program) lenders have delegated authority from the SBA to approve loans without SBA review. This typically results in faster approval times (2-3 weeks faster than non-PLP lenders). Most high-volume SBA lenders in our rankings are PLP lenders.
How much down payment do I need for an SBA loan?
Equity injection requirements vary by loan type. Working capital loans typically require 10% minimum. Business acquisitions usually require 10-20% depending on circumstances. Real estate purchases typically require 10-15%. Startups may require higher equity injection (20-30%) depending on risk factors.
What is the current SBA loan interest rate?
SBA interest rates are tied to the Prime Rate (currently 7.50%) plus a spread. Our 2025 data shows average rates ranging from 6.30% for real estate to 12.13% for working capital, depending on lender, loan size, and borrower qualifications. Maximum rates are capped by the SBA based on loan amount and term.
Can I use an SBA loan to buy a franchise?
Yes! Franchise financing is one of the most common uses of SBA loans. The franchise must be listed in the SBA Franchise Directory. Lenders like Celtic Bank and First Internet Bank specialize in franchise financing. The SBA has pre-approved thousands of franchise systems for expedited processing.
Ready to Get Started?
Let GoSBA Loans connect you with the perfect lender for your needs. Our SBA loan broker services are 100% FREE to borrowers. Whether you need financing for a business acquisition, commercial real estate, or working capital, we’re here to help.
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Data Source: SBA FOIA Records (January – December 2025) | Last Updated: January 2026
Rankings based on analysis of 68,435 SBA 7(a) loans totaling $33.8 billion.
Ishan Jetley
http://gosbaloans.comIshan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.