Best SBA Lenders in Anchorage, AK (2026)
2025 FOIA data: top lenders, rates & industries for Anchorage SBA loans
SBA Loans in Anchorage, Alaska
Looking for an SBA loan in Anchorage, Alaska? Based on 2025 FOIA data, 48 SBA 7(a) loans were funded in Anchorage totaling $37.3M, supporting an estimated 511 jobs. With 15 active lenders competing for business in the Anchorage market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Anchorage is $777K at an average rate of 10.43%. The top lender in Anchorage is Alaska Growth Capital BIDCO, Inc., with the most-funded industry being Scheduled Passenger Air Transportation. See all Alaska SBA lenders for statewide rankings.
SBA Loans in Anchorage by Business Type
Whether you’re starting a new business in Anchorage, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 19% of SBA loans in Anchorage (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 19% (5 loans) — if you’re looking to buy a business in Anchorage, this is a proven use case for SBA financing. Existing businesses make up 53% and typically receive the most favorable terms.
Top SBA Lenders in Anchorage, AK (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Anchorage businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Alaska Growth Capital BIDCO, Inc. | $10.6M | 12 | 10.62% |
| 2 | Wells Fargo Bank National Association | $6.2M | 3 | 6.28% |
| 3 | Community Bank & Trust-West Georgia | $5.5M | 3 | 10.67% |
| 4 | Live Oak Banking Company | $5.0M | 3 | 9.58% |
| 5 | Newtek Bank, National Association | $3.0M | 4 | 11% |
| 6 | Readycap Lending, LLC | $1.9M | 5 | 10.9% |
| 7 | Lexicon Bank | $1.3M | 1 | 9% |
| 8 | First National Bank Alaska | $1.0M | 2 | 9.12% |
| 9 | KeyBank National Association | $695K | 6 | 10.63% |
| 10 | First Savings Bank | $640K | 1 | 10.5% |
The top lenders in Anchorage have direct experience with local businesses and understand the Anchorage market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Anchorage and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Anchorage
One 5-minute application. 15+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Anchorage
These are the industries that received the most SBA 7(a) funding in Anchorage in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Scheduled Passenger Air Transportation | 1 | $4.4M |
| Homes for the Elderly | 2 | $4.1M |
| Crude Petroleum and Natural Gas | 1 | $3.7M |
| Nursing Care Facilities | 1 | $1.5M |
| Snack and Nonalcoholic Beverage Bars | 2 | $1.5M |
| Support Activities for Oil and Gas Operations | 1 | $1.3M |
| All Other Professional, Scientific, and Technical Services | 2 | $1.1M |
| Advertising Agencies | 1 | $1.0M |
| General Automotive Repair | 1 | $978K |
| Home Health Care Services | 1 | $850K |
Lenders with experience funding your specific industry in Anchorage understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Anchorage
Option 1: Apply directly to one of the top Anchorage lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Anchorage-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
