Best Buffalo, NY SBA Lenders & Rates of 2026

Compare 19 SBA lenders in Buffalo, NY. $21.8M funded across 95 businesses. Average rate 10.67%. Get matched free.

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Best Buffalo, NY SBA Lenders & Rates of 2026

$21.8M
Total Funded

95
Loans Approved

$230K
Avg Loan Size

10.67%
Avg Interest Rate

19
Active Lenders

SBA Loans in Buffalo, NY

Buffalo, NY businesses received $21.8M in SBA 7(a) loan approvals across 95 businesses in 2025. With 19 active SBA lenders competing for business in Buffalo, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Buffalo is $230K, with rates averaging 10.67%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Buffalo SBA Loans by Business Type

🚀 Startups
36%
$4.6M • 34 loans

🏢 Existing Businesses
58%
$14.8M • 55 loans

🔄 Acquisitions
6%
$2.5M • 6 loans

Top SBA Lenders in Buffalo, NY (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Buffalo businesses:

RankLenderVolumeLoansAvg Rate
1 Manufacturers and Traders Trust Company$8.1M6311.15%
2 LendingClub Bank, National Association$3.1M19.50%
3 Bank of America, National Association$2.6M35.71%
4 Newtek Bank, National Association$2.3M311.50%
5 Five Star Bank$1.1M58.35%
6 Commonwealth Business Bank$1.0M18.75%
7 The Huntington National Bank$625K210.00%
8 Northeast Bank$550K210.25%
9 Wells Fargo Bank National Association$437K18.28%
10 Live Oak Banking Company$350K110.99%
11 KeyBank National Association$350K510.73%
12 CenTrust Bank, A Division of SmartBiz Bank National Associat$200K110.50%
13 Tompkins Community Bank$200K18.50%
14 22nd State Bank, A Division of 22nd State Banking Company$160K110.50%
15 Byline Bank$150K113.25%
16 BayFirst National Bank$150K112.25%
17 Hanover Community Bank$150K110.50%
18 Chemung Canal Trust Company$100K17.49%
19 Readycap Lending, LLC$80K113.50%

Top Industries in Buffalo

Here are the industries that received the most SBA funding in Buffalo:

SBA Loans in New York

Buffalo is part of New York‘s SBA lending market. For statewide data and more lender options, see our full New York SBA Lenders guide.

🤝 Why Use an SBA Broker in Buffalo?

GoSBA Loans helps Buffalo businesses access the best SBA lenders:

  • Access 19+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Buffalo
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Buffalo SBA Loan

Our team has helped hundreds of Buffalo businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Buffalo? GoSBA Loans is a trusted SBA loan broker serving businesses in Buffalo and across New York. Contact our Buffalo SBA specialists today for a free consultation.

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Ishan Jetley

Ishan 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.
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