Best SBA Lenders in Cary, NC (2026)
2025 FOIA data: top lenders, rates & industries for Cary SBA loans
SBA Loans in Cary, North Carolina
Looking for an SBA loan in Cary, North Carolina? Based on 2025 FOIA data, 45 SBA 7(a) loans were funded in Cary totaling $25.9M, supporting an estimated 405 jobs. With 30 active lenders competing for business in the Cary market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Cary is $576K at an average rate of 10.4%. The top lender in Cary is Comerica Bank, with the most-funded industry being Residential Property Managers. See all North Carolina SBA lenders for statewide rankings.
SBA Loans in Cary by Business Type
Whether you’re starting a new business in Cary, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 24% of SBA loans in Cary (10 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 38% (7 loans) — if you’re looking to buy a business in Cary, this is a proven use case for SBA financing. Existing businesses make up 17% and typically receive the most favorable terms.
Top SBA Lenders in Cary, NC (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Cary businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Comerica Bank | $3.7M | 2 | 8% |
| 2 | First National Bank of Pennsylvania | $3.5M | 3 | 9.42% |
| 3 | Bank of Oak Ridge | $2.8M | 1 | 10% |
| 4 | CIBC Bank USA | $2.8M | 2 | 9.88% |
| 5 | Live Oak Banking Company | $1.8M | 2 | 10% |
| 6 | Cadence Bank | $1.6M | 2 | 10.12% |
| 7 | First Bank | $1.2M | 1 | 10.5% |
| 8 | Newtek Bank, National Association | $1.1M | 2 | 12.25% |
| 9 | Northeast Bank | $894K | 5 | 11.1% |
| 10 | Pinnacle Bank | $868K | 1 | 8.5% |
The top lenders in Cary have direct experience with local businesses and understand the Cary 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 Cary 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 Cary
One 5-minute application. 30+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Cary
These are the industries that received the most SBA 7(a) funding in Cary 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 |
|---|---|---|
| Residential Property Managers | 2 | $3.7M |
| All Other Amusement and Recreation Industries | 1 | $2.8M |
| Engineering Services | 2 | $2.8M |
| Fitness and Recreational Sports Centers | 3 | $2.6M |
| Offices of All Other Miscellaneous Health Practitioners | 2 | $2.5M |
| General Freight Trucking, Long Distance, Truckload | 1 | $1.5M |
| Data Processing, Hosting, and Related Services | 1 | $1.0M |
| Private Mail Centers | 1 | $968K |
| Homes for the Elderly | 1 | $790K |
| Limited-Service Restaurants | 1 | $672K |
Lenders with experience funding your specific industry in Cary 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 Cary
Option 1: Apply directly to one of the top Cary 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 Cary-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.
