CenTrust Bank, A Division of SmartBiz Bank SBA Loans (2027): Rates And Ranking
CenTrust Bank, A Division of SmartBiz Bank approved 974 SBA 7(a) loans worth $197M in FY2026, ranking #38 nationally by dollar volume. 1 of those loans financed business acquisitions.
Key Takeaways
- Headquartered in Northbrook, IL; lent in 10+ states.
- California was its largest state at $32.2M.
- Its top industry was Residential Remodelers.
- 0% of its SBA dollars financed acquisitions (national share 27%).
- Most loans went through the Preferred Lenders Program (974 loans).
Where CenTrust Bank, A Division of SmartBiz Bank Lends
Industries CenTrust Bank, A Division of SmartBiz Bank Funds
Does CenTrust Bank, A Division of SmartBiz Bank Finance Business Acquisitions?
CenTrust Bank, A Division of SmartBiz Bank closed 1 change of ownership loans in FY2026, averaging $845K.
Loan Sizes
Buying A Business?
We send your deal to CenTrust Bank, A Division of SmartBiz Bank and other SBA lenders that fit it, so they compete for your business. It is free to you.
CenTrust Bank, A Division of SmartBiz Bank SBA Lending Since 2020
FY2026 dollar volume was up 175.4% from FY2025, and the loan count was up 191.6%.
Is CenTrust Bank, A Division of SmartBiz Bank Right For Your Deal?
CenTrust Bank, A Division of SmartBiz Bank's average SBA loan was $202K (median $150K), below the national average, so it is active in smaller loans.
Loans averaged 10.1 years in term and 100% were variable rate. 1% went to startups or businesses under two years old, and 4% to franchises such as Subway.
Lenders ranked near CenTrust Bank, A Division of SmartBiz Bank nationally include VelocitySBA, Climate First Bank, Metro City Bank, T Bank. Comparing two or three of them on the same deal is the best way to see real terms.
Questions About CenTrust Bank, A Division of SmartBiz Bank SBA Loans
How many SBA loans did CenTrust Bank, A Division of SmartBiz Bank make in 2026?
CenTrust Bank, A Division of SmartBiz Bank approved 974 SBA 7(a) loans totaling $197M in FY2026 (October 2025 to September 2026), ranking #38 nationally by dollar volume.
What rate does CenTrust Bank, A Division of SmartBiz Bank charge on SBA loans?
Its average initial rate was 10.84% (10.45% weighted by loan size), and 100% of its loans were variable. Your rate depends on loan size, term and credit.
Does CenTrust Bank, A Division of SmartBiz Bank do SBA loans to buy a business?
Yes. It closed 1 business acquisition loans in FY2026, averaging $845K.
Where does CenTrust Bank, A Division of SmartBiz Bank make SBA loans?
Its largest states were California, Florida, Illinois, Texas, New York.
Does GoSBA Loans charge borrowers?
No. GoSBA Loans is 100% free to borrowers. We take your deal to the SBA lenders that fit it.
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About this data. Rankings use SBA 7(a) loan approvals from the SBA FOIA data set, fiscal year 2026 (October 1, 2025 to September 30, 2026), as published by SBA through September 30, 2026. Lenders are ranked by approved dollar volume. Rates are the initial rate at approval, a simple average across loans; most SBA 7(a) loans are variable and move with the Prime Rate. Business acquisition loans are those SBA marks as a change of ownership. GoSBA Loans is an SBA loan broker, not a lender, and is not affiliated with SBA.
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