Best Brooklyn, NY SBA Lenders & Rates of 2026

Compare 63 SBA lenders in Brooklyn, NY. $243.5M funded across 619 businesses. Average rate 10.74%. Get matched free.

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Best Brooklyn, NY SBA Lenders & Rates of 2026

$243.5M
Total Funded

619
Loans Approved

$393K
Avg Loan Size

10.74%
Avg Interest Rate

63
Active Lenders

SBA Loans in Brooklyn, NY

Brooklyn, NY businesses received $243.5M in SBA 7(a) loan approvals across 619 businesses in 2025. With 63 active SBA lenders competing for business in Brooklyn, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Brooklyn is $393K, with rates averaging 10.74%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Brooklyn SBA Loans by Business Type

🚀 Startups
15%
$34.9M • 95 loans

🏢 Existing Businesses
82%
$180.6M • 506 loans

🔄 Acquisitions
3%
$27.9M • 17 loans

Top SBA Lenders in Brooklyn, NY (2025)

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

RankLenderVolumeLoansAvg Rate
1 Readycap Lending, LLC$25.1M6411.03%
2 FinWise Bank$20.1M1710.03%
3 TD Bank, National Association$19.7M12110.58%
4 Newtek Bank, National Association$19.2M3510.61%
5 Live Oak Banking Company$16.4M109.25%
6 Northeast Bank$15.5M7011.06%
7 JPMorgan Chase Bank, National Association$13.9M3910.73%
8 Hanmi Bank$7.9M39.67%
9 Lendistry SBLC, LLC$7.2M3211.80%
10 The Huntington National Bank$6.3M109.75%
11 Webster Bank National Association$5.5M169.09%
12 First Internet Bank of Indiana$5.0M110.25%
13 Bank of America, National Association$4.9M46.55%
14 Harvest Small Business Finance, LLC$4.7M39.75%
15 First Bank of the Lake$4.1M412.25%
16 BayFirst National Bank$4.1M3112.26%
17 Wells Fargo Bank National Association$3.7M16.15%
18 Manufacturers and Traders Trust Company$3.7M3211.62%
19 Citizens Bank, National Association$3.6M210.13%
20 Commonwealth Business Bank$3.1M28.38%
21 Bank of Hope$3.0M79.11%
22 First Savings Bank$2.9M18.75%
23 ConnectOne Bank$2.8M19.25%
24 Truist Bank$2.6M38.17%
25 CenTrust Bank, A Division of SmartBiz Bank National Associat$2.5M1211.29%
26 First American Bank$2.4M18.00%
27 Celtic Bank Corporation$2.3M1510.40%
28 Port 51 Lending LLC$2.3M39.92%
29 HomeTrust Bank$2.2M19.75%
30 United Midwest Savings Bank National Association$2.2M39.92%
31 KeyBank National Association$1.9M610.24%
32 InBank$1.8M210.38%
33 Heritage Bank Inc$1.8M410.44%
34 Northwest Bank$1.8M28.75%
35 Accion Opportunity Fund Community Development$1.3M410.88%
36 New York Business Development Corporation$1.1M210.25%
37 Hanover Community Bank$1.1M19.75%
38 Cadence Bank$1.0M410.25%
39 Byline Bank$975K110.25%
40 East West Bank$900K29.38%
41 Coastal States Bank$803K19.00%
42 Alma Bank$800K19.00%
43 First Pryority Bank$800K19.85%
44 Dime Community Bank$796K110.50%
45 Colony Bank$750K510.60%
46 Stone Bank$750K410.38%
47 Accompany Capital$725K39.99%
48 Grasshopper Bank National Association$700K211.88%
49 Cross River Bank$650K210.38%
50 Provident Bank$595K17.00%

Top Industries in Brooklyn

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

SBA Loans in New York

Brooklyn 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 Brooklyn?

GoSBA Loans helps Brooklyn businesses access the best SBA lenders:

  • Access 63+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Brooklyn
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Brooklyn SBA Loan

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

Looking for SBA loan help in Brooklyn? GoSBA Loans is a trusted SBA loan broker serving businesses in Brooklyn and across New York. Contact our Brooklyn 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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