Best Miami, FL SBA Lenders & Rates of 2026

Compare 69 SBA lenders in Miami, FL. $226.6M funded across 583 businesses. Average rate 10.79%. Get matched free.

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Best Miami, FL SBA Lenders & Rates of 2026

$226.6M
Total Funded

583
Loans Approved

$389K
Avg Loan Size

10.79%
Avg Interest Rate

69
Active Lenders

SBA Loans in Miami, FL

Miami, FL businesses received $226.6M in SBA 7(a) loan approvals across 583 businesses in 2025. With 69 active SBA lenders competing for business in Miami, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Miami is $389K, with rates averaging 10.79%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Miami SBA Loans by Business Type

🚀 Startups
16%
$43.2M • 92 loans

🏢 Existing Businesses
77%
$136.7M • 451 loans

🔄 Acquisitions
6%
$45.9M • 37 loans

Top SBA Lenders in Miami, FL (2025)

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

RankLenderVolumeLoansAvg Rate
1 Newtek Bank, National Association$26.5M8111.13%
2 Readycap Lending, LLC$13.9M4511.96%
3 Bank of America, National Association$13.6M218.62%
4 First Internet Bank of Indiana$13.1M1110.11%
5 Live Oak Banking Company$11.4M169.91%
6 TD Bank, National Association$10.6M9210.48%
7 Northeast Bank$10.4M6611.53%
8 City National Bank of Florida$9.5M710.21%
9 Pathward National Association$8.1M29.25%
10 The Huntington National Bank$7.3M189.62%
11 JPMorgan Chase Bank, National Association$6.3M2811.55%
12 U.S. Century Bank$5.8M310.17%
13 BayFirst National Bank$5.6M2511.95%
14 Bankwell Bank$5.2M311.25%
15 Capital One, National Association$4.9M25.92%
16 Ponce Bank National Association$4.5M19.00%
17 Amerant Bank, National Association$3.9M310.17%
18 Bank of Hope$3.6M18.00%
19 BankUnited, National Association$3.4M28.75%
20 First Bank of the Lake$3.4M1010.80%
21 Grasshopper Bank National Association$3.3M410.44%
22 Brookline Bank, a Division of Beacon Bank and Trust$2.7M19.00%
23 Pacific National Bank$2.6M210.50%
24 HomeTrust Bank$2.6M19.75%
25 Locality Bank$2.4M19.75%
26 Banesco USA$2.3M811.91%
27 22nd State Bank, A Division of 22nd State Banking Company$2.3M19.50%
28 United Community Bank$2.1M49.38%
29 Celtic Bank Corporation$1.9M1710.76%
30 Ocean Bank$1.9M210.50%
31 Climate First Bank$1.8M210.25%
32 Truist Bank$1.7M210.13%
33 Heritage Bank Inc$1.7M210.88%
34 CenTrust Bank, A Division of SmartBiz Bank National Associat$1.6M710.89%
35 Harvest Small Business Finance, LLC$1.5M310.17%
36 First National Bank of Pennsylvania$1.5M18.50%
37 Midwest Regional Bank$1.3M310.08%
38 Truliant FCU$1.3M210.38%
39 Craft Bank$1.3M110.50%
40 Wells Fargo Bank National Association$1.2M1511.85%
41 Byline Bank$1.2M310.08%
42 Lendistry SBLC, LLC$1.1M512.10%
43 Merchants & Marine Bank$1.1M410.25%
44 Stone Bank$1.1M810.31%
45 Dogwood State Bank$994K110.00%
46 VelocitySBA, LLC$987K210.00%
47 SouthState Bank, National Association$960K39.92%
48 Regions Bank$877K39.66%
49 Cadence Bank$865K410.25%
50 Paradise Bank$815K19.50%

Top Industries in Miami

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

SBA Loans in Florida

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

🤝 Why Use an SBA Broker in Miami?

GoSBA Loans helps Miami businesses access the best SBA lenders:

  • Access 69+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Miami
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Miami SBA Loan

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

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