Best SBA Lenders in Coral Springs, FL (2026)
2025 FOIA data: top lenders, rates & industries for Coral Springs SBA loans
SBA Loans in Coral Springs, Florida
Looking for an SBA loan in Coral Springs, Florida? Based on 2025 FOIA data, 57 SBA 7(a) loans were funded in Coral Springs totaling $29.4M, supporting an estimated 504 jobs. With 29 active lenders competing for business in the Coral Springs market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Coral Springs is $515K at an average rate of 10.63%. The top lender in Coral Springs is First Bank of the Lake, with the most-funded industry being Painting and Wall Covering Contractors. See all Florida SBA lenders for statewide rankings.
SBA Loans in Coral Springs by Business Type
Whether you’re starting a new business in Coral Springs, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 10% of SBA loans in Coral Springs (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 21% (9 loans) — if you’re looking to buy a business in Coral Springs, this is a proven use case for SBA financing. Existing businesses make up 45% and typically receive the most favorable terms.
Top SBA Lenders in Coral Springs, FL (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Coral Springs businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | First Bank of the Lake | $5.0M | 2 | 10.25% |
| 2 | Bank of America, National Association | $3.9M | 3 | 6.43% |
| 3 | Amerant Bank, National Association | $3.8M | 1 | 10.5% |
| 4 | First Internet Bank of Indiana | $1.9M | 1 | 10% |
| 5 | Midwest BankCentre | $1.7M | 2 | 9% |
| 6 | Newtek Bank, National Association | $1.5M | 6 | 11.21% |
| 7 | United Midwest Savings Bank National Association | $1.2M | 3 | 10.17% |
| 8 | BankUnited, National Association | $1.1M | 1 | 7.5% |
| 9 | HomeTrust Bank | $1.1M | 1 | 10% |
| 10 | Banesco USA | $1.1M | 2 | 10.62% |
The top lenders in Coral Springs have direct experience with local businesses and understand the Coral Springs 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 Coral Springs 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 Coral Springs
One 5-minute application. 29+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Coral Springs
These are the industries that received the most SBA 7(a) funding in Coral Springs 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 |
|---|---|---|
| Painting and Wall Covering Contractors | 4 | $5.9M |
| Surgical Appliance and Supplies Manufacturing | 1 | $3.8M |
| Custom Computer Programming Services | 2 | $3.8M |
| Other Services to Buildings and Dwellings | 2 | $2.1M |
| Fitness and Recreational Sports Centers | 3 | $1.4M |
| Limited-Service Restaurants | 1 | $1.1M |
| Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler | 1 | $1.1M |
| Other Accounting Services | 2 | $1.1M |
| Offices of Physicians (except Mental Health Specialists) | 2 | $885K |
| Full-Service Restaurants | 3 | $850K |
Lenders with experience funding your specific industry in Coral Springs 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 Coral Springs
Option 1: Apply directly to one of the top Coral Springs 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 Coral Springs-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.
