Best SBA Lenders in Eau Claire, WI (2026)
2025 FOIA data: top lenders, rates & industries for Eau Claire SBA loans
SBA Loans in Eau Claire, Wisconsin
Looking for an SBA loan in Eau Claire, Wisconsin? Based on 2025 FOIA data, 32 SBA 7(a) loans were funded in Eau Claire totaling $23.1M, supporting an estimated 334 jobs. With 17 active lenders competing for business in the Eau Claire market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Eau Claire is $723K at an average rate of 9.48%. The top lender in Eau Claire is Citizens Community Federal National Association, with the most-funded industry being Automotive Body, Paint, and Interior Repair and Maintenance. See all Wisconsin SBA lenders for statewide rankings.
SBA Loans in Eau Claire by Business Type
Whether you’re starting a new business in Eau Claire, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 15% of SBA loans in Eau Claire (4 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 53% (6 loans) — if you’re looking to buy a business in Eau Claire, this is a proven use case for SBA financing. Existing businesses make up 24% and typically receive the most favorable terms.
Top SBA Lenders in Eau Claire, WI (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Eau Claire businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Citizens Community Federal National Association | $9.4M | 7 | 9.57% |
| 2 | Live Oak Banking Company | $3.3M | 2 | 9% |
| 3 | Old National Bank | $2.3M | 3 | 9.12% |
| 4 | Platinum Bank | $1.7M | 1 | 9% |
| 5 | Cadence Bank | $1.6M | 1 | 9.5% |
| 6 | Equity Bank | $1.3M | 1 | 8.27% |
| 7 | BMO Bank National Association | $999K | 1 | 5.21% |
| 8 | First Bank & Trust | $634K | 1 | 8.4% |
| 9 | Prevail Bank | $440K | 1 | 9% |
| 10 | Community Resource Bank | $400K | 2 | 7.5% |
The top lenders in Eau Claire have direct experience with local businesses and understand the Eau Claire 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 Eau Claire 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 Eau Claire
One 5-minute application. 17+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Eau Claire
These are the industries that received the most SBA 7(a) funding in Eau Claire 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 |
|---|---|---|
| Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $3.5M |
| All Other Specialty Trade Contractors | 1 | $3.5M |
| Local Messengers and Local Delivery | 2 | $3.3M |
| Snack and Nonalcoholic Beverage Bars | 2 | $2.8M |
| Plumbing, Heating, and Air-Conditioning Contractors | 2 | $2.0M |
| General Freight Trucking, Local | 1 | $1.7M |
| Custom Architectural Woodwork and Millwork Manufacturing | 1 | $999K |
| Coin-Operated Laundries and Drycleaners | 1 | $948K |
| All Other Amusement and Recreation Industries | 1 | $775K |
| General Automotive Repair | 1 | $634K |
Lenders with experience funding your specific industry in Eau Claire 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 Eau Claire
Option 1: Apply directly to one of the top Eau Claire 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 Eau Claire-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.
