BlogRankingStateBest Florida SBA Lenders & Rates of 2026

Best Florida SBA Lenders & Rates of 2026

February 2, 2026
Ranking, State
1 min read

$2.97B
Total Funded

5,440
Loans Approved

$545K
Avg Loan Size

10.39%
Avg Interest Rate

200
Active Lenders

SBA Loans in Florida

Florida businesses received $2.97B in SBA 7(a) loan approvals across 5,440 businesses in 2025. With 200 active SBA lenders competing for business in Florida, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Florida is $545K, with rates averaging 10.39%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Florida (2025)

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

Rank Lender Volume Loans Avg Rate
1 Live Oak Banking Company $257.9M 195 9.30%
2 Newtek Bank, National Association $192.5M 528 10.96%
3 First Internet Bank of Indiana $140.1M 103 10.01%
4 The Huntington National Bank $133.6M 308 9.70%
5 Readycap Lending, LLC $108.1M 313 11.82%
6 Northeast Bank $99.9M 580 11.11%
7 TD Bank, National Association $92.7M 625 10.44%
8 Bank of America, National Association $85.6M 144 7.75%
9 United Midwest Savings Bank National Association $57.5M 118 10.05%
10 Climate First Bank $44.5M 37 10.03%
11 First Bank of the Lake $44.1M 74 10.62%
12 Harvest Small Business Finance, LLC $40.4M 47 10.06%
13 Valley National Bank $40.0M 26 9.45%
14 First National Bank of Pennsylvania $39.3M 39 9.54%
15 Truist Bank $38.4M 29 8.49%
16 Enterprise Bank & Trust $36.9M 19 7.67%
17 GBank $36.6M 14 8.79%
18 Cadence Bank $35.8M 67 10.10%
19 JPMorgan Chase Bank, National Association $35.4M 159 11.46%
20 BayFirst National Bank $34.4M 165 11.78%

🤝 How to Get an SBA Loan in Florida

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Florida and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Florida SBA Lenders

Ready to apply for an SBA loan in Florida? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

http://gosbaloans.com

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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