Best SBA Lenders in Flushing, NY (2026)
2025 FOIA data: top lenders, rates & industries for Flushing SBA loans
SBA Loans in Flushing, New York
Looking for an SBA loan in Flushing, New York? Based on 2025 FOIA data, 64 SBA 7(a) loans were funded in Flushing totaling $27.6M, supporting an estimated 402 jobs. With 19 active lenders competing for business in the Flushing market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Flushing is $431K at an average rate of 10.91%. The top lender in Flushing is Bank of Hope, with the most-funded industry being Offices of All Other Miscellaneous Health Practitioners. See all New York SBA lenders for statewide rankings.
SBA Loans in Flushing by Business Type
Whether you’re starting a new business in Flushing, 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 Flushing (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 1% (1 loans) — if you’re looking to buy a business in Flushing, this is a proven use case for SBA financing. Existing businesses make up 51% and typically receive the most favorable terms.
Top SBA Lenders in Flushing, NY (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Flushing businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Bank of Hope | $6.9M | 4 | 8.94% |
| 2 | New Millennium Bank | $4.8M | 2 | 8.38% |
| 3 | NewBank | $3.4M | 3 | 9.67% |
| 4 | Northeast Bank | $1.8M | 13 | 11.37% |
| 5 | KeyBank National Association | $1.8M | 1 | 9.75% |
| 6 | Lendistry SBLC, LLC | $1.4M | 9 | 12.25% |
| 7 | Cathay Bank | $1.4M | 1 | 6.75% |
| 8 | JPMorgan Chase Bank, National Association | $1.2M | 5 | 11.51% |
| 9 | Newtek Bank, National Association | $1.1M | 4 | 11.62% |
| 10 | TD Bank, National Association | $750K | 10 | 10.57% |
The top lenders in Flushing have direct experience with local businesses and understand the Flushing 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 Flushing 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 Flushing
One 5-minute application. 19+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Flushing
These are the industries that received the most SBA 7(a) funding in Flushing 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 |
|---|---|---|
| Offices of All Other Miscellaneous Health Practitioners | 2 | $6.3M |
| Coin-Operated Laundries and Drycleaners | 2 | $3.0M |
| Cosmetology and Barber Schools | 1 | $2.7M |
| Exam Preparation and Tutoring | 1 | $2.1M |
| Cafeterias, Grill Buffets, and Buffets | 1 | $1.8M |
| Services for the Elderly and Persons with Disabilities | 2 | $950K |
| Full-Service Restaurants | 6 | $755K |
| Other Miscellaneous Nondurable Goods Merchant Wholesalers | 4 | $695K |
| Offices of Certified Public Accountants | 1 | $550K |
| Other Grocery and Related Products Merchant Wholesalers | 3 | $533K |
Lenders with experience funding your specific industry in Flushing 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 Flushing
Option 1: Apply directly to one of the top Flushing 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 Flushing-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.
