Best Insurance Agencies SBA Lenders of 2026

Compare the top 149 SBA lenders for Insurance Agencies businesses. $310.4M funded in 2025. Average rate 10.12%. Get matched free.

Table of Contents

Best Insurance Agencies SBA Lenders of 2026

$310.4M
Total Funded

716
Loans Approved

$433K
Avg Loan Size

10.12%
Avg Interest Rate

149
Active Lenders

SBA Loans for Insurance Agencies Businesses

The Insurance Agencies industry received $310.4M in SBA 7(a) loans across 716 businesses in 2025. With 149 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Insurance Agencies industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Insurance Agencies businesses is $433K with an average rate of 10.12%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Insurance Agencies businesses by business stage:

🚀 Startups
15%
$35.2M • 106 loans

🏢 Existing Businesses
72%
$161.7M • 513 loans

🔄 Business Acquisitions
13%
$113.4M • 96 loans

Top 50 SBA Lenders for Insurance Agencies (2025)

These are the banks that funded the most SBA 7(a) loan volume to Insurance Agencies businesses, ranked by total volume:

RankLenderVolumeLoansAvg Rate
1 Bankwell Bank$31.7M159.98%
2 Byline Bank$28.2M3910.07%
3 Live Oak Banking Company$27.1M339.53%
4 U.S. Bank, National Association$24.5M698.97%
5 United Midwest Savings Bank National Association$19.8M1910.09%
6 Readycap Lending, LLC$15.0M5212.17%
7 The Huntington National Bank$13.3M259.91%
8 Northeast Bank$9.2M6710.89%
9 Bank of America, National Association$9.0M166.91%
10 Newtek Bank, National Association$8.1M4611.01%
11 BancFirst$4.3M17.00%
12 American National Bank$4.3M17.81%
13 First Federal Community Bank, SSB$4.3M28.00%
14 City National Bank of Florida$4.0M110.00%
15 Pathward National Association$3.7M210.25%
16 BayFirst National Bank$3.6M2412.02%
17 Celtic Bank Corporation$3.4M2810.67%
18 Wells Fargo Bank National Association$3.3M47.49%
19 First Bank of Central Ohio$3.0M310.08%
20 Lake Forest Bank & Trust Company, National Association$2.8M67.53%
21 TD Bank, National Association$2.7M2410.50%
22 First Bank of the Lake$2.6M311.08%
23 JPMorgan Chase Bank, National Association$2.6M69.46%
24 Independent Bank$2.5M18.25%
25 The American National Bank of Texas$2.4M39.33%
26 First-Citizens Bank & Trust Company$2.3M19.00%
27 Cadence Bank$2.3M810.19%
28 Harvest Small Business Finance, LLC$2.1M410.06%
29 CenTrust Bank, A Division of SmartBiz Bank National Associat$2.0M1111.61%
30 Renasant Bank$1.9M19.00%
31 Regions Bank$1.9M68.40%
32 Lendistry SBLC, LLC$1.8M1212.13%
33 Seacoast National Bank$1.7M27.95%
34 Banc of California$1.7M37.33%
35 UMB Bank, National Association$1.6M26.79%
36 Old National Bank$1.5M28.25%
37 Riverstone Bank$1.5M17.75%
38 KeyBank National Association$1.4M310.44%
39 Union Bank and Trust Company$1.4M18.25%
40 Manufacturers and Traders Trust Company$1.3M1511.50%
41 Colony Bank$1.3M310.75%
42 Bell Bank$1.3M29.38%
43 FinWise Bank$1.3M210.25%
44 American Bank of Commerce$1.2M210.00%
45 The First National Bank of Milaca$1.2M16.89%
46 CalPrivate Bank$1.2M19.50%
47 OakStar Bank$1.2M19.75%
48 Oconee State Bank$1.2M19.50%
49 Enterprise Bank & Trust$1.2M37.67%
50 PNC Bank, National Association$1.1M37.29%

🚀 Best Lenders for Insurance Agencies Startups

Starting a new insurance agencies and brokerages business? These lenders funded the most startup loans in this industry:

RankLenderStartup VolumeLoansAvg Rate
1 United Midwest Savings Bank National Association$9.5M710.00%
2 U.S. Bank, National Association$6.2M148.79%
3 Wells Fargo Bank National Association$2.5M37.75%
4 KeyBank National Association$1.4M310.44%
5 Newtek Bank, National Association$1.3M710.43%
6 Readycap Lending, LLC$1.1M210.25%
7 Vast Bank, National Association$1.0M19.00%
8 Byline Bank$1.0M310.08%
9 TD Bank, National Association$941K710.25%
10 Community Bank of Santa Maria$806K29.88%

🔄 Best Lenders for Insurance Agencies Acquisitions

Looking to buy an existing insurance agencies and brokerages business? These lenders specialize in acquisition financing:

RankLenderAcquisition VolumeLoansAvg Rate
1 Bankwell Bank$31.0M129.85%
2 Byline Bank$21.3M3110.05%
3 Live Oak Banking Company$8.5M129.69%
4 The Huntington National Bank$6.2M59.25%
5 American National Bank$4.3M17.81%
6 First Federal Community Bank, SSB$4.3M28.00%
7 City National Bank of Florida$4.0M110.00%
8 Bank of America, National Association$3.2M36.56%
9 Readycap Lending, LLC$2.9M110.25%
10 First Bank of the Lake$2.5M210.00%

🏢 Best Lenders for Existing Insurance Agencies Businesses

Already running an established insurance agencies and brokerages business? These lenders have funded the most loans to existing businesses in your industry:

RankLenderVolumeLoansAvg Rate
1 Live Oak Banking Company$18.4M209.48%
2 U.S. Bank, National Association$18.3M559.01%
3 Readycap Lending, LLC$10.8M4812.33%
4 Northeast Bank$8.8M6010.84%
5 United Midwest Savings Bank National Association$8.0M1010.15%
6 The Huntington National Bank$6.8M1610.06%
7 Newtek Bank, National Association$6.8M3911.11%
8 Byline Bank$5.9M510.20%
9 Bank of America, National Association$5.8M136.99%
10 BancFirst$4.3M17.00%

Top States for Insurance Agencies SBA Loans

Here are the states with the highest SBA lending volume for Insurance Agencies businesses:

RankStateVolumeLoans
1 Florida$50.4M87
2 Texas$45.1M89
3 California$32.7M76
4 New York$17.0M48
5 Georgia$14.5M27
6 Ohio$11.8M20
7 Indiana$9.5M17
8 Oklahoma$9.5M9
9 Missouri$9.4M20
10 Minnesota$8.8M22
11 Nevada$8.0M9
12 Colorado$7.9M23
13 Pennsylvania$7.3M26
14 Oregon$6.7M15
15 Arizona$6.4M13
16 Illinois$6.0M26
17 Michigan$5.4M15
18 Tennessee$5.1M12
19 New Jersey$4.8M22
20 Alabama$4.4M16
21 South Carolina$4.0M8
22 North Carolina$4.0M6
23 Maryland$3.5M10
24 Utah$3.0M13
25 Connecticut$2.8M9
26 Virginia$2.7M6
27 Rhode Island$2.5M1
28 Mississippi$2.5M9
29 Nebraska$1.9M6
30 Massachusetts$1.8M6
31 Louisiana$1.8M4
32 Wyoming$1.6M2
33 Montana$1.5M5
34 Kentucky$1.2M6
35 Kansas$825K3
36 Idaho$810K4
37 New Mexico$689K5
38 New Hampshire$650K2
39 Arkansas$448K4
40 Hawaii$380K2
41 Puerto Rico$250K3
42 Wisconsin$206K1
43 Delaware$200K2
44 Washington$200K4
45 Vermont$40K1
46 West Virginia$38K1
47 District of Columbia$27K1

Top Cities for Insurance Agencies SBA Loans

Miami, Fl

$10.5M
Volume

11
Loans

Columbus, Ga

$5.9M
Volume

4
Loans

Indianapolis, In

$5.9M
Volume

7
Loans

Tulsa, Ok

$5.5M
Volume

3
Loans

Tampa, Fl

$5.2M
Volume

5
Loans

Apopka, Fl

$5.0M
Volume

1
Loans

Latham, Ny

$5.0M
Volume

1
Loans

Benbrook, Tx

$4.8M
Volume

1
Loans

Hillsboro, Oh

$4.3M
Volume

1
Loans

Las Vegas, Nv

$4.2M
Volume

5
Loans

Phoenix, Az

$4.1M
Volume

4
Loans

Greenville, Tx

$3.8M
Volume

1
Loans

Springfield, Mo

$3.8M
Volume

2
Loans

Lewisville, Tx

$3.7M
Volume

2
Loans

Colleyville, Tx

$3.5M
Volume

1
Loans

San Francisco, Ca

$3.4M
Volume

1
Loans

🤝 Why Use an SBA Broker for Insurance Agencies Loans?

GoSBA Loans has extensive experience financing Insurance Agencies businesses:

  • Industry expertise — we know which lenders specialize in Insurance Agencies
  • Access to 149+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Insurance Agencies SBA Loan

Our team specializes in SBA financing for Insurance Agencies businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Insurance Agencies business? GoSBA Loans specializes in SBA loans for Insurance Agencies businesses. Contact our industry specialists today for a free consultation.

Explore Other Industries

Picture of Ishan Jetley

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.
CONTACT US