Best SBA Lenders in Jamaica, NY (2026)
2025 FOIA data: top lenders, rates & industries for Jamaica SBA loans
SBA Loans in Jamaica, New York
Looking for an SBA loan in Jamaica, New York? Based on 2025 FOIA data, 47 SBA 7(a) loans were funded in Jamaica totaling $22.2M, supporting an estimated 508 jobs. With 21 active lenders competing for business in the Jamaica market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Jamaica is $472K at an average rate of 10.51%. The top lender in Jamaica is Climate First Bank, with the most-funded industry being Home Health Care Services. See all New York SBA lenders for statewide rankings.
SBA Loans in Jamaica by Business Type
Whether you’re starting a new business in Jamaica, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 1% of SBA loans in Jamaica (1 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 28% (3 loans) — if you’re looking to buy a business in Jamaica, this is a proven use case for SBA financing. Existing businesses make up 54% and typically receive the most favorable terms.
Top SBA Lenders in Jamaica, NY (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Jamaica businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Climate First Bank | $5.0M | 2 | 10.25% |
| 2 | Wells Fargo Bank National Association | $4.4M | 2 | 6.79% |
| 3 | NewBank | $2.2M | 1 | 9% |
| 4 | City National Bank | $1.9M | 1 | 8.5% |
| 5 | TD Bank, National Association | $1.4M | 18 | 10.6% |
| 6 | Byline Bank | $1.2M | 1 | 10.5% |
| 7 | Readycap Lending, LLC | $1.0M | 2 | 10.5% |
| 8 | Metro City Bank | $940K | 1 | 9.5% |
| 9 | Northeast Bank | $688K | 3 | 11.25% |
| 10 | City National Bank of Florida | $500K | 1 | 10.25% |
The top lenders in Jamaica have direct experience with local businesses and understand the Jamaica 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 Jamaica 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 Jamaica
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Jamaica
These are the industries that received the most SBA 7(a) funding in Jamaica 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 |
|---|---|---|
| Home Health Care Services | 2 | $5.0M |
| Child Day Care Services | 2 | $2.8M |
| All Other Specialty Trade Contractors | 1 | $2.2M |
| Diagnostic Imaging Centers | 1 | $1.9M |
| Coin-Operated Laundries and Drycleaners | 1 | $1.6M |
| Plumbing, Heating, and Air-Conditioning Contractors | 3 | $1.0M |
| Limited-Service Restaurants | 2 | $990K |
| Other Scientific and Technical Consulting Services | 2 | $588K |
| Promoters of Performing Arts, Sports, and Similar Events without Facil | 1 | $500K |
| Security Guards and Patrol Services | 3 | $500K |
Lenders with experience funding your specific industry in Jamaica 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 Jamaica
Option 1: Apply directly to one of the top Jamaica 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 Jamaica-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
How many SBA loans were funded in Jamaica in 2025?
Can I get an SBA loan to start a business in Jamaica?
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
