Best SBA Lenders in Melbourne, FL (2026)
2025 FOIA data: top lenders, rates & industries for Melbourne SBA loans
SBA Loans in Melbourne, Florida
Looking for an SBA loan in Melbourne, Florida? Based on 2025 FOIA data, 50 SBA 7(a) loans were funded in Melbourne totaling $24.7M, supporting an estimated 577 jobs. With 26 active lenders competing for business in the Melbourne market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Melbourne is $493K at an average rate of 10.51%. The top lender in Melbourne is Valley National Bank, with the most-funded industry being Child Day Care Services. See all Florida SBA lenders for statewide rankings.
SBA Loans in Melbourne by Business Type
Whether you’re starting a new business in Melbourne, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 25% of SBA loans in Melbourne (13 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 15% (3 loans) — if you’re looking to buy a business in Melbourne, this is a proven use case for SBA financing. Existing businesses make up 56% and typically receive the most favorable terms.
Top SBA Lenders in Melbourne, FL (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Melbourne businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Valley National Bank | $4.1M | 1 | 9.75% |
| 2 | The Huntington National Bank | $3.4M | 8 | 9.78% |
| 3 | First Bank of the Lake | $1.8M | 2 | 9.75% |
| 4 | BankUnited, National Association | $1.6M | 1 | 7.5% |
| 5 | U.S. Bank, National Association | $1.5M | 1 | 9% |
| 6 | Wells Fargo Bank National Association | $1.4M | 2 | 8.59% |
| 7 | Newtek Bank, National Association | $1.2M | 4 | 11.5% |
| 8 | First Internet Bank of Indiana | $1.1M | 1 | 10.75% |
| 9 | Cadence Bank | $1.1M | 1 | 10.25% |
| 10 | United Midwest Savings Bank National Association | $941K | 1 | 10.5% |
The top lenders in Melbourne have direct experience with local businesses and understand the Melbourne 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 Melbourne 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 Melbourne
One 5-minute application. 26+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Melbourne
These are the industries that received the most SBA 7(a) funding in Melbourne 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 |
|---|---|---|
| Child Day Care Services | 2 | $4.6M |
| Commercial and Institutional Building Construction | 2 | $2.2M |
| Other Personal Care Services | 6 | $2.0M |
| Residential Remodelers | 2 | $1.8M |
| Full-Service Restaurants | 2 | $1.6M |
| Sports and Recreation Instruction | 3 | $1.6M |
| Caterers | 1 | $1.5M |
| Limited-Service Restaurants | 2 | $1.5M |
| Supermarkets and Other Grocery (except Convenience) Stores | 1 | $900K |
| Other Professional Equipment and Supplies Merchant Wholesalers | 1 | $810K |
Lenders with experience funding your specific industry in Melbourne 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 Melbourne
Option 1: Apply directly to one of the top Melbourne 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 Melbourne-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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Ready to Apply for an SBA Loan in Melbourne?
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
