Best New Jersey SBA Lenders & Rates of 2026

Compare 133 SBA lenders in New Jersey. $1.11B funded across 2,520 businesses. Average rate 10.42%. Get matched free.

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Best New Jersey SBA Lenders & Rates of 2026

$1.11B
Total Funded

2,520
Loans Approved

$439K
Avg Loan Size

10.42%
Avg Interest Rate

133
Active Lenders

SBA Loans in New Jersey

New Jersey businesses received $1.11B in SBA 7(a) loan approvals across 2,520 businesses in 2025. With 133 active SBA lenders competing for business in New Jersey, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in New Jersey is $439K, with rates averaging 10.42%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in New Jersey (2025)

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

Rank Lender Volume Loans Avg Rate
1 TD Bank, National Association $97.5M 554 10.36%
2 Live Oak Banking Company $63.3M 68 9.43%
3 Northeast Bank $45.8M 252 11.00%
4 Readycap Lending, LLC $39.0M 98 11.46%
5 Newtek Bank, National Association $38.9M 126 10.88%
6 The Huntington National Bank $37.2M 96 9.76%
7 Provident Bank $34.5M 32 9.30%
8 Fulton Bank, National Association $27.7M 35 9.69%
9 Manufacturers and Traders Trust Company $27.4M 277 11.31%
10 JPMorgan Chase Bank, National Association $23.7M 70 11.12%
11 Meridian Bank $23.6M 25 9.69%
12 Bank of America, National Association $23.4M 28 7.03%
13 Wells Fargo Bank National Association $23.2M 50 10.49%
14 Wilmington Savings Fund Society FSB $22.9M 34 9.71%
15 Peapack Private Bank and Trust $21.4M 21 9.44%
16 Unity Bank $19.1M 14 9.68%
17 Magyar Bank $18.0M 17 10.09%
18 Port 51 Lending LLC $17.8M 8 9.91%
19 First Internet Bank of Indiana $16.6M 12 9.98%
20 GBank $16.1M 4 8.75%

🤝 How to Get an SBA Loan in New Jersey

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 New Jersey and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with New Jersey SBA Lenders

Ready to apply for an SBA loan in New Jersey? 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.

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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.
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