Best SBA Lenders in Pompano Beach, FL (2026)
2025 FOIA data: top lenders, rates & industries for Pompano Beach SBA loans
SBA Loans in Pompano Beach, Florida
Looking for an SBA loan in Pompano Beach, Florida? Based on 2025 FOIA data, 83 SBA 7(a) loans were funded in Pompano Beach totaling $50.0M, supporting an estimated 686 jobs. With 32 active lenders competing for business in the Pompano Beach market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Pompano Beach is $602K at an average rate of 10.46%. The top lender in Pompano Beach is Newtek Bank, National Association, with the most-funded industry being General Automotive Repair. See all Florida SBA lenders for statewide rankings.
SBA Loans in Pompano Beach by Business Type
Whether you’re starting a new business in Pompano Beach, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 14% of SBA loans in Pompano Beach (9 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 16% (5 loans) — if you’re looking to buy a business in Pompano Beach, this is a proven use case for SBA financing. Existing businesses make up 64% and typically receive the most favorable terms.
Top SBA Lenders in Pompano Beach, FL (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Pompano Beach businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Newtek Bank, National Association | $6.4M | 9 | 12.25% |
| 2 | First Internet Bank of Indiana | $6.0M | 3 | 10.08% |
| 3 | Live Oak Banking Company | $5.1M | 5 | 9.55% |
| 4 | Enterprise Bank & Trust | $4.5M | 1 | 8% |
| 5 | First Savings Bank | $3.4M | 1 | 10.25% |
| 6 | Wells Fargo Bank National Association | $3.0M | 2 | 9.37% |
| 7 | Northeast Bank | $2.2M | 9 | 11.17% |
| 8 | Bank of America, National Association | $2.0M | 3 | 6.71% |
| 9 | TD Bank, National Association | $2.0M | 12 | 10.57% |
| 10 | The Huntington National Bank | $1.9M | 5 | 9.65% |
The top lenders in Pompano Beach have direct experience with local businesses and understand the Pompano Beach 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 Pompano Beach 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 Pompano Beach
One 5-minute application. 32+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Pompano Beach
These are the industries that received the most SBA 7(a) funding in Pompano Beach 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 |
|---|---|---|
| General Automotive Repair | 3 | $8.5M |
| Home Health Care Services | 3 | $6.0M |
| Other Construction Material Merchant Wholesalers | 2 | $4.5M |
| Pet Care (except Veterinary) Services | 2 | $3.5M |
| Residential Remodelers | 5 | $2.4M |
| Other Building Finishing Contractors | 1 | $1.6M |
| Poured Concrete Foundation and Structure Contractors | 1 | $1.6M |
| General Line Grocery Merchant Wholesalers | 1 | $1.5M |
| All Other Specialty Trade Contractors | 5 | $1.2M |
| Other Personal and Household Goods Repair and Maintenance | 1 | $1.1M |
Lenders with experience funding your specific industry in Pompano Beach 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 Pompano Beach
Option 1: Apply directly to one of the top Pompano Beach 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 Pompano Beach-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.
