Best Sarasota, FL SBA Lenders & Rates of 2026

Compare 43 SBA lenders in Sarasota, FL. $76.5M funded across 112 businesses. Average rate 9.88%. Get matched free.

Table of Contents

Best Sarasota, FL SBA Lenders & Rates of 2026

$76.5M
Total Funded

112
Loans Approved

$683K
Avg Loan Size

9.88%
Avg Interest Rate

43
Active Lenders

SBA Loans in Sarasota, FL

Sarasota, FL businesses received $76.5M in SBA 7(a) loan approvals across 112 businesses in 2025. With 43 active SBA lenders competing for business in Sarasota, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Sarasota is $683K, with rates averaging 9.88%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Sarasota SBA Loans by Business Type

🚀 Startups
42%
$37.4M • 47 loans

🏢 Existing Businesses
46%
$26.8M • 52 loans

🔄 Acquisitions
12%
$12.4M • 13 loans

Top SBA Lenders in Sarasota, FL (2025)

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

RankLenderVolumeLoansAvg Rate
1 First Internet Bank of Indiana$10.6M69.92%
2 Live Oak Banking Company$7.3M49.50%
3 United Midwest Savings Bank National Association$7.0M109.72%
4 Readycap Lending, LLC$5.0M212.13%
5 Bank of America, National Association$4.8M45.84%
6 Newtek Bank, National Association$4.6M810.41%
7 All Capital Bank$4.2M29.50%
8 Cadence Bank$3.1M39.92%
9 First Bank of the Lake$2.5M510.00%
10 The Bancorp Bank National Association$2.2M29.00%
11 HomeTrust Bank$2.1M39.75%
12 First State Bank of Middlebury$1.9M28.50%
13 The Huntington National Bank$1.7M610.13%
14 Northeast Bank$1.5M910.83%
15 United FCU$1.5M29.13%
16 Gulfside Bank$1.3M29.13%
17 Meridian Bank$1.3M19.75%
18 BankUnited, National Association$1.1M18.50%
19 Pinnacle Bank$1.1M29.75%
20 Gulf Coast Bank and Trust Company$1.0M210.13%
21 Celtic Bank Corporation$970K39.75%
22 Cogent Bank$912K19.50%
23 BMO Bank National Association$807K16.29%
24 Bank OZK$805K18.75%
25 Woodlands National Bank$750K18.90%
26 Milestone Bank$630K110.25%
27 The Bank of Tampa$610K19.00%
28 First National Bank of Pennsylvania$600K19.75%
29 GTE FCU d/b/a GTE Financial$600K18.50%
30 JPMorgan Chase Bank, National Association$587K412.09%
31 CenTrust Bank, A Division of SmartBiz Bank National Associat$500K210.75%
32 BayFirst National Bank$500K211.25%
33 TD Bank, National Association$470K710.22%
34 Citizens Bank$406K110.25%
35 SouthState Bank, National Association$349K110.25%
36 Crews Bank and Trust$268K110.50%
37 CDC Small Business Finance Corp.$225K110.50%
38 iTHINK Financial CU$210K19.25%
39 First Command Bank$205K19.00%
40 Stone Bank$150K110.50%
41 Fifth Third Bank$100K110.85%
42 PNC Bank, National Association$75K110.50%
43 U.S. Bank, National Association$40K18.99%

Top Industries in Sarasota

Here are the industries that received the most SBA funding in Sarasota:

SBA Loans in Florida

Sarasota is part of Florida‘s SBA lending market. For statewide data and more lender options, see our full Florida SBA Lenders guide.

🤝 Why Use an SBA Broker in Sarasota?

GoSBA Loans helps Sarasota businesses access the best SBA lenders:

  • Access 43+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Sarasota
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Sarasota SBA Loan

Our team has helped hundreds of Sarasota businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Sarasota? GoSBA Loans is a trusted SBA loan broker serving businesses in Sarasota and across Florida. Contact our Sarasota SBA specialists today for a free consultation.

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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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