Best Washington SBA Lenders & Rates of 2026

Compare 121 SBA lenders in Washington. $1.07B funded across 1,987 businesses. Average rate 10.18%. Get matched free.

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Best Washington SBA Lenders & Rates of 2026

$1.07B
Total Funded

1,987
Loans Approved

$539K
Avg Loan Size

10.18%
Avg Interest Rate

121
Active Lenders

SBA Loans in Washington

Washington businesses received $1.07B in SBA 7(a) loan approvals across 1,987 businesses in 2025. With 121 active SBA lenders competing for business in Washington, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Washington is $539K, with rates averaging 10.18%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Washington (2025)

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

Rank Lender Volume Loans Avg Rate
1 Readycap Lending, LLC $88.0M 74 10.65%
2 Live Oak Banking Company $84.7M 58 8.81%
3 U.S. Bank, National Association $69.4M 167 9.62%
4 KeyBank National Association $40.4M 122 10.26%
5 Heritage Bank $37.3M 39 8.53%
6 Newtek Bank, National Association $34.8M 86 10.87%
7 Washington Trust Bank $31.8M 46 8.83%
8 Mountain Pacific Bank $30.8M 15 8.75%
9 US Metro Bank $29.1M 14 8.73%
10 Celtic Bank Corporation $27.1M 34 10.29%
11 First Internet Bank of Indiana $25.2M 18 10.21%
12 PCB Bank $24.9M 10 8.55%
13 Banner Bank $24.0M 114 8.84%
14 Enterprise Bank & Trust $23.9M 12 7.08%
15 Columbia Bank $22.4M 239 12.23%
16 Hanmi Bank $21.8M 29 9.25%
17 Northeast Bank $21.8M 126 10.80%
18 The Huntington National Bank $19.7M 33 9.60%
19 Southwestern National Bank $18.5M 11 8.93%
20 Gesa CU $18.3M 36 10.03%

🤝 How to Get an SBA Loan in Washington

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

📞 Get Matched with Washington SBA Lenders

Ready to apply for an SBA loan in Washington? 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.

Picture of Ishan Jetley

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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