District of Columbia
Top SBA lenders in Washington
Businesses in the Washington area have received $822M across 1,814 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Washington | Rating |
|---|---|---|---|
| 1 | Business Finance Group, Inc. | $94M | 3.0(2) |
| 2 | EagleBank | $72M | 4.8(6) |
| 3 | Manufacturers and Traders Trust Company | $54M | 2.6(24) |
| 4 | Truist Bank | $42M | 2.4(45) |
| 5 | Hanmi Bank | $39M | 3.0(17) |
| 6 | Live Oak Banking Company | $28M | 3.4(145) |
| 7 | Atlantic Union Bank | $28M | 4.0(24) |
| 8 | Newtek Bank, National Association | $25M | 2.3(3) |
| 9 | TD Bank, National Association | $24M | 3.0(38) |
| 10 | Newtek Small Business Finance, Inc. | $22M | 1.7(33) |
| 11 | Wells Fargo Bank National Association | $20M | 3.0(23) |
| 12 | Readycap Lending, LLC | $19M | 3.6(95) |
| 13 | Fulton Bank, National Association | $19M | 3.0(41) |
| 14 | Industrial Bank | $19M | 3.8(48) |
| 15 | Capital Bank, National Association | $18M | 3.4(28) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all District of Columbia SBA lenders →
SBA lenders in Washington — common questions
Which SBA lender is most active in Washington?
Business Finance Group, Inc. has approved the most SBA 7(a) & 504 funding for Washington-area businesses — $94M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Washington businesses received?
Businesses in the Washington area have received $822M across 1,814 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Washington?
No. SBA loans are federal, so a national or out-of-state lender can fund your Washington business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Washington SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Washington area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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