California
Top SBA lenders in Vernon
Businesses in the Vernon area have received $480M across 318 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Vernon | Rating |
|---|---|---|---|
| 1 | Business Finance Capital | $114M | 5.0(1) |
| 2 | Wells Fargo Bank National Association | $63M | 3.0(23) |
| 3 | CDC Small Business Finance Corp. | $44M | 4.0(65) |
| 4 | Bank of Hope | $41M | 3.1(21) |
| 5 | Mortgage Capital Development Corporation | $38M | 4.6(31) |
| 6 | U.S. Bank, National Association | $30M | 2.1(31) |
| 7 | City National Bank | $28M | 3.6(28) |
| 8 | Bank of America, National Association | $25M | 2.1(181) |
| 9 | Open Bank | $22M | 3.0(8) |
| 10 | California Statewide Certified Development Corporation | $21M | No Google rating yet |
| 11 | Cathay Bank | $17M | 2.8(29) |
| 12 | BMO Bank National Association | $17M | 1.8(30) |
| 13 | Hanmi Bank | $16M | 3.0(17) |
| 14 | PCB Bank | $14M | No Google rating yet |
| 15 | California Federal Credit Union | $12M | 3.6(73) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all California SBA lenders →
SBA lenders in Vernon — common questions
Which SBA lender is most active in Vernon?
Business Finance Capital has approved the most SBA 7(a) & 504 funding for Vernon-area businesses — $114M 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 Vernon businesses received?
Businesses in the Vernon area have received $480M across 318 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 Vernon?
No. SBA loans are federal, so a national or out-of-state lender can fund your Vernon 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 Vernon SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Vernon area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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