New York
Top SBA lenders in Brooklyn
Businesses in the Brooklyn area have received $2.8B across 7,319 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Brooklyn | Rating |
|---|---|---|---|
| 1 | Empire State Certified Development Corporation | $358M | 3.0(2) |
| 2 | FinWise Bank | $254M | 3.1(105) |
| 3 | JPMorgan Chase Bank, National Association | $252M | 4.3(144) |
| 4 | TD Bank, National Association | $235M | 3.0(38) |
| 5 | NewBank | $162M | 4.2(16) |
| 6 | Cross River Bank | $98M | 2.1(61) |
| 7 | Trenton Business Assistance Corporation | $94M | 5.0(1) |
| 8 | Readycap Lending, LLC | $77M | 3.6(95) |
| 9 | Live Oak Banking Company | $71M | 3.4(145) |
| 10 | Dime Community Bank | $71M | 4.0(4) |
| 11 | Bank of America, National Association | $67M | 2.1(181) |
| 12 | Bank of Hope | $62M | 3.1(21) |
| 13 | Manufacturers and Traders Trust Company | $61M | 2.6(24) |
| 14 | Newtek Bank, National Association | $59M | 2.3(3) |
| 15 | Newtek Small Business Finance, Inc. | $56M | 1.7(33) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all New York SBA lenders →
SBA lenders in Brooklyn — common questions
Which SBA lender is most active in Brooklyn?
Empire State Certified Development Corporation has approved the most SBA 7(a) & 504 funding for Brooklyn-area businesses — $358M 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 Brooklyn businesses received?
Businesses in the Brooklyn area have received $2.8B across 7,319 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 Brooklyn?
No. SBA loans are federal, so a national or out-of-state lender can fund your Brooklyn 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 Brooklyn SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Brooklyn area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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