North Carolina
Top SBA lenders in Raleigh
Businesses in the Raleigh area have received $828M across 1,529 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Raleigh | Rating |
|---|---|---|---|
| 1 | Live Oak Banking Company | $73M | 3.4(145) |
| 2 | First National Bank of Pennsylvania | $64M | 2.2(6) |
| 3 | Truist Bank | $45M | 2.4(45) |
| 4 | The Fidelity Bank | $44M | 4.6(32) |
| 5 | TowneBank | $41M | 3.4(17) |
| 6 | Wells Fargo Bank National Association | $39M | 3.0(23) |
| 7 | North State Bank | $33M | 3.4(10) |
| 8 | The Huntington National Bank | $25M | 2.2(69) |
| 9 | United Community Bank | $23M | 3.8(23) |
| 10 | Pinnacle Bank | $21M | 3.3(19) |
| 11 | BankUnited, National Association | $18M | 2.8(21) |
| 12 | GBank | $17M | 4.2(81) |
| 13 | Celtic Bank Corporation | $16M | 4.1(348) |
| 14 | Bank of America, National Association | $14M | 2.1(181) |
| 15 | Newtek Bank, National Association | $13M | 2.3(3) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all North Carolina SBA lenders →
SBA lenders in Raleigh — common questions
Which SBA lender is most active in Raleigh?
Live Oak Banking Company has approved the most SBA 7(a) & 504 funding for Raleigh-area businesses — $73M 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 Raleigh businesses received?
Businesses in the Raleigh area have received $828M across 1,529 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 Raleigh?
No. SBA loans are federal, so a national or out-of-state lender can fund your Raleigh 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 Raleigh SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Raleigh area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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