Virginia
Top SBA lenders in Virginia Beach
Businesses in the Virginia Beach area have received $445M across 905 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Virginia Beach | Rating |
|---|---|---|---|
| 1 | TowneBank | $43M | 3.4(17) |
| 2 | Fulton Bank, National Association | $33M | 3.0(41) |
| 3 | Business Finance Group, Inc. | $30M | 3.0(2) |
| 4 | Truist Bank | $27M | 2.4(45) |
| 5 | Live Oak Banking Company | $25M | 3.4(145) |
| 6 | Atlantic Union Bank | $22M | 4.0(24) |
| 7 | World Trade Finance, Inc. | $16M | 4.6(15) |
| 8 | The Huntington National Bank | $15M | 2.2(69) |
| 9 | Wells Fargo Bank National Association | $11M | 3.0(23) |
| 10 | Capital Bank, National Association | $10M | 3.4(28) |
| 11 | BankUnited, National Association | $10M | 2.8(21) |
| 12 | Southern Bank and Trust Company | $10M | 3.6(8) |
| 13 | First National Bank of Pennsylvania | $9M | 2.2(6) |
| 14 | Byline Bank | $8M | 2.5(18) |
| 15 | First Business Bank | $7M | 3.6(25) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Virginia SBA lenders →
SBA lenders in Virginia Beach — common questions
Which SBA lender is most active in Virginia Beach?
TowneBank has approved the most SBA 7(a) & 504 funding for Virginia Beach-area businesses — $43M 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 Virginia Beach businesses received?
Businesses in the Virginia Beach area have received $445M across 905 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 Virginia Beach?
No. SBA loans are federal, so a national or out-of-state lender can fund your Virginia Beach 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 Virginia Beach SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Virginia Beach area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
Getting an SBA loan in Virginia Beach?
Tell us what you need and we'll match you with lenders active in your area — you choose who to talk to.
Get matched with lenders