Did you know that you can get an SBA Loan in Dallas for a variety of business needs? Financing is available under the SBA’s various programs with loans ranging from $500,000 to $5 million.
SBA lenders in Dallas will provide these loans to businesses in most industries for a variety of purposes, including but not limited to equipment purchase, acquiring real estate, meeting running expenses, and more. The disbursement process for these Dallas small business loans is much faster than conventional loans.
Businesses that opt for a Dallas SBA loan benefit from lower down payments, longer repayment terms as well as long term fixed rates, depending on the bank that they choose. These are the most active Dallas SBA lenders:
|Rank||Dallas Lender||Headquarters||# Loans||Avg Loan||Avg Interest|
|1||Citizens Bank||Elizabethton, TN||56||$909,657||5.4%|
|2||PNC Bank||Wilmington, DE||15||$262,067||9.5%|
|3||Comerica Bank||Dallas, TX||13||$443,615||4.7%|
|4||Enterprise Bank & Trust||Clayton, MO||11||$1,516,555||4.8%|
|5||Live Oak||Wilmington, NC||9||$1,534,444||5.4%|
|6||Wells Fargo||Sioux Falls, SD||9||$167,233||7.6%|
Remember: Don’t just search for “business loans near me” or “SBA loans near me”. You can even work with a nationwide lender to get an SBA loan in Dallas. We help connect you to preferred SBA lenders locally and across the country to get you the best deal possible.