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Small business financing can be difficult to obtain, particularly if you’re a new business owner. Fortunately, the process to obtain an SBA loan in Houston is pretty straightforward. It’s something we can help you out with by connecting you to local and nationwide SBA lenders in Houston, Texas.
The Small Business Administration Houston loans don’t come from the government. It’s the banks that do the lending, regardless of what industry your business is in, the government simply guarantees the loans.
These Houston SBA loan providers can help you take your business to new heights by providing finances through the various programs offered by the Small Business Administration. You could get an SBA 7(a) loan in Houston to start or expand a small business. Opt for the SBA 504 loan to purchase fixed assets. These are the most active SBA lenders in Houston:
| Rank | Houston Lender | Headquarters | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Wells Fargo | Sioux Falls, SD | 35 | $287,860 | 7.4% |
| 2 | Wallis Bank | Wallis, TX | 32 | $1,642,272 | 5.0% |
| 3 | Comerica Bank | Dallas, TX | 26 | $471,469 | 4.8% |
| 4 | PNC Bank | Wilmington, DE | 21 | $489,714 | 7.2% |
| 5 | Frost Bank | San Antonio, TX | 20 | $1,426,710 | 5.4% |
| 6 | BancorpSouth Bank | Tupelo, MS | 19 | $947,042 | 5.8% |
| 7 | Citizens Bank | Elizabethton, TN | 16 | $2,290,250 | 5.6% |
| 8 | Allegiance Bank | Houston, TX | 15 | $1,102,907 | 5.4% |
| 9 | Newtek Small Business Finance | Lake Success, NY | 15 | $900,167 | 6.0% |
| 10 | United Midwest Savings Bank | De Graff, OH | 15 | $377,867 | 5.9% |
Connect me to a Houston lender!
Here’s a tip: Instead of searching for “business loans near me” or “SBA lenders near me,” expand your search. You probably weren’t aware that in some cases, the best banks for Houston SBA loans may not even be based in Houston! Nationwide preferred SBA lenders provide financing to businesses across the country. SbaLenders.com can connect you with both local and nationwide Houston SBA lenders to help you secure the right loan for your business