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Top SBA Lenders in Jacksonville
Small business loans in Jacksonville are available from many SBA lenders. Here are the most active Jacksonville SBA lenders:
| Rank | SBA Lender | SBA Lender HQs | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Newtek Bank | Miami, FL | 50 | $221,480 | 11.6% |
| 2 | TD Bank | Wilmington, DE | 36 | $374,583 | 11.0% |
| 3 | United Midwest Savings Bank | De Graff, OH | 28 | $507,029 | 10.5% |
| 4 | Huntington Bank | Columbus, OH | 21 | $567,700 | 10.5% |
| 5 | Readycap Lending, LLC | Berkeley Heights, NJ | 16 | $237,194 | 13.0% |
| 6 | Northeast Bank | Lewiston, ME | 14 | $140,314 | 10.7% |
| 7 | Wells Fargo | Sioux Falls, SD | 14 | $88,357 | 12.3% |
| 8 | Celtic Bank | Salt Lake City, UT | 13 | $330,946 | 10.7% |
| 9 | Live Oak | Wilmington, NC | 12 | $560,500 | 10.1% |
| 10 | Lendistry SBLC | Los Angeles, CA | 12 | $195,817 | 12.1% |
| 11 | BayFirst National Bank | Saint Petersburg, FL | 12 | $189,842 | 12.4% |
| 12 | Gbank | Las Vegas, NV | 10 | $3,040,660 | 9.6% |
| 13 | Bank of George | Las Vegas, NV | 10 | $3,040,660 | 9.6% |
| 14 | Harvest Small Business Finance | Laguna Hills, CA | 10 | $686,130 | 10.5% |
| 15 | Pinnacle Bank | Nashville, TN | 9 | $1,637,456 | 9.6% |
| 16 | SouthState Bank | Winter Haven, FL | 9 | $919,333 | 10.6% |
| 17 | First Internet Bank of Indiana | Fishers, IN | 9 | $840,222 | 10.9% |
| 18 | Byline Bank | Chicago, IL | 7 | $751,429 | 10.9% |
| 19 | Bank of America | Charlotte, NC | 7 | $414,129 | 8.9% |
| 20 | JPMorgan Chase Bank | Columbus, OH | 7 | $227,857 | 11.8% |
Top Industries for SBA Loans in Jacksonville
| Rank | Industry | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 15 | Administrative Management and General Management Consulting Services | 3 | $405,433 | 10.4% |
| 13 | All Other Amusement and Recreation Industries | 5 | $379,800 | 10.3% |
| 11 | All Other Miscellaneous Retailers | 2 | $175,000 | 11.7% |
| 14 | All Other Personal Services | 6 | $145,833 | 10.4% |
| 11 | All Other Professional, Scientific, and Technical Services | 3 | $929,000 | 11.3% |
| 16 | All Other Specialty Trade Contractors | 5 | $703,280 | 9.5% |
| 1 | All Other Support Activities for Transportation | 4 | $1,588,400 | 10.5% |
| 5 | Appliance Repair and Maintenance | 2 | $150,000 | 10.0% |
| 13 | Automotive Body, Paint, and Interior Repair and Maintenance | 4 | $1,246,250 | 10.0% |
| 7 | Barber Shops | 2 | $50,000 | 12.4% |
| 20 | Beauty Salons | 3 | $168,667 | 11.6% |
| 8 | Caterers | 2 | $658,000 | 9.5% |
| 17 | Child Care Services | 4 | $478,250 | 9.6% |
| 7 | Coin-Operated Laundries and Drycleaners | 2 | $794,750 | 10.4% |
| 8 | Convenience Retailers | 2 | $202,500 | 9.5% |
| 7 | Couriers and Express Delivery Services | 2 | $486,000 | 10.4% |
| 1 | Cut Stone and Stone Product Manufacturing | 3 | $551,667 | 10.3% |
| 18 | Electrical Contractors and Other Wiring Installation Contractors | 7 | $522,857 | 10.2% |
| 11 | Flooring Contractors | 2 | $3,000,000 | 9.4% |
| 4 | Food Service Contractors | 4 | $50,000 | 13.3% |
| 8 | Freight Transportation Arrangement | 2 | $298,750 | 11.3% |
| 16 | General Automotive Repair | 2 | $301,800 | 10.3% |
| 13 | General Freight Trucking, Long-Distance, Truckload | 5 | $114,640 | 12.4% |
| 18 | Home Health Care Services | 3 | $237,000 | 9.4% |
| 16 | Hotels (except Casino Hotels) and Motels | 5 | $4,840,000 | 7.8% |
| 19 | Insurance Agencies and Brokerages | 4 | $48,250 | 11.6% |
| 15 | Janitorial Services | 9 | $183,500 | 11.3% |
| 14 | Landscaping Services | 7 | $97,857 | 12.7% |
| 5 | Machine Shops | 2 | $1,245,500 | 9.1% |
| 11 | New Single-Family Housing Construction (except For-Sale Builders) | 3 | $268,333 | 9.1% |
| 1 | Office Machinery and Equipment Rental and Leasing | 2 | $709,500 | 9.9% |
| 12 | Offices of Certified Public Accountants | 3 | $751,000 | 9.2% |
| 15 | Offices of Dentists | 2 | $404,000 | 10.1% |
| 17 | Offices of Mental Health Practitioners (except Physicians) | 4 | $155,750 | 11.1% |
| 11 | Offices of Real Estate Agents and Brokers | 2 | $126,350 | 12.3% |
| 4 | Other Activities Related to Real Estate | 2 | $265,000 | 11.3% |
| 8 | Other Building Finishing Contractors | 3 | $576,667 | 10.3% |
| 2 | Other Foundation, Structure, and Building Exterior Contractors | 3 | $1,760,667 | 9.8% |
| 18 | Other Personal Care Services | 12 | $256,875 | 10.8% |
| 4 | Outpatient Mental Health and Substance Abuse Centers | 2 | $285,500 | 9.5% |
| 2 | Packaging and Labeling Services | 4 | $400,000 | 11.5% |
| 15 | Painting and Wall Covering Contractors | 6 | $109,000 | 12.2% |
| 4 | Pet and Pet Supplies Retailers | 4 | $242,025 | 11.2% |
| 13 | Pet Care (except Veterinary) Services | 2 | $1,331,450 | 9.9% |
| 11 | Roofing Contractors | 2 | $320,200 | 10.0% |
| 10 | Services for the Elderly and Persons with Disabilities | 3 | $199,000 | 8.7% |
| 1 | Soft Drink Manufacturing | 4 | $350,000 | 10.5% |
| 10 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 5 | $406,000 | 10.2% |
| 12 | Vending Machine Operators | 5 | $44,000 | 13.3% |
Finding the right SBA lender in Jacksonville can be the key to unlocking the funding your business needs. Whether you’re expanding, purchasing equipment, or managing cash flow, we connect you with top SBA lenders in Jacksonville and nationwide. Click “Connect me to a Jacksonville Lender” now to find the best financing options for your business!
Connect me to a Jacksonville lender!
Top SBA Lenders in Jacksonville | Jacksonville SBA Loans
Introduction
Jacksonville is a growing business hub, home to diverse industries including logistics, finance, and healthcare. However, many small business owners face challenges in securing funding. SBA loans in Jacksonville offer an excellent financing solution, providing low-interest rates, long repayment terms, and accessible funding for businesses that may not qualify for traditional loans. Whether you need funds to expand, purchase equipment, or manage working capital, an SBA loan can help fuel your business growth.
SBA Lending in Jacksonville: Last Year Overview
SBA loans continue to play a significant role in supporting Jacksonville’s small business community. Here’s an overview of last year’s SBA lending activity:
- Total SBA Loans Issued: $111,119,800
- Number of SBA Loans: 192
- Average Loan Amount: $578,748.96
- Average Interest Rate: 11.15%
- Jobs Supported: 1,824
- SBAlenders.com City Ranking: #24 in the U.S.
These figures highlight the impact of SBA loans in Jacksonville, helping small businesses access crucial funding while supporting job creation and economic growth.
Why Lenders Choose Us
Lenders work with us because we simplify the SBA loan process, ensuring business owners secure the best financing options available. Here’s why lenders trust us:
- Extensive Network of SBA-Approved Lenders: We connect businesses with the top SBA lenders in Jacksonville and nationwide.
- Efficient Loan Application Process: Our system streamlines approvals and minimizes paperwork.
- Expert Business Loan Guidance: Our team helps business owners navigate SBA loan requirements to maximize their chances of approval.
- Tailored Loan Matching: We analyze each business’s needs and match them with the most suitable lenders.
- Proven Success: Thousands of businesses have secured SBA funding through our platform, helping them expand and create jobs.
By working with us, lenders can efficiently support small businesses while ensuring successful loan outcomes.
Overview of SBA Loan Program in Jacksonville
The SBA 7(a) loan program is the most flexible SBA loan option, designed to support various business needs. Here’s what you need to know about SBA loans:
- Loan Size: Up to $5,000,000
- Loan Term: 10 years for non-real estate loans; 25 years for real estate loans
- Interest Rates: Slightly higher than conventional loans, negotiated with lenders within SBA’s maximum interest rate
- Use of Loan Proceeds: Business acquisitions, real estate purchases, equipment financing, debt refinancing, partner buyouts, franchise openings, and working capital
- Down Payment: Typically 10% to 20%
- Credit Score Requirement: 680+ is ideal, with a minimum of 640 for consideration
- Collateral: Not required, but all available collateral must be pledged
SBA loans are designed for businesses that may not qualify under traditional lending standards, offering lower down payments, longer repayment terms, and fewer financial restrictions.
Surrounding Areas
Business owners in nearby areas may also find SBA lending opportunities in these cities:
Atlantic Beach, Fernandina Beach, Fruit Cove, Green Cove Springs, Jacksonville Beach, Lakeside, Macclenny, Middleburg, Neptune Beach, Orange Park, Palm Valley, Ponte Vedra, St. Augustine, St. Johns, Yulee.
Resources for Small Businesses in Jacksonville
Jacksonville business owners have access to valuable resources to support their growth:
- Jacksonville SBA District Office – Provides assistance with SBA loan programs and applications.
- SCORE Jacksonville – Offers free business mentoring and workshops.
- Small Business Development Centers (SBDC) – Provides consulting services for small businesses.
- Jacksonville Chamber of Commerce – Connects business owners with networking and funding opportunities.
Summary
SBA loans continue to be a key funding source for small businesses in Jacksonville, providing necessary capital to fuel business growth and job creation. With competitive interest rates, flexible repayment terms, and strong business support, securing an SBA loan could be the key to your business’s success. If you’re looking for the best SBA lenders in Jacksonville, explore your options today and take the next step toward securing the right financing.