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You don’t need to be a wizard at business financing to know how SBA Las Vegas loans can provide a crucial life line for your business. The process to get an SBA loan in Las Vegas is simple enough and it can enable you to capitalize on business opportunities that may have been lost due to lack of capital.
Conventional small business loans in Nevada can be hard to come by, particularly for businesses that are just starting out as lenders tend to consider them as high risk. That’s what makes SBA loans in Las Vegas such a great option for entrepreneurs in the city.
Commonly offered under the SBA 7(a) and 504 programs, these Las Vegas small business loans can provide financing of up to $5 million to businesses in almost every industry. The terms tend to be attractive as well with low rates and easy repayment options. These are some of the best Las Vegas SBA lenders:
| Rank | Las Vegas Lender | Headquarters | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 43 | $418,084 | 5.7% |
| 2 | Wells Fargo | Sioux Falls, SD | 30 | $101,500 | 7.8% |
| 3 | Citizens Bank | Elizabethton, TN | 24 | $455,133 | 5.7% |
| 4 | Zions Bank | Salt Lake City, UT | 21 | $817,052 | 4.9% |
| 5 | America First FCU | Riverdale, UT | 14 | $976,250 | 5.3% |
| 6 | Bank of the West | San Francisco, CA | 14 | $835,700 | 4.6% |
| 7 | Newtek Small Business Finance | Lake Success, NY | 12 | $532,500 | 6.0% |
Connect me to a Vegas lender!
Don’t forget: Searching for just “business loans near me” or “SBA lenders near me” won’t get you the right results. There may be SBA lenders outside Las Vegas that can offer you a better deal! At SbaLenders.com, we strive to connect you to the right local and nationwide SBA lenders so that your business can get the funding it needs at the terms you’re happy with.