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Top SBA Lenders in Las Vegas
| Rank | SBA Lender | SBA Lender HQs | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 304 | $138,893 | 10.0% |
| 2 | Beacon Bank | Riverdale, UT | 117 | $992,559 | 8.3% |
| 3 | Riverdale, UT | 117 | $992,559 | 8.3% | |
| 4 | America First Federal Credit Union | Riverdale, UT | 117 | $992,559 | 8.3% |
| 5 | Newtek Bank | Miami, FL | 112 | $405,500 | 11.4% |
| 6 | Zions Bank | Salt Lake City, UT | 110 | $373,488 | 9.6% |
| 7 | Wells Fargo | Sioux Falls, SD | 53 | $351,457 | 12.4% |
| 8 | Northeast Bank | Lewiston, ME | 47 | $127,287 | 10.8% |
| 9 | Readycap Lending, LLC | Berkeley Heights, NJ | 43 | $304,349 | 12.8% |
| 10 | Live Oak | Wilmington, NC | 28 | $1,135,214 | 9.3% |
| 11 | BayFirst National Bank | Saint Petersburg, FL | 23 | $163,543 | 12.5% |
| 12 | Huntington Bank | Columbus, OH | 20 | $628,130 | 10.3% |
| 13 | JPMorgan Chase Bank | Columbus, OH | 20 | $166,020 | 12.7% |
| 14 | Celtic Bank | Salt Lake City, UT | 18 | $455,583 | 10.6% |
| 15 | United Midwest Savings Bank | De Graff, OH | 18 | $165,056 | 10.8% |
| 16 | Bank of America | Charlotte, NC | 17 | $778,959 | 7.3% |
| 17 | CRF Small Business Loan Company | Minneapolis, MN | 14 | $456,157 | 10.6% |
| 18 | Lendistry SBLC | Los Angeles, CA | 14 | $158,379 | 12.1% |
| 19 | First Internet Bank of Indiana | Fishers, IN | 12 | $1,190,917 | 10.7% |
| 20 | Bank of George | Las Vegas, NV | 12 | $464,233 | 10.3% |
Top Industries for SBA Loans in Las Vegas
| Rank | Industry | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 16 | Administrative Management and General Management Consulting Services | 6 | $95,833 | 11.3% |
| 14 | All Other Amusement and Recreation Industries | 5 | $451,100 | 9.0% |
| 6 | All Other Automotive Repair and Maintenance | 9 | $447,500 | 9.0% |
| 6 | All Other Consumer Goods Rental | 2 | $670,000 | 10.1% |
| 8 | All Other General Merchandise Retailers | 5 | $657,200 | 11.4% |
| 5 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 10 | $1,244,590 | 7.5% |
| 1 | All Other Miscellaneous Food Manufacturing | 2 | $1,832,800 | 8.8% |
| 6 | All Other Miscellaneous Manufacturing | 8 | $124,575 | 9.2% |
| 12 | All Other Miscellaneous Retailers | 14 | $344,464 | 9.6% |
| 3 | All Other Miscellaneous Waste Management Services | 18 | $605,550 | 7.9% |
| 16 | All Other Personal Services | 20 | $127,780 | 10.7% |
| 13 | All Other Professional, Scientific, and Technical Services | 3 | $91,333 | 13.7% |
| 18 | All Other Specialty Trade Contractors | 19 | $928,879 | 9.0% |
| 13 | Architectural Services | 2 | $110,000 | 7.8% |
| 2 | Assisted Living Facilities for the Elderly | 3 | $755,000 | 8.9% |
| 14 | Automotive Body, Paint, and Interior Repair and Maintenance | 6 | $228,667 | 9.3% |
| 6 | Automotive Parts and Accessories Retailers | 9 | $986,000 | 9.0% |
| 5 | Baked Goods Retailers | 2 | $476,000 | 11.6% |
| 8 | Barber Shops | 2 | $40,000 | 9.5% |
| 15 | Beer, Wine, and Liquor Retailers | 11 | $924,655 | 9.9% |
| 8 | Breweries | 9 | $980,000 | 9.5% |
| 3 | Cafeterias, Grill Buffets, and Buffets | 4 | $250,000 | 11.0% |
| 7 | Car Washes | 2 | $8,000 | 10.5% |
| 2 | Carpet and Upholstery Cleaning Services | 3 | $629,000 | 9.8% |
| 18 | Child Care Services | 9 | $1,382,822 | 7.7% |
| 18 | Clothing and Clothing Accessories Retailers | 2 | $20,000 | 13.0% |
| 9 | Commercial and Institutional Building Construction | 2 | $175,000 | 8.8% |
| 10 | Commercial Printing (except Screen and Books) | 2 | $48,100 | 10.3% |
| 9 | Convenience Retailers | 2 | $224,500 | 8.6% |
| 9 | Cosmetics, Beauty Supplies, and Perfume Retailers | 2 | $10,000 | 13.0% |
| 12 | Drinking Places (Alcoholic Beverages) | 21 | $544,267 | 9.0% |
| 9 | Drycleaning and Laundry Services (except Coin-Operated) | 5 | $245,060 | 10.9% |
| 20 | Electrical Contractors and Other Wiring Installation Contractors | 11 | $375,727 | 10.5% |
| 4 | Electronic and Precision Equipment Repair and Maintenance | 2 | $50,000 | 9.0% |
| 5 | Electronics and Appliance Retailers | 12 | $231,667 | 11.2% |
| 5 | Elementary and Secondary Schools | 2 | $2,575,000 | 10.3% |
| 10 | Employment Placement Agencies | 8 | $95,625 | 10.9% |
| 10 | Engineering Services | 4 | $128,500 | 11.4% |
| 1 | Farm and Garden Machinery and Equipment Merchant Wholesalers | 9 | $309,100 | 6.8% |
| 12 | Flooring Contractors | 11 | $1,692,173 | 7.2% |
| 9 | Freight Transportation Arrangement | 2 | $155,000 | 12.5% |
| 6 | Furniture Retailers | 3 | $1,729,467 | 9.3% |
| 18 | General Automotive Repair | 12 | $367,417 | 9.8% |
| 15 | General Freight Trucking, Long-Distance, Truckload | 6 | $96,967 | 11.1% |
| 4 | General Line Grocery Merchant Wholesalers | 2 | $50,000 | 8.0% |
| 5 | Hobby, Toy, and Game Retailers | 7 | $481,657 | 9.1% |
| 20 | Home Health Care Services | 16 | $278,675 | 10.5% |
| 1 | Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers | 5 | $156,000 | 11.9% |
| 11 | Interior Design Services | 6 | $131,167 | 10.1% |
| 16 | Janitorial Services | 11 | $155,291 | 10.3% |
| 3 | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers | 4 | $50,000 | 11.5% |
| 16 | Landscaping Services | 10 | $514,030 | 9.2% |
| 2 | Lessors of Miniwarehouses and Self-Storage Units | 9 | $3,911,700 | 6.5% |
| 5 | Limousine Service | 11 | $1,580,000 | 9.1% |
| 14 | Marketing Consulting Services | 11 | $273,700 | 9.5% |
| 1 | Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers | 4 | $20,000 | 11.6% |
| 6 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 8 | $282,500 | 12.5% |
| 8 | Mobile Food Services | 4 | $617,500 | 9.6% |
| 5 | Motor Vehicle Towing | 4 | $34,000 | 11.4% |
| 1 | Music Publishers | 2 | $200,000 | 10.2% |
| 8 | Nail Salons | 2 | $100,000 | 7.7% |
| 1 | Narrow Fabric Mills and Schiffli Machine Embroidery | 2 | $45,000 | 9.2% |
| 2 | New Car Dealers | 2 | $2,500,000 | 9.3% |
| 12 | New Single-Family Housing Construction (except For-Sale Builders) | 6 | $83,333 | 11.3% |
| 17 | Offices of All Other Miscellaneous Health Practitioners | 20 | $241,560 | 10.9% |
| 13 | Offices of Certified Public Accountants | 8 | $203,125 | 9.5% |
| 17 | Offices of Dentists | 8 | $917,875 | 8.6% |
| 16 | Offices of Lawyers | 7 | $1,201,686 | 9.4% |
| 18 | Offices of Mental Health Practitioners (except Physicians) | 4 | $416,250 | 10.3% |
| 11 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 11 | $264,545 | 10.6% |
| 18 | Offices of Physicians (except Mental Health Specialists) | 9 | $496,989 | 10.0% |
| 7 | Offices of Physicians, Mental Health Specialists | 2 | $626,700 | 8.6% |
| 12 | Offices of Real Estate Agents and Brokers | 14 | $60,593 | 11.9% |
| 14 | Other Accounting Services | 20 | $327,615 | 8.5% |
| 1 | Other Communication and Energy Wire Manufacturing | 2 | $30,000 | 7.7% |
| 13 | Other Computer Related Services | 7 | $135,714 | 10.7% |
| 3 | Other Electronic Parts and Equipment Merchant Wholesalers | 12 | $1,637,208 | 8.1% |
| 7 | Other Management Consulting Services | 4 | $86,750 | 10.4% |
| 8 | Other Personal and Household Goods Repair and Maintenance | 6 | $207,067 | 10.9% |
| 19 | Other Personal Care Services | 31 | $665,161 | 9.7% |
| 8 | Other Scientific and Technical Consulting Services | 5 | $40,800 | 11.9% |
| 12 | Other Services to Buildings and Dwellings | 11 | $700,636 | 8.1% |
| 1 | Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) | 8 | $150,000 | 11.8% |
| 16 | Painting and Wall Covering Contractors | 8 | $93,750 | 9.8% |
| 15 | Pet Care (except Veterinary) Services | 4 | $273,175 | 9.0% |
| 4 | Pharmacies and Drug Retailers | 2 | $664,400 | 7.8% |
| 7 | Photography Studios, Portrait | 5 | $194,740 | 9.6% |
| 9 | Poured Concrete Foundation and Structure Contractors | 4 | $42,500 | 11.7% |
| 1 | Private Households | 2 | $353,400 | 8.5% |
| 10 | Residential Property Managers | 12 | $707,417 | 7.1% |
| 9 | Retail Bakeries | 5 | $48,300 | 12.8% |
| 1 | Sawmill, Woodworking, and Paper Machinery Manufacturing | 2 | $175,000 | 9.4% |
| 1 | Scenic and Sightseeing Transportation, Land | 2 | $339,400 | 10.3% |
| 1 | Shoe Retailers | 2 | $413,500 | 9.5% |
| 6 | Sign Manufacturing | 10 | $2,237,540 | 7.6% |
| 8 | Site Preparation Contractors | 6 | $1,430,333 | 11.1% |
| 1 | Sound Recording Studios | 2 | $308,700 | 9.5% |
| 3 | Specialized Automotive Repair | 3 | $83,333 | 11.7% |
| 9 | Sports and Recreation Instruction | 4 | $40,000 | 12.7% |
| 11 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 3 | $739,133 | 8.2% |
| 2 | Surgical Appliance and Supplies Manufacturing | 4 | $500,000 | 10.5% |
| 9 | Tax Preparation Services | 6 | $188,167 | 12.5% |
| 2 | Testing Laboratories and Services | 2 | $107,000 | 8.3% |
| 9 | Used Car Dealers | 29 | $897,631 | 7.6% |
| 2 | Used Merchandise Retailers | 2 | $50,000 | 8.5% |
| 5 | Veterinary Services | 2 | $1,040,000 | 9.0% |
| 2 | Water and Sewer Line and Related Structures Construction | 2 | $1,525,000 | 9.4% |
| 6 | Wholesale Trade Agents and Brokers | 6 | $412,717 | 10.6% |
Las Vegas businesses can access up to $5 million in SBA 7(a) and 504 loans with competitive rates and flexible repayment terms. But the best lender might not be in your backyard! Click “Connect me to a Vegas Lender” to get matched with top local and nationwide SBA lenders and secure the best financing for your business.
Top SBA Lenders in Las Vegas | Las Vegas SBA Loans
Introduction
Las Vegas is more than just a tourist hotspot—it’s a growing business hub with a thriving entrepreneurial community. However, securing funding can be a challenge for many small businesses. That’s where SBA loans in Las Vegas come in. These loans, backed by the U.S. Small Business Administration, offer flexible terms, low interest rates, and accessible funding for businesses across various industries. Whether you’re looking to expand, purchase equipment, or refinance debt, SBA loans provide the financial support needed to grow your business.
SBA Lending in Las Vegas: Last Year Overview
Las Vegas small businesses continue to benefit from SBA financing. Here’s a breakdown of SBA lending activity from last year:
- Total SBA Loans Issued: $198,076,600
- Number of SBA Loans: 436
- Average Loan Amount: $454,304.13
- Average Interest Rate: 10.98%
- Jobs Supported: 5,767
- SBAlenders.com City Ranking: #8 in the U.S.
These numbers highlight the crucial role SBA loans play in helping Las Vegas businesses grow while creating thousands of jobs in the local economy.
Why Lenders Choose Us
Lenders trust us because we make the SBA loan process seamless for both them and business owners. Here’s why they partner with us:
- Extensive Network of SBA-Approved Lenders: We connect businesses with the best SBA lenders in Las Vegas and nationwide.
- Efficient Loan Application Process: Our streamlined system speeds up approvals and removes unnecessary roadblocks.
- Expert Business Loan Guidance: We help businesses navigate SBA loan requirements to secure the best possible financing.
- Tailored Loan Matching: We match businesses with lenders who specialize in their industry and funding needs.
- Proven Track Record: Thousands of entrepreneurs 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 lending outcomes.
Overview of SBA Loan Program in Las Vegas
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 but negotiated with the lender within the SBA’s maximum interest rate
- Use of Loan Proceeds: Business acquisitions, real estate purchases, equipment, 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 for traditional commercial loans, offering lower down payments, longer repayment terms, and fewer financial restrictions.
Surrounding Areas
Business owners in nearby cities may also find SBA lending opportunities in these areas:
Boulder City, Enterprise, Henderson, Mesquite, North Las Vegas, Paradise, Spring Valley, Summerlin, Sunrise Manor, Whitney, Winchester, Pahrump, Sandy Valley, Moapa Valley, Indian Springs.
Resources for Small Businesses in Las Vegas
Las Vegas business owners have access to various resources to support their growth:
- Las Vegas SBA District Office – Offers guidance on SBA loan programs and assistance with the application process.
- SCORE Las Vegas – Provides free business mentoring and workshops.
- Small Business Development Centers (SBDC) – Offers consulting services to help businesses succeed.
- Las Vegas Chamber of Commerce – Connects small businesses with networking and funding opportunities.
Summary
SBA loans have become a critical financial tool for small businesses in Las Vegas, providing necessary funding to fuel 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 Las Vegas, explore your options today and take the next step toward securing the right financing.