Are you a small business owner looking to obtain an SBA loan in Los Angeles? We can help connect you to SBA lenders in LA that can provide you with the financing you need. It doesn’t matter if your business is based in Downtown Los Angeles or Long Beach.
Our partners work with small businesses in the greater Los Angeles area to help them take their business to the next level. These are the top LA SBA lenders based on recent loan activity:
|Rank||Los Angeles Lender||Headquarters||# Loans||Avg Loan||Avg Interest|
|1||Bank of Hope||Los Angeles, CA||38||$717,618||4.9%|
|2||Commonwealth Business Bank||Los Angeles, CA||26||$1,386,769||4.7%|
|3||Pacific City Bank||Los Angeles, CA||24||$1,309,083||4.4%|
|4||MUFG Union Bank||San Francisco, CA||20||$2,331,880||3.5%|
|5||First Bank||Southern Pines, NC||16||$2,215,000||5.4%|
|6||Enterprise Bank & Trust||Clayton, MO||16||$945,431||5.2%|
|7||Citizens Bank||Elizabethton, TN||16||$425,250||5.9%|
|8||Hanmi Bank||Los Angeles, CA||14||$1,247,321||4.6%|
|9||BancorpSouth Bank||Tupelo, MS||13||$219,385||6.0%|
These LA SBA loan providers can help you unlock new avenues of growth for your business aided by financing through the various programs offered by the Small Business Administration. Whether you need an SBA 504 loan to purchase hard assets or an SBA 7(a) loan to meet working capital requirements, these lenders can provide you with exactly what you’re looking for.
Here’s a tip: Instead of searching for “business loans near me” or “SBA lenders near me,” expand your horizons. You probably weren’t aware that in some cases, the best banks for LA SBA loans may not even be based in Los Angeles! Nationwide preferred SBA lenders provide financing to businesses across the country. SbaLenders.com can connect you with both local and nationwide LA SBA lenders to help you secure the right loan for your business.