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Need Funding for Your Portland Business?
SBA loans are one of the smartest ways to grow—offering low down payments, longer terms, and government-backed flexibility that banks can’t match.
Whether you’re launching a new venture, expanding your team, buying real estate, or upgrading equipment, SBA lenders are ready to help make it happen.
Below are the most active SBA lenders in Portland—handpicked from our network of hundreds of lenders nationwide. We’ll match you with the best local or national bank to get you the lowest rates and fastest funding!
Top SBA Lenders in Portland
| Rank | SBA Lender | SBA Lender HQs | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 98 | $166,776 | 10.2% |
| 2 | Columbia Bank | Lake Oswego, OR | 67 | $62,616 | 12.5% |
| 3 | Newtek Bank | Miami, FL | 42 | $555,238 | 10.9% |
| 4 | Wells Fargo | Sioux Falls, SD | 30 | $798,883 | 9.0% |
| 5 | Readycap Lending, LLC | Berkeley Heights, NJ | 30 | $469,933 | 12.3% |
| 6 | Huntington Bank | Columbus, OH | 20 | $703,215 | 10.0% |
| 7 | Banc of California | Los Angeles, CA | 17 | $2,108,906 | 7.7% |
| 8 | Northeast Bank | Lewiston, ME | 17 | $114,259 | 10.8% |
| 9 | Banner Bank | Walla Walla, WA | 16 | $144,231 | 9.0% |
| 10 | BayFirst National Bank | Saint Petersburg, FL | 16 | $131,981 | 13.1% |
| 11 | Live Oak | Wilmington, NC | 14 | $1,202,071 | 9.1% |
| 12 | KeyBank | Cleveland, OH | 14 | $458,764 | 11.0% |
| 13 | United Midwest Savings Bank | De Graff, OH | 14 | $297,914 | 10.4% |
| 14 | Port 51 Lending | New York, NY | 12 | $1,008,750 | 10.7% |
| 15 | Associated Bank | New York, NY | 12 | $1,008,750 | 10.7% |
| 16 | New York, NY | 12 | $1,008,750 | 10.7% | |
| 17 | Celtic Bank | Salt Lake City, UT | 12 | $899,717 | 10.5% |
| 18 | Washington Trust Bank | Spokane, WA | 10 | $362,850 | 10.2% |
| 19 | Micro Enterprise Services of Oregon | Portland, OR | 9 | $76,000 | 9.5% |
| 20 | JPMorgan Chase Bank | Columbus, OH | 8 | $333,438 | 10.8% |
Top Industries for SBA Loans in Portland
| Rank | Industry | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 15 | Advertising Agencies | 21 | $530,952 | 11.5% |
| 14 | All Other General Merchandise Retailers | 2 | $135,000 | 10.5% |
| 5 | All Other Home Furnishings Retailers | 2 | $696,500 | 10.3% |
| 3 | All Other Miscellaneous Food Manufacturing | 2 | $2,507,500 | 8.9% |
| 19 | All Other Miscellaneous Retailers | 7 | $572,171 | 8.7% |
| 11 | All Other Specialty Food Retailers | 2 | $97,500 | 12.5% |
| 20 | Architectural Services | 2 | $1,850,000 | 8.4% |
| 9 | Assisted Living Facilities for the Elderly | 7 | $964,286 | 9.8% |
| 3 | Boat Dealers | 4 | $875,000 | 9.8% |
| 1 | Book Publishers | 2 | $30,000 | 12.0% |
| 4 | Building Inspection Services | 2 | $150,000 | 10.3% |
| 5 | Clothing and Clothing Accessories Merchant Wholesalers | 2 | $30,000 | 9.0% |
| 18 | Commercial Printing (except Screen and Books) | 2 | $175,000 | 13.4% |
| 3 | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers | 4 | $1,425,000 | 10.5% |
| 13 | Convenience Retailers | 8 | $888,825 | 9.8% |
| 18 | Cosmetics, Beauty Supplies, and Perfume Retailers | 5 | $48,960 | 11.7% |
| 13 | Couriers and Express Delivery Services | 4 | $982,125 | 8.7% |
| 3 | Dental Laboratories | 3 | $1,700,000 | 10.3% |
| 18 | Drinking Places (Alcoholic Beverages) | 5 | $135,800 | 11.1% |
| 7 | Elementary and Secondary Schools | 2 | $93,650 | 14.5% |
| 4 | Executive Search Services | 2 | $24,000 | 8.5% |
| 7 | Exterminating and Pest Control Services | 3 | $712,000 | 8.8% |
| 2 | Farm and Garden Machinery and Equipment Merchant Wholesalers | 2 | $500,000 | 9.1% |
| 14 | Gasoline Stations with Convenience Stores | 3 | $3,260,933 | 8.8% |
| 9 | Graphic Design Services | 4 | $37,100 | 12.2% |
| 7 | Hobby, Toy, and Game Retailers | 4 | $151,425 | 10.5% |
| 4 | Human Resources Consulting Services | 4 | $350,000 | 11.5% |
| 16 | Interior Design Services | 2 | $2,517,500 | 9.0% |
| 15 | Mobile Food Services | 2 | $28,000 | 8.7% |
| 20 | Offices of Chiropractors | 7 | $336,457 | 9.0% |
| 16 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 2 | $113,100 | 9.5% |
| 18 | Offices of Real Estate Agents and Brokers | 4 | $177,625 | 10.0% |
| 2 | Other Concrete Product Manufacturing | 2 | $243,000 | 7.7% |
| 11 | Other Management Consulting Services | 4 | $462,750 | 10.1% |
| 12 | Other Personal and Household Goods Repair and Maintenance | 3 | $77,033 | 12.3% |
| 8 | Other Specialized Design Services | 2 | $282,500 | 10.8% |
| 6 | Pet and Pet Supplies Retailers | 2 | $359,050 | 11.9% |
| 2 | Photographic Equipment and Supplies Merchant Wholesalers | 4 | $1,872,000 | 8.3% |
| 7 | Portfolio Management and Investment Advice | 2 | $100,000 | 11.4% |
| 4 | Promoters of Performing Arts, Sports, and Similar Events without Facilities | 2 | $289,500 | 11.6% |
| 5 | Public Relations Agencies | 3 | $193,333 | 11.6% |
| 16 | Roofing Contractors | 2 | $672,750 | 9.1% |
| 7 | Security Systems Services (except Locksmiths) | 5 | $474,160 | 8.3% |
| 16 | Services for the Elderly and Persons with Disabilities | 2 | $511,550 | 7.8% |
| 10 | Site Preparation Contractors | 3 | $96,667 | 10.5% |
| 6 | Solid Waste Collection | 2 | $20,000 | 12.5% |
| 2 | Tire Dealers | 3 | $392,333 | 10.7% |
| 12 | Used Car Dealers | 3 | $965,233 | 9.5% |
| 18 | Vending Machine Operators | 2 | $85,000 | 10.3% |
| 1 | Wineries | 5 | $130,000 | 11.1% |
Looking for funding to launch or grow your business in Portland? SBA lenders offer flexible, government-backed loans designed to help local entrepreneurs like you succeed. Whether you need capital for expansion, equipment, or real estate, the right lender can make it happen. Click below to get matched with top SBA lenders in Portland and take the next step toward your business goals.
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Top SBA Lenders in Portland | Portland SBA Loans
Introduction
Small businesses are at the heart of Portland’s entrepreneurial spirit, driving innovation and shaping the city’s unique economic and cultural landscape. With rising costs and increasing competition, obtaining reliable financing is critical for business success. That’s where SBA loans come in—offering local entrepreneurs the funding they need to start, expand, and thrive. Whether you’re launching a creative startup in Alberta Arts District or scaling your food business in the Pearl District, Portland’s SBA lenders are ready to help.
SBA Lending in Portland: Last Year Overview
Portland ranked 27th in the nation for SBA loan volume, demonstrating strong support for local businesses. Here are the key numbers:
- Total SBA Loans Issued: $99.6 million
- Number of SBA Loans: 238
- Average Loan Amount: $418,620
- Average Interest Rate: 11.27%
- Jobs Supported: 2,134
- SBAlenders.com City Ranking: 27th
These figures highlight SBA loans as a key resource for business development and job creation in the Portland area.
Success Stories of Small Businesses in Portland
Here are five Portland-based small businesses that created the most jobs through SBA loan funding last year:
- TrackersNW – A leader in outdoor education and recreation, supported 199 jobs.
- Certifix LLC – Operates in professional, scientific, and technical services, supporting 49 jobs.
- Kenton Animal Hospital – A veterinary practice making a community impact with 40 jobs.
- NAKAJIMA CORPORATION – A food service contractor that supported 36 jobs.
- Pedal PT – Specializes in physical therapy for cyclists and athletes, contributing 34 jobs.
These businesses reflect Portland’s vibrant economy and the wide range of industries strengthened by SBA financing.
Overview of SBA Loan Program in Portland
The SBA 7(a) loan program is the cornerstone of SBA lending in Portland, designed for flexibility and accessibility. Whether you’re planning a business acquisition, buying real estate, investing in equipment, or handling a partner buyout, SBA loans offer competitive terms and options tailored for growth.
Key Features:
- Loan Size: Up to $5 million
- Loan Term: 10 years (non-real estate), 25 years (real estate)
- Interest rates: Slightly higher than traditional loans
- Down payment: Typically 10–20%
- Credit score: 680+ preferred
- EBITDA: Should be 115% of loan payment or more
- Collateral: Not required, but lenders may secure available assets
- Loan covenants: None required for SBA loans
This makes SBA financing more accessible to Portland entrepreneurs who may not qualify for conventional lending.
Surrounding Areas
If you’re near Portland or doing business regionally, here are 15 surrounding cities and towns that are part of the broader small business community:
- Aloha
- Beaverton
- Clackamas
- Forest Grove
- Gresham
- Happy Valley
- Hillsboro
- Lake Oswego
- Milwaukie
- Oregon City
- Sherwood
- Tigard
- Troutdale
- Tualatin
- West Linn
Each of these areas also benefits from SBA lending and local development initiatives.
Resources for Small Businesses in Portland
Portland entrepreneurs have access to outstanding support networks that specialize in small business success:
- Portland SBA District Office – Provides loan program guidance and connections to lenders.
- SCORE Portland Chapter – Offers free mentoring, workshops, and business tools.
- Oregon SBDC Network – Delivers no-cost consulting, training, and funding support.
- Mercy Corps Northwest – Focuses on underserved entrepreneurs with microloans and training.
- Prosper Portland – Supports equitable business growth and inclusive innovation.
These resources are crucial for preparing SBA loan applications, refining business strategies, and scaling operations.
Summary
SBA loans are powering Portland’s small business ecosystem—from startups in the tech corridor to long-standing neighborhood shops. With nearly $100 million in SBA loan funding last year, over 2,100 jobs were supported across the city. Whether you’re exploring business acquisitions, expanding your services with new equipment, or investing in real estate, the SBA loan program is a smart and strategic choice.
Ready to find the top SBA lenders in Portland or explore SBA loans near me in Portland? Visit SBALenders.com to get matched with the right lending partner.