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San Jose has a powerful local economy that’s heavily supported by thriving small businesses. To that end, lenders are quick to sanction small business loans in San Jose to support this growing community of business owners. At SbaLenders.com, we pride ourselves in finding you financial solutions that help your business reach new heights.
Opt for an SBA loan in San Jose to meet your small business financing needs. You can obtain up to $5 million in a San Jose SBA loan which can be used to meet working capital requirements, acquire real estate, purchase machinery and equipment, buy out a partner, and more.
Sure, there will be other small business loans in San Jose, but the SBA loans offered under the 7(a) and 504 programs are the easiest options. There’s less red tape and a greater chance of being approved as lenders get a guarantee for these loans by the SBA. Given the local thriving economy, these top SBA lenders in San Jose will be your best bet:
| Rank | San Jose Lender | Headquarters | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Bank of the West | Bank of the West | 14 | $1,483,143 | 4.1% |
| 2 | Live Oak | Live Oak | 5 | $2,339,660 | 5.2% |
| 3 | MUFG Union Bank | MUFG Union Bank | 6 | $2,155,600 | 4.0% |
| 4 | Newtek Small Business Finance | Newtek Small Business Finance | 5 | $365,800 | 6.0% |
| 5 | Pinnacle Bank | Pinnacle Bank | 9 | $500,000 | 4.8% |
| 6 | U.S. Bank | U.S. Bank | 27 | $233,556 | 5.7% |
| 7 | Wells Fargo | Wells Fargo | 5 | $795,900 | 7.3% |
Connect me to a San Jose lender!
Tip: Searching for “San Jose business loans” or “SBA lenders near me” won’t do the trick. You’ll be missing out on the many nationwide SBA lenders that can also provide financing for businesses in San Jose. We can help connect you to those lenders that can often beat the terms that your local banks offer!