Last annual update:
Few Arizona-based banks were among the largest lenders to “The Grand Canyon State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Arizona:
Most active SBA lenders in Arizona
| Rank | Arizona Bank | Bank Headquarters | # of AZ Loans | Avg Interest | Avg Arizona Loan |
|---|---|---|---|---|---|
| * | Reach Top SBA Lenders | Nationwide | |||
| 1 | U.S. Bank | Cincinnati, OH | 118 | 6.88 | $49,378 |
| 2 | Wells Fargo | Sioux Falls, SD | 67 | 7.15 | $437,527 |
| 3 | United Midwest Savings Bank | De Graff, OH | 44 | 6.08 | $303,514 |
| 4 | Celtic Bank | Salt Lake City, UT | 41 | 6.08 | $1,077,712 |
| 5 | Sunflower Bank | Denver, CO | 33 | 5.04 | $934,312 |
| 6 | Zions Bank | Salt Lake City, UT | 24 | 6.55 | $624,208 |
| 7 | Horizon Community Bank | Lake Havasu City, AZ | 21 | 6.05 | $595,967 |
| 8 | MidFirst Bank | Oklahoma City, OK | 20 | 5.64 | $1,397,920 |
| 9 | MUFG Union Bank | San Francisco, CA | 20 | 4.24 | $1,041,465 |
| 10 | Live Oak | Wilmington, NC | 19 | 5.68 | $1,862,211 |
| 11 | Meadows Bank | Las Vegas, NV | 19 | 5.12 | $903,474 |
| 12 | JPMorgan Chase Bank | Columbus, OH | 17 | 7.66 | $343,812 |
| 13 | Metro Phoenix Bank | Phoenix, AZ | 16 | 5.41 | $735,806 |
| 14 | Midwest Regional Bank | Festus, MO | 15 | 6.60 | $411,133 |
| 15 | Mountain America FCU | Sandy, UT | 12 | 7.43 | $305,725 |
| 16 | Comerica Bank | Dallas, TX | 12 | 5.38 | $168,100 |
| 17 | Pacific Western Bank | Beverly Hills, CA | 12 | 5.10 | $1,285,167 |
| 18 | Bank of the West | San Francisco, CA | 12 | 4.62 | $698,425 |
| 19 | CDC Small Business Finance | San Diego, CA | 11 | 8.20 | $110,791 |
| 20 | Cadence Bank | Atlanta, GA | 10 | 6.13 | $204,500 |
SBA loans – Arizona
A note about these Arizona SBA lenders – People frequently ask us if one of the banks above is 1) on the Arizona preferred lender list 2) an approved lender in Arizona, or 3) participating in the Arizona SBA Express lending program. All these questions revolve around whether a given SBA bank makes small business SBA loans in Arizona and can they process SBA loans quickly. The answer is yes, of course. These are not the small banks that only make a few SBA loans a year and do not understand the SBA 7(a) loan program. These are the banks that have made the most SBA loans in Arizona. We analyze thousands of SBA loans each year and rank lenders based on recent activity. We would be remiss if we did not mention that although many banks will only lend in certain geographies, there are a handful of extremely aggressive nationwide SBA lenders who will lend anywhere. These lenders understand the SBA program as well as anyone and move very quickly, so we recommend not limiting your search to your home state. If you utilize our lender match tool, we can find you suitable SBA banks based on your geography, industry, and company and size at no cost or obligation to you to save you valuable time.