Top Nevada SBA Lenders | SBA Loans in NV

Last annual update: May 8, 2023

 

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Huge, nationwide banks were among the largest lenders to “The Silver State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, 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 Nevada:

Top SBA lenders in Nevada

NV RankNevada BankBank HQs# of LoansAvg InterestAvg NV Loan
1U.S. BankCincinnati, OH1206.9%$97,512
2Wells FargoSioux Falls, SD318.8%$188,013
3Newtek Small Business FinanceLake Success, NY268.1%$479,473
4Live OakWilmington, NC196.5%$1,649,553
5America First FCURiverdale, UT176.1%$600,335
6Zions BankSalt Lake City, UT166.6%$810,725
7BayFirst National BankSaint Petersburg, FL128.8%$235,325
8Bank of AmericaCharlotte, NC113.6%$314,545
9Readycap Lending, LLCBerkeley Heights, NJ118.0%$118,909
10BancorpSouth BankTupelo, MS106.6%$297,500
11Celtic BankSalt Lake City, UT106.7%$348,750

 

SBA loans – Nevada

A note about these Nevada SBA lenders – People frequently ask us if one of the banks above is 1) on the Nevada preferred lender list 2) an approved lender in Nevada, or 3) participating in the Nevada SBA Express lending program. All these questions revolve around whether a given SBA bank makes small business SBA loans in Nevada 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 Nevada and in Las Vegas.

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.

 

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