Arizona
Top SBA lenders in Phoenix
Businesses in the Phoenix area have received $2.9B across 4,809 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
- Approved SBA loans
- 4,809
- Total approved
- $2.9B
- Average loan size
- $604K
- Share of Arizona dollars
- 22.6%
Computed from SBA 7(a) and 504 approval records by borrower-project location.
| # | Lender | SBA approvals in Phoenix | Rating |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association | $234M | 3.0(23) |
| 2 | Mortgage Capital Development Corporation | $211M | 4.6(31) |
| 3 | JPMorgan Chase Bank, National Association | $170M | 4.3(144) |
| 4 | Arizona Capital Source | $168M | 4.9(31) |
| 5 | CDC Small Business Finance Corp. | $166M | 4.0(65) |
| 6 | MidFirst Bank | $147M | 3.9(156) |
| 7 | Arizona Financial Credit Union | $119M | 4.4(293) |
| 8 | Live Oak Banking Company | $115M | 3.4(145) |
| 9 | U.S. Bank, National Association | $88M | 2.1(31) |
| 10 | Zions Bank, A Division of | $84M | 2.4(67) |
| 11 | BOKF, National Association | $74M | 3.6(47) |
| 12 | Alerus Financial, National Association | $73M | 2.9(18) |
| 13 | BMO Bank National Association | $66M | 1.8(30) |
| 14 | Bank of America, National Association | $62M | 2.1(181) |
| 15 | BNC National Bank | $60M | 4.0(22) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Arizona SBA lenders →
SBA lenders in Phoenix — common questions
Which SBA lender is most active in Phoenix?
Wells Fargo Bank National Association has approved the most SBA 7(a) & 504 funding for Phoenix-area businesses — $234M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Phoenix businesses received?
Businesses in the Phoenix area have received $2.9B across 4,809 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Phoenix?
No. SBA loans are federal, so a national or out-of-state lender can fund your Phoenix business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Phoenix SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Phoenix area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
Other top SBA markets in Arizona
Ranked by total approved SBA dollars. Each market lists the lenders funding the most there.
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