Top SBA Acquisition Lenders in California
110 active SBA 7(a) lenders in California, ranked by loan volume.
Lenders
in California
Total Volume
Median Rate
Median Loan Size
Top Lenders in California
Top 25 Lenders in California
| # | Lender | Loans | Volume | Rate | |
|---|---|---|---|---|---|
| 1 | Live Oak Bank | 85 | $137.9M | P+1.50% | 0.8% |
| 2 | Open Bank | 42 | $87.1M | P+1.50% | 0.5% |
| 3 | PCB Bank | 40 | $32.9M | P+1.50% | 0.5% |
| 4 | U.S. Bank, National Association | 37 | $41.4M | P+0.93% | 2.2% |
| 5 | Port 51 Lending LLC | 28 | $30.8M | P+2.75% | 0.0% |
| 6 | Celtic Bank Corporation | 27 | $26.3M | P+2.50% | 1.7% |
| 7 | American Continental Bank | 27 | $15.4M | P+2.00% | 0.8% |
| 8 | Hanmi Bank | 21 | $27.5M | P+1.75% | 1.0% |
| 9 | Plumas Bank | 19 | $19.9M | P+0.00% | 1.3% |
| 10 | Commonwealth Business Bank | 18 | $15.4M | P+1.75% | 0.3% |
| 11 | East West Bank | 16 | $11.9M | P+2.00% | 0.0% |
| 12 | The Huntington National Bank | 15 | $19.4M | P+2.25% | 1.5% |
| 13 | Byline Bank | 15 | $18.6M | P+2.75% | 1.5% |
| 14 | First Internet Bank of Indiana | 14 | $32.9M | P+2.75% | 1.7% |
| 15 | FFB Bank | 14 | $12.1M | P+2.25% | 2.1% |
| 16 | CalPrivate Bank | 14 | $10.9M | P+3.00% | 4.3% |
| 17 | Southwestern National Bank | 12 | $30.0M | P+1.25% | 0.0% |
| 18 | Centerstone SBA Lending, Inc. | 12 | $20.9M | P+2.00% | 0.9% |
| 19 | Royal Business Bank | 12 | $11.0M | P+2.00% | 0.0% |
| 20 | US Metro Bank | 11 | $34.1M | P+1.25% | 0.0% |
| 21 | United Midwest Savings Bank, National Association | 10 | $7.2M | P+2.75% | 0.2% |
| 22 | Readycap Lending, LLC | 9 | $16.5M | P+1.50% | 2.8% |
| 23 | VelocitySBA, LLC | 9 | $6.4M | P+3.00% | 2.4% |
| 24 | Zions Bank, A Division of | 9 | $3.0M | P+0.70% | 1.1% |
| 25 | Harvest Small Business Finance, LLC | 8 | $11.9M | P+2.25% | 0.0% |
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Customize your search →SBA 7(a) Lending in California
California has 110 active SBA 7(a) acquisition lenders that have originated a combined 774 loans totaling $978.7M in volume. The median acquisition loan size in California is $812K, with a median interest rate of Prime + 2.25% (Prime + spread).
When evaluating SBA lenders in California, consider loan volume (a proxy for experience), interest rates, and historical default rates. Lenders designated as PLP (Preferred Lender Program) have delegated authority from the SBA to approve loans, which typically results in faster processing times.
Frequently Asked Questions
How many SBA 7(a) lenders are active in California?
There are currently 110 active SBA 7(a) lenders in California based on FOIA lending data. These lenders have originated 774 acquisition loans.
What is the typical SBA loan rate in California?
The median SBA 7(a) acquisition loan rate in California is Prime + 2.25% (current Prime rate: 6.75%). Rates are typically expressed as Prime plus a spread, with the SBA capping the spread at 3.0% for loans over $250,000.
What is a PLP lender?
A PLP (Preferred Lender Program) lender has been granted delegated authority by the SBA to make credit decisions without prior SBA review. This typically means faster loan processing and approval timelines.
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected dimension. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates. Data is refreshed periodically and may not reflect the most recent lending activity.