Top SBA Acquisition Lenders for Information
24 SBA 7(a) lenders specializing in information acquisitions nationwide.
Lenders
nationwide
Total Volume
Median Rate
Median Loan Size
Top Information Lenders
Top 24 Information Lenders
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 6 | $10.3M | P+2.25% | 1.8% |
| 2 | First Savings Bank | 3 | $3.0M | P+2.75% | 4.1% |
| 3 | Byline Bank | 3 | $3.6M | P+2.75% | 1.8% |
| 4 | Readycap Lending, LLC | 3 | $1.7M | P+2.00% | 0.5% |
| 5 | The Bancorp Bank National Association | 2 | $2.4M | P+1.00% | 0.6% |
| 6 | Fulton Bank, National Association | 2 | $1.1M | P+2.25% | 1.1% |
| 7 | Raccoon Valley Bank | 2 | $1.4M | P+0.25% | 0.0% |
| 8 | Zions Bank, A Division of | 2 | $551K | P+0.70% | 1.1% |
| 9 | Fortis Bank | 2 | $4.2M | P+1.55% | 0.0% |
| 10 | First Internet Bank of Indiana | 2 | $2.0M | P+2.75% | 1.7% |
| 11 | Truliant FCU | 2 | $1.9M | P+2.75% | 0.0% |
| 12 | FFB Bank | 2 | $559K | P+2.25% | 2.6% |
| 13 | Security Bank | 1 | $299K | P+1.50% | 0.0% |
| 14 | Pathward National Association | 1 | $4.5M | P+2.25% | 4.8% |
| 15 | Civista Bank | 1 | $227K | P+2.00% | 0.0% |
| 16 | Sunflower Bank National Association | 1 | $242K | P+0.38% | 2.0% |
| 17 | Port 51 Lending LLC | 1 | $2.6M | P+2.75% | 0.0% |
| 18 | First Bank of the Lake | 1 | $600K | P+2.50% | 1.9% |
| 19 | Heritage Bank, Inc. | 1 | $830K | P+2.75% | 0.0% |
| 20 | Cadence Bank | 1 | $5.0M | P+2.25% | 4.2% |
| 21 | First Merchants Bank | 1 | $985K | P+2.75% | 3.2% |
| 22 | City National Bank of Florida | 1 | $5.0M | P+2.50% | 0.0% |
| 23 | Live Oak Bank | 1 | $210K | P+1.50% | 1.3% |
| 24 | First National Bank of Pennsylvania | 1 | $450K | P+2.13% | 1.5% |
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Customize your search →SBA 7(a) Lending for Information
24 SBA 7(a) lenders have originated 43 acquisition loans in the information sector, totaling $53.6M in volume. The median loan size is $892K, with a median interest rate of Prime + 2.25% (Prime + spread).
When evaluating lenders for a information acquisition, compare loan volume (indicating experience in this sector), interest rates, and historical default rates. PLP (Preferred Lender Program) lenders have delegated SBA authority for faster loan processing.
Frequently Asked Questions
How many SBA 7(a) lenders serve the information industry?
There are 24 active SBA 7(a) lenders that have originated information acquisition loans, with a combined 43 loans nationwide.
What is the typical SBA loan rate for information acquisitions?
The median SBA 7(a) acquisition loan rate for information is approximately Prime + 2.25%. The SBA caps the spread at 3.0% for loans over $250,000.
Which states have the most information SBA lenders?
The top states for information SBA lending include .
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the information sector. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.
Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.