Top SBA Acquisition Lenders in Texas
119 active SBA 7(a) lenders in Texas, ranked by acquisition loan count.
Lenders
in Texas
Total Volume
Median Rate
Median Loan Size
Top Lenders in Texas
Lending by Industry in Texas
Covers the 526 of 726 Texas loans that the FOIA dataset reports at the state and industry level.
Top 25 Lenders in Texas
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | Live Oak Bank | 62 | $87.2M | P+1.50% | 0.8% |
| 2 | The Huntington National Bank | 48 | $62.5M | P+2.25% | 1.5% |
| 3 | Global One Bank | 37 | $82.8M | P+1.25% | 0.0% |
| 4 | T Bank, National Association | 31 | $56.9M | P+2.00% | 0.5% |
| 5 | First Internet Bank of Indiana | 26 | $45.1M | P+2.75% | 1.7% |
| 6 | Cadence Bank | 22 | $15.4M | P+2.63% | 2.3% |
| 7 | Metro City Bank | 22 | $48.4M | P+1.25% | 0.6% |
| 8 | Open Bank | 16 | $48.9M | P+1.50% | 0.5% |
| 9 | PCB Bank | 16 | $12.6M | P+1.50% | 0.8% |
| 10 | Byline Bank | 13 | $29.7M | P+2.75% | 1.6% |
| 11 | First Financial Bank | 13 | $18.6M | P+1.50% | 0.8% |
| 12 | Hancock Whitney Bank | 12 | $6.6M | P+2.50% | 1.0% |
| 13 | First Financial Bank | 12 | $13.3M | P+2.13% | 7.1% |
| 14 | VelocitySBA, LLC | 11 | $10.7M | P+2.75% | 0.9% |
| 15 | Security National Bank of Omaha | 10 | $21.0M | P+1.75% | 0.0% |
| 16 | Fifth Third Bank | 10 | $20.1M | P+0.00% | 0.5% |
| 17 | Plains State Bank | 9 | $31.1M | P+1.25% | 5.0% |
| 18 | Comerica Bank | 9 | $15.8M | P+0.00% | 0.0% |
| 19 | Stellar Bank | 9 | $16.4M | P+1.50% | 1.2% |
| 20 | American Momentum Bank | 9 | $10.4M | P+2.25% | 1.3% |
| 21 | United Midwest Savings Bank, National Association | 8 | $8.9M | P+2.75% | 0.4% |
| 22 | Bank of Hope | 8 | $24.9M | P+1.25% | 1.9% |
| 23 | Milestone Bank | 8 | $19.7M | P+2.75% | 0.0% |
| 24 | First Savings Bank | 7 | $8.4M | P+2.75% | 1.3% |
| 25 | Southwestern National Bank | 7 | $12.3M | P+1.13% | 0.0% |
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Customize your search →SBA 7(a) Lending in Texas
Texas has 119 active SBA 7(a) acquisition lenders that have originated a combined 726 loans totaling $1130.3M in volume. The median acquisition loan size in Texas is $985K, with a median interest rate of Prime + 2.00% (Prime + spread).
When evaluating SBA lenders in Texas, 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 Texas?
There are currently 119 active SBA 7(a) lenders in Texas based on FOIA lending data. These lenders have originated 726 acquisition loans.
What is the typical SBA loan rate in Texas?
The median SBA 7(a) acquisition loan rate in Texas is Prime + 2.00% (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.
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.