Best SBA lenders
Best SBA lenders in Arizona
The most active SBA lenders in Arizona, ranked from every 7(a) and 504 loan in the SBA's public record, FY2010-2026. Wells Fargo Bank National Association leads with 2,512 loans funded.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026, as of 2026-03-31
Top SBA lenders in Arizona
The full Arizona ranking, by SBA loans funded since FY2010. Every figure is in-state: each lender's loans, dollars, average loan size, and 7(a) charge-off rate cover its Arizona lending only, not its national book. A charge-off rate appears only when a lender has at least 20 funded 7(a) loans in Arizona; below that line, and on 504-only lending, it reads “not reported,” never 0%.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 2,512 | $935.6M | $372K | 4.38% |
| 2 | JPMorgan Chase Bank, National Association | 2,089 | $519.5M | $249K | 3.59% |
| 3 | Arizona Capital Source | 1,259 | $765.6M | $608K | 3.94% |
| 4 | PNC Bank, National Association | 1,197 | $272.4M | $228K | 6.77% |
| 5 | U.S. Bank, National Association | 1,046 | $286.4M | $274K | 4.02% |
| 6 | CDC Small Business Finance Corp. | 773 | $566.8M | $733K | 12.23% |
| 7 | Zions Bank, A Division of | 704 | $213.5M | $303K | 2.84% |
| 8 | Arizona Financial Credit Union | 564 | $417.7M | $741K | 3.37% |
| 9 | Mortgage Capital Development Corporation | 560 | $681.6M | $1.2M | not reported |
| 10 | Celtic Bank Corporation | 458 | $303.1M | $662K | 6.33% |
| 11 | Live Oak Banking Company | 453 | $589.1M | $1.3M | 1.55% |
| 12 | The Huntington National Bank | 393 | $139.4M | $355K | 1.78% |
| 13 | Enterprise Bank & Trust | 377 | $293.2M | $778K | 0.80% |
| 14 | MidFirst Bank | 342 | $294.5M | $861K | 2.34% |
| 15 | BNC National Bank | 341 | $153.4M | $450K | 4.11% |
| 16 | BayFirst National Bank | 338 | $64.4M | $191K | 10.65% |
| 17 | Northeast Bank | 321 | $51.6M | $161K | 4.67% |
| 18 | Newtek Bank, National Association | 292 | $110.3M | $378K | 0.00% |
| 19 | BOKF, National Association | 278 | $173.5M | $624K | 1.80% |
| 20 | Western Alliance Bank | 274 | $145.8M | $532K | 2.92% |
| 21 | Stearns Bank National Association | 274 | $136.0M | $497K | 5.84% |
| 22 | Midwest Regional Bank | 272 | $215.0M | $791K | 4.41% |
| 23 | Alerus Financial, National Association | 258 | $236.0M | $915K | 4.65% |
| 24 | BMO Bank National Association | 257 | $168.7M | $656K | 0.39% |
| 25 | Readycap Lending, LLC | 227 | $111.5M | $491K | 0.88% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
7(a) banks vs 504 lenders (CDCs) in Arizona
The two SBA programs have different lenders. A 7(a) loan comes from one bank or credit union; a 504 project pairs a bank with a Certified Development Company (CDC), the nonprofit that funds the SBA-backed portion. The leaders in Arizona by each program's loans funded since FY2010:
- 1. Wells Fargo Bank National Association 2,512 loans
- 2. JPMorgan Chase Bank, National Association 2,089 loans
- 3. PNC Bank, National Association 1,197 loans
- 4. U.S. Bank, National Association 1,046 loans
- 5. Zions Bank, A Division of 704 loans
- 1. Arizona Capital Source 1,005 loans
- 2. CDC Small Business Finance Corp. 634 loans
- 3. Mortgage Capital Development Corporation 551 loans
- 4. California Statewide Certified Development Corporation 60 loans
- 5. Mountain West Small Business Finance 34 loans
Counts are each program's funded loans in Arizona. How the two programs differ: 504 vs 7(a), by the data.
Where SBA lending concentrates in Arizona
The 3 industries with the most SBA loans in Arizona since FY2010, and the most active lender in each. A lender that leads your industry locally can matter more than the overall #1.
| Industry | Loans | Total funded | Most active lender |
|---|---|---|---|
| Health Care and Social Assistance | 2,911 | $1.7B | Wells Fargo Bank National Association (422 loans) |
| Construction | 2,342 | $983.3M | JPMorgan Chase Bank, National Association (313 loans) |
| Professional and Technical Services | 2,316 | $967.4M | Wells Fargo Bank National Association (360 loans) |
Full industry, city, and yearly breakdowns: SBA lending in Arizona.
How this ranking works
- “Most active” means loans funded. The ranking counts every SBA 7(a) and 504 loan funded to Arizona businesses in the SBA's public FOIA record, FY2010–2026, as of 2026-03-31. No lender pays to appear or to rank, and activity is not a fit score: the right lender for you depends on your industry, loan size, and timeline.
- The 10-loan line. A lender enters the Arizona table only with at least 10 loans funded in-state, so one-off activity never reads as a track record. Industry cells above are held to at least 30 loans.
- Charge-off is 7(a)-only and needs 20+ loans. The SBA reports charge-offs on 7(a) loans, never on 504 loans. We show an in-state rate only when a lender has at least 20 funded 7(a) loans in Arizona; anything thinner reads “not reported,” never 0%. It is a charge-off share of funded loans to date, not a lifetime default rate.
- Name collisions are excluded, and counted. The SBA does not normalize lender names across mergers and rebrands, so one name can blend several unrelated institutions. Flagged names are never ranked on this page; each exclusion is disclosed under the table.
The exact calculations and limits: methodology.
Best SBA lenders in Arizona: frequently asked questions
Who is the most active SBA lender in Arizona?
Wells Fargo Bank National Association is the most active SBA lender in Arizona in the public record, with 2,512 7(a) and 504 loans funded since FY2010 ($935.6M in Arizona). The ranking counts loans funded, never who pays us.
Do these lenders only serve Arizona?
No. The ranking measures activity in Arizona: loans funded to Arizona businesses in the SBA's record. Many of these lenders are national or multi-state institutions; the loans, dollars, and charge-off figures shown are their Arizona lending only.
What's the difference between a 7(a) lender and a CDC?
A 7(a) lender is a bank or credit union that funds an SBA-guaranteed loan directly. A Certified Development Company (CDC) is a nonprofit that funds the SBA-backed portion of a 504 project alongside a bank. Charge-off is reported only on 7(a) loans, so a 504-only CDC shows "not reported," never 0%.
How many SBA lenders are active in Arizona?
114 lenders have funded at least 10 SBA loans in Arizona since FY2010 in the public record (as of 2026-03-31). The table above names the 25 most active of them; names that blend several same-named institutions are excluded from rankings.
Mario Bailey. (2026). Best SBA lenders in Arizona. SBA Loan Index. https://sbaloanindex.com/best-sba-lenders/in/az/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
Find your SBA lender in Arizona
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.