Best SBA lenders
Best SBA lenders in Maryland
The SBA lenders that fund the most businesses in Maryland, ranked by funded volume with each lender's charge-off track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Business Finance Group, Inc. funds the most SBA volume in Maryland. Charge-off rates below are each lender's overall rate across all of its loans, as a track-record signal.
| # | Lender | Volume in Maryland | Charge-off |
|---|---|---|---|
| 1 | Business Finance Group, Inc. | $512.5M | 0.0% |
| 2 | Manufacturers and Traders Trust Company | $332.6M | 4.4% |
| 3 | Live Oak Banking Company | $199.1M | 0.3% |
| 4 | Chesapeake Business Finance Corporation | $192.7M | 0.0% |
| 5 | Fulton Bank, National Association | $89.5M | 0.7% |
| 6 | Hanmi Bank | $85.9M | 0.7% |
| 7 | Newtek Bank, National Association | $85.2M | 0.0% |
| 8 | The Huntington National Bank | $82.6M | 1.3% |
Find the best fit for your business
Volume in Maryland is a starting point. Narrow it to lenders active in your specific industry and loan size with Lender Match, or see the full Maryland SBA lending data.
Ready to apply for an SBA loan?
Shortlist lenders with a strong track record in your state and industry, then get matched with SBA-approved lenders that fund businesses like yours.
Method and disclaimer. Ranked by funded SBA volume in
Maryland from the public FOIA 7(a) and 504 data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.