SBA lender profile
FinWise Bank
FinWise Bank appears in the public SBA loan data with 1,036 funded 7(a) loans since FY2010, totaling $1.1B, an average of $1.0M per loan, and an estimated 13,260 jobs supported. Its SBA lending concentrates in New York and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 2.0%. 7.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 79
- Scale 93
- Activity 95
- Consistency 70
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is FinWise Bank the right lender for you?
Lenders fund what they know. FinWise Bank's SBA lending concentrates in New York (469 loans) and Retail Trade (257 loans), at an average loan of $1.0M. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $890M
- Headquarters
- Murray, UT
- FDIC cert
- #35323
- Status
- Active
Where FinWise Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New York | 469 | $525.0M |
| New Jersey | 160 | $225.4M |
| Florida | 67 | $74.8M |
| Texas | 33 | $41.1M |
| California | 47 | $40.1M |
| Pennsylvania | 30 | $35.3M |
Metro areas where FinWise Bank funds
What FinWise Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 257 | $335.0M |
| Wholesale Trade | 120 | $159.0M |
| Professional and Technical Services | 249 | $145.6M |
| Health Care and Social Assistance | 73 | $110.9M |
| Manufacturing | 45 | $57.5M |
| Construction | 51 | $54.9M |
FinWise Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2014 | 4 | $2.4M |
| 2015 | 28 | $18.9M |
| 2016 | 61 | $28.6M |
| 2017 | 65 | $42.7M |
| 2018 | 124 | $77.0M |
| 2019 | 85 | $93.3M |
| 2020 | 68 | $79.9M |
| 2021 | 150 | $204.5M |
| 2022 | 122 | $185.6M |
| 2023 | 106 | $135.8M |
| 2024 | 97 | $80.8M |
| 2025 | 89 | $97.9M |
| 2026 | 37 | $38.4M |
Related SBA lenders
Other lenders active in New York or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
FinWise Bank: frequently asked questions
Does FinWise Bank offer SBA loans?
Yes. FinWise Bank appears in the public SBA data with 1,036 funded SBA 7(a) loans totaling $1.1B.
How many SBA loans has FinWise Bank made?
FinWise Bank is associated with 1,036 SBA 7(a) loans totaling $1.1B in the public SBA data (as of 2026-03-31).
What is FinWise Bank's SBA charge-off rate?
About 2.0% of FinWise Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does FinWise Bank do most of its SBA lending?
FinWise Bank's SBA lending in the data is most concentrated in New York, and by industry in Retail Trade.
Is FinWise Bank an SBA Preferred Lender (PLP)?
The loan record shows FinWise Bank operating under PLP delegated authority: 79 of its 7(a) loans (7.6%) were processed through the Preferred Lenders Program, including 3 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). FinWise Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/finwise-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.
Get SBA lending trends in your inbox
Occasional, data-driven briefings on SBA lending by industry and state. No spam, unsubscribe anytime.
We use your email only to send lending-trend updates. See our privacy policy.