By Mario Bailey · Source: SBA FOIA 7(a) data, as of 2026-03-31
Published · Updated
The top 10 lenders' share of 7(a) volume, by year
The 10 largest 7(a) lenders
By total 7(a) volume in the data. Many are national, nondepository or specialist SBA lenders rather than local banks, which is what is driving the concentration.
| Lender | 7(a) volume | Share |
|---|---|---|
| Live Oak Banking Company | $22.6B | 5.6% |
| The Huntington National Bank | $19.2B | 4.8% |
| Wells Fargo Bank National Association | $17.3B | 4.3% |
| U.S. Bank, National Association | $10.5B | 2.6% |
| JPMorgan Chase Bank, National Association | $8.4B | 2.1% |
| Celtic Bank Corporation | $7.0B | 1.8% |
| Byline Bank | $7.0B | 1.8% |
| Newtek Small Business Finance, Inc. | $6.0B | 1.5% |
| Bank of Hope | $5.4B | 1.3% |
| Readycap Lending, LLC | $5.3B | 1.3% |
Why it matters for owners
Concentration is not automatically bad: the largest specialist lenders are often the fastest and most experienced with SBA paperwork. But it means the lender you pick matters more than ever. Compare lenders by track record in the Lender Finder before you apply.
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Mario Bailey. (2026). Is SBA 7(a) lending concentrating?. SBA Loan Index. https://sbaloanindex.com/studies/sba-lender-concentration/
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