Who Are the Top SBA 504 Lenders?
The Top SBA 504 Lenders in 2018
Each year, the SBA insures billions of dollars in 504 loans. In fact, in 2017, annual SBA 504 loan volume hit a new high of $5 billion— but who are the most highly-qualified lenders issuing these loans? In 2018, the top-rated SBA 504 lenders include:
Bank of the West
Bank of America
Note that ranking the best 504 lenders is actually a complicated situation because the conventional lender only supplies 50% of the funds for your loan. You supply 10% (usually), and the remaining 40% comes from a CDC in your local area. To find a CDC in your area, you will need to contact your local SBA office. You can find links to your local SBA office here.
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