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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