Professional Services
SBA Lenders for Other Professional Services
Top lenders ranked by real SBA lending data for other professional services nationwide.
What Borrowers Should Know
Other Professional Services borrowers are getting better pricing than the national average. The median 7(a) spread here is P+2.35% versus P+2.75% nationally—that's 40 basis points cheaper. This suggests lenders view this sector as lower risk, likely because professional service firms (consulting, engineering, accounting, etc.) tend to have predictable revenue and lower failure rates. If you're in this space, use this data to negotiate aggressively if any lender quotes you P+2.75% or higher.
California dominates this lending market with 3,027 of 3,955 total deals (77%), but that concentration creates both opportunity and risk for you. If you're in CA, you'll find 379 active lenders competing for your business—good for rate shopping. But if you're outside CA (especially in underrepresented states like AL with 196 deals or AK with 53), you may face fewer lender options and potentially less competitive pricing. Geographic diversification of lenders is weak outside the West Coast.
The average deal size of $684,531 tells you this sector attracts mid-sized SBA loans, not micro-loans. Three mega-lenders (Wells Fargo, JPMorgan Chase, Live Oak) control 1,002 of 3,955 deals (25%), suggesting they've built systematic processes for professional service lending. If you need a smaller or larger loan, or have unusual circumstances, you may benefit from approaching the 376 smaller, specialized lenders in this market who collectively fund 75% of deals but likely customize more.
Total SBA Loans
26,005
Active Lenders
1,675
Avg Deal Size
$543K
Total Volume
$14.1B
Other Professional Services SBA loans average $543K in deal size across 26,005 total loans. The median 7(a) spread in this segment is P + 2.24%.
Top Lenders for Other Professional Services
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | Bank | 2,004 | $1.3M | P + 1.70%GOOD | |
| 2 | Wells Fargo Bank National Association | Bank | 1,650 | $450K | P + 2.45%AVERAGE | |
| 3 | JPMorgan Chase Bank, National Association | Bank | 1,366 | $276K | P + 2.32%AVERAGE | |
| 4 | The Huntington National Bank | Bank | 1,136 | $309K | P + 1.89%GOOD | |
| 5 | U.S. Bank, National Association | Bank | 779 | $352K | P + 2.12%GOOD | |
| 6 | PNC Bank, National Association | Bank | 633 | $574K | P + 2.13%GOOD | |
| 7 | Manufacturers and Traders Trust Company | Bank | 543 | $168K | P + 2.26%AVERAGE | |
| 8 | TD Bank, National Association | Bank | 498 | $189K | P + 2.07%GOOD | |
| 9 | Northeast Bank | Bank | 456 | $158K | P + 3.03%ABOVE AVG | |
| 10 | Readycap Lending, LLC | Non-Bank | 414 | $247K | P + 3.97%HIGH | |
| 11 | BayFirst National Bank | Bank | 410 | $218K | P + 3.02%ABOVE AVG | |
| 12 | Newtek Bank, National Association | Bank | 331 | $391K | P + 3.36%ABOVE AVG | |
| 13 | Truist Bank | Bank | 316 | $468K | P + 2.21%GOOD | |
| 14 | Eastern Bank | Bank | 305 | $115K | P + 1.58%GOOD | |
| 15 | Zions Bank, A Division of | Bank | 276 | $328K | P + 2.36%AVERAGE |
Top States for Other Professional Services
Where other professional services SBA lending is most active.