GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,009
2014–2026
Total Volume
$1.1B
Gross loan amounts
States Active
42
With recorded loans
Programs
7(a) & 504
1009 total segments
FinWise Bank primarily serves existing businesses, with 89% of their deals focused on this segment. This makes them a strong choice for established companies looking for funding.
With an average 7(a) spread of P+2.52%, FinWise Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite a minimal presence in 504 loans (only 0.2% of their total deals), FinWise Bank's focus on 7(a) loans suggests they are better suited for borrowers needing working capital or equipment financing rather than real estate.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 2 504 loans, which use fixed SBA debenture rates.
Top 15 of 42 states where FinWise Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Legal Services
Professional Services
Miscellaneous Retail
Retail Trade
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Food & Beverage Stores
Retail Trade
Administrative & Waste Services
Administrative & Waste Services
+ 7 more
All recorded SBA lending activity for FinWise Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| New York · Miscellaneous Retail · $150K – $350K | 7(a) | 21 | P+2.75% | $330K | Q4 2025 |
| New York · Wholesale Trade · $1M – $2M | 7(a) | 16 | P+2.38% | $1.5M | Q3 2025 |
| New York · Miscellaneous Retail · $2M – $5M | 7(a) | 16 | P+2.25% | $3.7M | Q3 2025 |
| New York · Wholesale Trade · $150K – $350K | 7(a) | 15 | P+2.75% | $327K | Q1 2024 |
| New York · Miscellaneous Retail · $500K – $1M | 7(a) | 15 | P+2.75% | $826K | Q3 2025 |
| New York · Wholesale Trade · $2M – $5M | 7(a) | 14 | P+2.13% | $3.4M | Q4 2025 |
| New Jersey · Miscellaneous Retail · $2M – $5M | 7(a) | 13 | P+2.25% | $3.1M | Q4 2025 |
| New York · Wholesale Trade · $500K – $1M | 7(a) | 11 | P+2.75% | $835K | Q4 2024 |
| New York · Miscellaneous Retail · $1M – $2M | 7(a) | 11 | P+2.75% | $1.4M | Q4 2024 |
| New York · Food & Beverage Stores · $150K – $350K | 7(a) | 11 | P+2.75% | $316K | Q3 2024 |
| New York · Retail Trade · $2M – $5M | 7(a) | 9 | P+2.25% | $3.1M | Q1 2022 |
| New Jersey · Wholesale Trade · $1M – $2M | 7(a) | 9 | P+2.75% | $1.3M | Q1 2025 |
| New York · Food & Beverage Stores · $500K – $1M | 7(a) | 9 | P+2.75% | $746K | Q3 2024 |
| Georgia · Legal Services · Under $150K | 7(a) | 9 | P+2.75% | $139K | Q4 2019 |
| New York · Administrative & Waste Services · $150K – $350K | 7(a) | 8 | P+2.75% | $338K | Q4 2024 |
| Colorado · Legal Services · Under $150K | 7(a) | 8 | P+2.75% | $128K | Q1 2018 |
| New York · Retail Trade · $150K – $350K | 7(a) | 7 | P+2.75% | $293K | Q2 2025 |
| New York · Accounting & Tax · $150K – $350K | 7(a) | 7 | P+2.75% | $345K | Q3 2025 |
| New York · Retail Trade · $500K – $1M | 7(a) | 7 | P+2.75% | $831K | Q3 2024 |
| New York · Specialty Trade Contractors · $1M – $2M | 7(a) | 7 | P+2.25% | $1.5M | Q1 2025 |
| New Jersey · Miscellaneous Retail · $500K – $1M | 7(a) | 7 | P+2.75% | $792K | Q2 2024 |
| New York · Management & IT Consulting · $150K – $350K | 7(a) | 7 | P+2.50% | $307K | Q3 2024 |
| New York · Finance & Insurance · Under $150K | 7(a) | 7 | P+2.75% | $136K | Q1 2024 |
| New Jersey · Wholesale Trade · $2M – $5M | 7(a) | 7 | P+2.25% | $3.1M | Q1 2022 |
| New Jersey · Wholesale Trade · $150K – $350K | 7(a) | 7 | P+2.75% | $336K | Q2 2025 |
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Real experiences from borrowers who closed SBA loans with FinWise Bank.
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