SBA Lenders in Arizona
Top lenders ranked by real SBA lending data. See who's most active in Arizona across deal count, loan size, and pricing.
What Borrowers Should Know
Arizona's median 7(a) spread of P+2.30% is 45 basis points better than the national median of P+2.75%. This means borrowers in Arizona are paying roughly 0.45% less in interest on SBA loans—a meaningful savings on a $500K loan that could reduce annual interest costs by $2,250. The competitive advantage suggests either strong lender supply relative to demand or aggressive pricing from the five major lenders who control 1,277 of 3,262 deals (39%).
The average deal size in Arizona ($512,086) is close to the median 7(a) loan cap, and with 212 active lenders serving just 3,262 deals annually, borrowers have meaningful choice. However, the top 5 lenders control 39% of volume—concentrated enough that shopping rates across mid-tier lenders (ranked 6th onwards) could reveal additional savings, especially if you fall outside their preferred industry verticals.
Arizona's total volume of $1.67B across 3,262 deals ($512K average) suggests a mature, mid-sized SBA market—neither starved for capital nor flooded with it. This stability is positive for approval timelines and underwriting consistency, but borrowers should verify that your specific use case (acquisition, working capital, equipment) is actively funded by lenders in your region, since smaller lenders outside the top 5 may specialize narrowly.
Total SBA Loans
3,262
Active Lenders
176
Avg Deal Size
$512K
Total Volume
$1.7B
Top 10 Lenders in Arizona
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | Bank | 367 | $227K | P + 1.84%GOOD | |
| 2 | Wells Fargo Bank National Association | Bank | 322 | $327K | P + 2.50%AVERAGE | |
| 3 | U.S. Bank, National Association | Bank | 252 | $183K | P + 2.03%GOOD | |
| 4 | PNC Bank, National Association | Bank | 237 | $164K | P + 2.73%AVERAGE | |
| 5 | Zions Bank, A Division of | Bank | 166 | $313K | P + 1.75%GOOD | |
| 6 | Arizona Capital Source | Bank | 131 | $513K | P + 4.50%HIGH | |
| 7 | Arizona Financial Credit Union | Bank | 103 | $742K | P + 2.25%GOOD | |
| 8 | Mortgage Capital Development C | CDC/504 | 81 | $1.1M | — | |
| 9 | MidFirst Bank | Bank | 78 | $778K | P + 1.13%COMPETITIVE | |
| 10 | CDC Small Business Finance Cor | CDC/504 | 75 | $678K | — |
Top Industries in Arizona
SBA lending activity by industry segment.