SBA Lenders in Florida
Top lenders ranked by real SBA lending data. See who's most active in Florida across deal count, loan size, and pricing.
What Borrowers Should Know
Florida's median 7(a) spread of P+2.42% is 33 basis points cheaper than the national median of P+2.75%. With 6,956 active deals, this suggests lenders are competing aggressively in Florida, which means you have real negotiating room on rates—particularly if you have solid creditworthiness or collateral.
TD Bank dominates Florida's SBA market with 1,053 deals—nearly double the next lender (Wells Fargo at 520). This concentration means TD has deep operational expertise in Florida deals, but also that smaller or regional lenders (318 total active) have less market share to work with. If TD declines you, your fallback options are fewer than in more fragmented markets.
Florida's average deal size of $396,509 is relatively modest, and the state has two specialized lenders—Florida Business Development Corporation (366 deals) and Florida First Capital Finance (285 deals)—suggesting the market serves a mix of small main-street businesses alongside larger borrowers. If your loan request is under $500K, you'll fit the typical profile; if significantly larger, you may face tighter availability.
Total SBA Loans
6,956
Active Lenders
246
Avg Deal Size
$396K
Total Volume
$2.8B
Top 10 Lenders in Florida
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | Bank | 1,075 | $116K | P + 2.44%AVERAGE | |
| 2 | Wells Fargo Bank National Association | Bank | 528 | $125K | P + 2.23%GOOD | |
| 3 | JPMorgan Chase Bank, National Association | Bank | 505 | $173K | P + 2.02%GOOD | |
| 4 | Florida Business Development C | CDC/504 | 366 | $558K | — | |
| 5 | Florida First Capital Finance | CDC/504 | 285 | $515K | — | |
| 6 | Truist Bank | Bank | 222 | $457K | P + 2.36%AVERAGE | |
| 7 | BayFirst National Bank | Bank | 214 | $284K | P + 2.75%AVERAGE | |
| 8 | The Huntington National Bank | Bank | 205 | $486K | P + 2.50%AVERAGE | |
| 9 | PNC Bank, National Association | Bank | 204 | $122K | P + 2.36%AVERAGE | |
| 10 | Bank of America, National Association | Bank | 195 | $390K | P + 2.44%AVERAGE |
Top Industries in Florida
SBA lending activity by industry segment.