SBA Lenders in Nevada
Top lenders ranked by real SBA lending data. See who's most active in Nevada across deal count, loan size, and pricing.
What Borrowers Should Know
Nevada's median 7(a) spread is P+2.26%, which is 49 basis points lower than the national median of P+2.75%. This means borrowers in Nevada are paying meaningfully less for SBA loans—a $500,000 loan would cost roughly $2,450 less per year than the national average. Three large lenders (U.S. Bank, Zions, and Mortgage Capital) account for 2,538 of 3,480 total deals, suggesting strong competition among major players that's driving prices down.
The average deal size of $462,217 is notably modest, and U.S. Bank alone has originated 1,342 deals—nearly 39% of Nevada's entire portfolio. This concentration signals that one lender has built dominant scale in the state, which could mean faster processing and established relationships, but also limits real competition for larger or more complex loan requests that don't fit the typical profile.
With 69 active SBA lenders in Nevada supporting 3,480 deals, there's roughly one lender per 50 deals—suggesting a reasonably deep lending ecosystem. However, the top 5 lenders represent 2,809 deals (81% of volume), meaning most small lenders are handling only 13 deals each on average. If your loan profile is standard, you'll find competitive options; if it's unusual or larger, you may face fewer qualified lenders willing to take it on.
Total SBA Loans
3,480
Active Lenders
69
Avg Deal Size
$462K
Total Volume
$1.6B
Top 10 Lenders in Nevada
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | Bank | 360 | $118K | P + 2.00%GOOD | |
| 2 | Wells Fargo Bank National Association | Bank | 268 | $222K | P + 2.65%AVERAGE | |
| 3 | Nevada State Development Corpo | CDC/504 | 207 | $709K | — | |
| 4 | Zions Bank, A Division of | Bank | 194 | $360K | P + 1.38%COMPETITIVE | |
| 5 | Mortgage Capital Development C | CDC/504 | 144 | $782K | — | |
| 6 | Western Alliance Bank | Bank | 91 | $698K | P + 2.00%GOOD | |
| 7 | Meadows Bank | Bank | 89 | $1.0M | P + 2.00%GOOD | |
| 8 | JPMorgan Chase Bank, National Association | Bank | 88 | $344K | P + 2.58%AVERAGE | |
| 9 | Bank of America, National Association | Bank | 57 | $558K | P + 0.72%COMPETITIVE | |
| 10 | Enterprise Bank & Trust | Bank | 48 | $1.2M | P + 1.75%GOOD |
Top Industries in Nevada
SBA lending activity by industry segment.