Most active SBA lenders in New Jersey

New Jersey has 26 FDIC-insured banks holding $141B in assets — but only a fraction fund business purchases. These 25 banks closed 1,758 SBA 7(a) loans in New Jerseyover the last 12 months. A lender that funds deals here every week knows the local market and moves faster than one that doesn't — start at the top.

1.TD Bank, National Association451 New Jersey loans · 4 business purchases · $92.8M funded · avg $206KFull record →
2.Manufacturers and Traders Trust Company300 New Jersey loans · 5 business purchases · $29.6M funded · avg $99KFull record →
3.

Northeast Bank208 New Jersey loans · 0 business purchases · $41.8M funded · avg $201K

Full record →

4.Newtek Bank, National Association164 New Jersey loans · 5 business purchases · $43.8M funded · avg $267KFull record →

5.The Huntington National Bank101 New Jersey loans · 12 business purchases · $36.5M funded · avg $362KFull record →

6.Live Oak Banking Company77 New Jersey loans · 23 business purchases · $77.9M funded · avg $1.0MFull record →

7.Readycap Lending, LLC55 New Jersey loans · 1 business purchase · $24.7M funded · avg $450KFull record →

8.Celtic Bank Corporation42 New Jersey loans · 0 business purchases · $7.3M funded · avg $173KFull record →

9.Wilmington Savings Fund Society FSB37 New Jersey loans · 10 business purchases · $23.5M funded · avg $634KFull record →

10.Fulton Bank, National Association36 New Jersey loans · 7 business purchases · $25.1M funded · avg $697KFull record →

11.BayFirst National Bank29 New Jersey loans · 2 business purchases · $4.9M funded · avg $169KFull record →

12.Provident Bank26 New Jersey loans · 6 business purchases · $30.5M funded · avg $1.2MFull record →

13.Lendistry SBLC, LLC23 New Jersey loans · 0 business purchases · $4.6M funded · avg $202KFull record →

14.PNC Bank, National Association21 New Jersey loans · 1 business purchase · $4.9M funded · avg $235KFull record →

15.United Midwest Savings Bank National Association20 New Jersey loans · 1 business purchase · $6.0M funded · avg $299KFull record →

16.Columbia Bank20 New Jersey loans · 6 business purchases · $24.7M funded · avg $1.2MFull record →

17.FinWise Bank19 New Jersey loans · 0 business purchases · $19.0M funded · avg $999KFull record →

18.First Bank of the Lake19 New Jersey loans · 0 business purchases · $13.1M funded · avg $687KFull record →

19.CenTrust Bank, A Division of SmartBiz Bank National Association19 New Jersey loans · 0 business purchases · $3.4M funded · avg $178KFull record →

20.Trenton Business Assistance Corporation17 New Jersey loans · 0 business purchases · $3.5M funded · avg $204KFull record →

21.Meridian Bank17 New Jersey loans · 2 business purchases · $14.5M funded · avg $856KFull record →

22.Magyar Bank15 New Jersey loans · 0 business purchases · $14.9M funded · avg $995KFull record →

23.First Internet Bank of Indiana14 New Jersey loans · 11 business purchases · $17.3M funded · avg $1.2MFull record →

24.Peapack Private Bank and Trust14 New Jersey loans · 7 business purchases · $16.2M funded · avg $1.2MFull record →

25.Colony Bank14 New Jersey loans · 1 business purchase · $2.5M funded · avg $182KFull record →

Buying in New Jersey? Start with a lender that already funds deals here

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DealRoom analysis of public SBA lending records, trailing 12 months. Rankings count funded 7(a) loans with a New Jersey project address.