SBA Lenders in Los Angeles, CA
20 SBA lenders · 10,533 loans approved · $9.1B total volume
SBA-Approved Lenders in Los Angeles
| Lender | Loans | Total Volume | Avg Loan | Preferred |
|---|---|---|---|---|
| Lendistry SBLC, LLC | 3,169 | $660.2M | $208K | ⭐ |
| Bank of Hope | 1,716 | $1.4B | $807K | ⭐ |
| Hanmi Bank | 1,166 | $1.1B | $921K | ⭐ |
| Commonwealth Business Bank | 980 | $1.2B | $1.3M | ⭐ |
| Open Bank | 735 | $1.2B | $1.7M | ⭐ |
| PCB Bank | 702 | $905.6M | $1.3M | ⭐ |
| Banc of California | 566 | $794.0M | $1.4M | ⭐ |
| City National Bank | 404 | $490.1M | $1.2M | ⭐ |
| Centerstone SBA Lending, Inc. | 365 | $530.6M | $1.5M | ⭐ |
| GBC International Bank | 309 | $308.7M | $999K | ⭐ |
| Cathay Bank | 109 | $114.2M | $1.0M | ⭐ |
| Royal Business Bank | 98 | $125.4M | $1.3M | ⭐ |
| CTBC Bank Corp. (USA). | 60 | $86.5M | $1.4M | ⭐ |
| PCR Small Business Development | 52 | $7.5M | $145K | — |
| Preferred Bank | 41 | $38.2M | $932K | ⭐ |
| SMBC MANUBANK | 33 | $33.8M | $1.0M | ⭐ |
| World Trade Finance, Inc. | 11 | $21.7M | $2.0M | ⭐ |
| Hana Small Business Lending, Inc. | 7 | $12.9M | $1.8M | ⭐ |
| PACE Finance Corporation | 5 | $460K | $92K | — |
| Business Finance Capital | 5 | $1.1M | $212K | ⭐ |
SBA Loans in Los Angeles, California
Los Angeles is one of California's key business markets, and SBA 7(a) loans are a common financing tool for local small businesses buying equipment, real estate, or working capital. There are currently 20 SBA-approved lenders headquartered in Los Angeles, with a combined 10,533 loans approved since 2020.
When evaluating SBA lenders in Los Angeles, prioritize Preferred Lender Program (PLP) status — these institutions have delegated SBA approval authority, cutting weeks off the closing timeline. Also compare loan volume (more experience = smoother process) and average loan size to find a lender whose typical deal matches your needs.
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SBA Loan FAQ — Los Angeles, CA
How do I find an SBA lender in Los Angeles, CA?
Start with lenders headquartered in Los Angeles — they often have local underwriters familiar with the Los Angeles market. If local options are limited, any SBA-approved lender in California can fund your loan. Prioritize Preferred Lenders (PLP status) for faster approvals. Our directory shows real SBA loan volume data so you can compare lenders objectively.
What SBA loans are available to Los Angeles small businesses?
Los Angeles businesses can access SBA 7(a) loans (up to $5M for working capital, equipment, real estate, or acquisition), SBA 504 loans (for owner-occupied commercial real estate and heavy equipment, with 10% down), and SBA microloans (up to $50K for startups and micro-businesses). The 7(a) program is the most flexible and widely available.
What is the minimum credit score for an SBA loan in Los Angeles?
Most SBA lenders require a personal credit score of 650–680+. Some community lenders and CDFIs go lower for businesses with strong cash flow. Having a score above 700 gives you access to the most competitive rates and the largest lender pool in Los Angeles.
How long does SBA loan approval take for a Los Angeles business?
With an SBA Preferred Lender (PLP), approval can take 7–10 business days. Standard SBA lenders add 2–4 weeks for SBA review. After approval, funding takes another 2–4 weeks. Total timeline: 30–90 days depending on loan complexity and how quickly you provide documentation.