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SBA Lenders in New Jersey
32 active SBA lenders · 11,948 loans approved · $6.5B total volume
32 Active Lenders
20 Preferred Lenders
11,948 Loans Since 2020
$6.5B Total Volume
All SBA Lenders in New Jersey
| Lender | City | Loans | Total Volume | Avg Loan | Preferred |
|---|---|---|---|---|---|
| Readycap Lending, LLC | BERKELEY HEIGHTS | 9,561 | $4.1B | $432K | ⭐ |
| New Millennium Bank | FORT LEE | 324 | $330.5M | $1.0M | ⭐ |
| Provident Bank | JERSEY CITY | 297 | $282.8M | $952K | ⭐ |
| Peapack Private Bank and Trust | Bedminster | 257 | $313.7M | $1.2M | ⭐ |
| Valley National Bank | PASSAIC | 245 | $279.2M | $1.1M | ⭐ |
| ConnectOne Bank | ENGLEWOOD CLIFFS | 199 | $173.4M | $871K | ⭐ |
| 1st Colonial Community Bank | COLLINGSWOOD | 160 | $111.6M | $698K | ⭐ |
| Trenton Business Assistance Corporation | Princeton | 130 | $20.1M | $155K | ⭐ |
| Cross River Bank | Fort Lee | 121 | $175.7M | $1.5M | ⭐ |
| Unity Bank | CLINTON | 111 | $136.6M | $1.2M | ⭐ |
| Financial Resources Federal Credit Union | Branchburg | 95 | $156.3M | $1.6M | ⭐ |
| First Bank | HAMILTON | 87 | $83.2M | $956K | ⭐ |
| Magyar Bank | NEW BRUNSWICK | 78 | $71.8M | $920K | ⭐ |
| Columbia Bank | Fair Lawn | 66 | $66.2M | $1.0M | ⭐ |
| First Commerce Bank | Lakewood | 50 | $42.2M | $845K | ⭐ |
| The Bank of Princeton | PRINCETON | 24 | $10.1M | $420K | — |
| Manasquan Bank | WALL TOWNSHIP | 19 | $11.3M | $597K | — |
| Northfield Bank | Woodbridge | 17 | $14.8M | $868K | — |
| Somerset Regal Bank | BOUND BROOK | 16 | $9.9M | $617K | ⭐ |
| Haddon Savings Bank | HADDON HEIGHTS | 14 | $28.1M | $2.0M | — |
| Hana Bank USA National Association | Fort Lee | 14 | $12.7M | $910K | — |
| Blue Foundry Bank | Parsippany | 13 | $16.5M | $1.3M | — |
| Parke Bank | SEWELL | 13 | $7.4M | $570K | — |
| Kearny Bank | KEARNY | 10 | $9.1M | $906K | ⭐ |
| The First National Bank of Absecon | ABSECON | 7 | $5.4M | $775K | — |
| The First National Bank of Elmer | ELMER | 7 | $3.1M | $436K | — |
| BCB Community Bank | BAYONNE | 3 | $6.3M | $2.1M | ⭐ |
| Union County Economic Development Corporation | Cranford | 3 | $470K | $157K | — |
| Sturdy Savings Bank | STONE HARBOR | 2 | $2.8M | $1.4M | ⭐ |
| OceanFirst Bank, National Association | TOMS RIVER | 2 | $2.4M | $1.2M | ⭐ |
| Century Savings Bank | Vineland | 2 | $695K | $348K | — |
| Haven Savings Bank | HOBOKEN | 1 | $750K | $750K | — |
Finding an SBA Lender in New Jersey
There are currently 32 SBA-approved lenders headquartered in New Jersey, ranging from national banks to local community lenders. Together they have approved 11,948 SBA 7(a) loans totaling $6.5B since 2020.
Of these, 20 are SBA Preferred Lenders — meaning they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing and funding.
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