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SBA 7(a) Loans in District of Columbia

Browse 27 lenders offering sba 7(a) loans in District of Columbia. Compare rates, requirements, and loan programs — then connect directly.

DC Lenders
27
Typical Rate
Prime + 1.5% to 3.75%
Down Payment
10-20%
Term
10-25 years
Closing Time
30-90 days

SBA 7(a) Lenders in District of Columbia

27 lenders offering sba 7(a) loans to borrowers in District of Columbia.

Live Oak Banking Company

WILMINGTON, NC

One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.

628 SBA loans SBA Verified
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Newtek Bank, National Association

Miami, FL

Technology-driven SBA preferred lender providing 7(a) loans to small and medium-sized businesses nationwide. Part of Newtek Business Services Corp, offering integrated business solutions including lending, payments, and technology services.

1039 SBA loans SBA Verified
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U.S. Bank, National Association

Cincinnati, OH

Fifth-largest commercial bank in the U.S. and a top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, and a full suite of business banking products.

846 SBA loans SBA Verified
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Celtic Bank Corporation

SALT LAKE CITY, UT

Industrial bank and top SBA preferred lender headquartered in Salt Lake City. Specializes in SBA 7(a) lending for business acquisitions, partner buyouts, commercial real estate, and working capital. Also offers USDA business loans.

442 SBA loans SBA Verified
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Harvest Small Business Finance, LLC

Laguna Hills, CA

Non-bank SBA preferred lender specializing in SBA 7(a) loans for commercial real estate acquisition and refinancing. Focuses on owner-occupied commercial properties with loans up to $5 million.

$500K – $5M 151 SBA loans SBA Verified
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Readycap Lending, LLC

BERKELEY HEIGHTS, NJ

Non-bank SBA preferred lender offering SBA 7(a) and 504 loans nationwide. Specializes in commercial real estate, business acquisition, and expansion financing for small businesses. Known for fast closings and flexible underwriting.

563 SBA loans SBA Verified
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United Midwest Savings Bank National Association

DE GRAFF, OH

Community bank and SBA preferred lender based in Ohio. Specializes in SBA 7(a) loans for small businesses, including business acquisitions, commercial real estate, and working capital financing.

302 SBA loans SBA Verified
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TD Bank, National Association

WILMINGTON, DE

One of the 10 largest banks in the U.S. and a major SBA preferred lender. Offers SBA 7(a) and Express loans, conventional business lending, commercial real estate, and treasury management services across the eastern U.S.

618 SBA loans SBA Verified
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Manufacturers and Traders Trust Company

BUFFALO, NY

M&T Bank is a major regional bank and one of the top SBA lenders by loan count in the Northeast. Offers SBA 7(a), Express, and 504 loans alongside a full range of commercial banking, commercial real estate, and small business products.

848 SBA loans SBA Verified
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JPMorgan Chase Bank, National Association

Columbus, OH

The largest bank in the U.S. and an SBA preferred lender. Offers SBA 7(a) loans, conventional business lending, commercial real estate, lines of credit, and comprehensive financial services for businesses of all sizes.

278 SBA loans SBA Verified
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Citizens Bank

ELIZABETHTON, TN

Regional bank based in Tennessee and an SBA preferred lender. Provides SBA 7(a) loans, conventional commercial lending, and business banking services to small and medium-sized businesses in the Southeast.

88 SBA loans SBA Verified
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CenTrust Bank, A Division of SmartBiz Bank National Associat

Northbrook, IL

Technology-driven SBA lender operating through the SmartBiz platform. Offers streamlined SBA 7(a) loans with a fast online application process, serving small businesses nationwide with loans for working capital, debt refinancing, and commercial real estate.

$30K – $5M 369 SBA loans SBA Verified
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Hanmi Bank

LOS ANGELES, CA

Community bank primarily serving Korean-American and multi-ethnic communities across the U.S. A top SBA 7(a) lender offering commercial real estate loans, SBA lending, trade finance, and full-service business banking.

88 SBA loans SBA Verified
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Climate First Bank

St. Petersburg, FL

Mission-driven community bank focused on sustainability and an SBA preferred lender. Offers SBA 7(a) loans, solar and clean energy financing, commercial real estate lending, and conventional business loans with a focus on environmentally beneficial projects.

45 SBA loans SBA Verified
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Lendistry SBLC, LLC

Los Angeles, CA

CDFI and SBA community advantage lender focused on providing responsible lending to small businesses in underserved communities. Offers SBA 7(a) loans, microloans, and commercial real estate financing with a focus on minority and women-owned businesses.

$50K – $5M 229 SBA loans SBA Verified
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Mission Valley Bank

SUN VALLEY, CA

Sun Valley, California community bank specializing in SBA 7(a) loans, commercial real estate, and business lending. Known for serving small and mid-sized businesses throughout the greater Los Angeles area.

19 SBA loans SBA Verified
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Stone Bank

MOUNTAIN VIEW, AR

Arkansas-based bank specializing in government-guaranteed lending including SBA, FSA, and USDA business loans. Offers nationwide lending with expertise in SBA 7(a) financing for small business acquisitions and real estate.

72 SBA loans SBA Verified
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PNC Bank, National Association

WILMINGTON, DE

One of the largest U.S. banks, offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, lines of credit, and comprehensive treasury management. Full-service business banking across the eastern United States.

68 SBA loans SBA Verified
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Bank of America

Charlotte, NC

One of the largest US banks. Commercial real estate lending, construction financing, and SBA loans through nationwide branch network.

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Ready Capital

New York, NY

Nationwide commercial lender offering bridge, permanent, and SBA loans. Specializes in small to mid-balance CRE loans ($1M-$35M).

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About SBA 7(a) Loans in District of Columbia

SBA 7(a) loans are the most common SBA loan program, offering up to $5 million for working capital, equipment, real estate, business acquisition, and refinancing. Backed by the U.S. Small Business Administration, they offer competitive rates and longer terms than conventional business loans. In District of Columbia, 27 lenders currently offer SBA 7(a) financing with loan amounts from $25K to $5M and rates typically ranging from Prime + 1.5% to 3.75%.

District of Columbia Market Overview

Washington, D.C.'s economy is anchored by federal government operations, with a large ecosystem of contractors, law firms, and trade associations generating consistent office demand. The District has diversified into technology and life sciences sectors.

D.C.'s Height of Buildings Act limits most structures to 130 feet, constraining supply and supporting property values in the core. The District's Tenant Opportunity to Purchase Act (TOPA) gives commercial tenants the right of first refusal on property sales, which can complicate and delay CRE transactions. Federal lease expirations and the shift toward remote work have reshaped the office market, pushing investors toward adaptive reuse conversions of older office buildings into residential or mixed-use properties.

Who Should Consider SBA 7(a) Loans?

  • Small business owners
  • Business acquisitions
  • Working capital needs
  • Commercial real estate purchase

Key Requirements

  • For-profit business operating in the US
  • Owner has invested equity
  • Exhausted other financing options
  • No delinquent government debt
  • Credit score: 680+

Pros and Cons

Advantages

  • Low down payment (as low as 10%)
  • Competitive interest rates
  • Long repayment terms
  • Can be used for many purposes

Considerations

  • Lengthy application process
  • Extensive documentation required
  • Personal guarantee required
  • Collateral often needed

SBA 7(a) Loans FAQ

How long does an SBA 7(a) loan take to close?
Typically 30-90 days from application to funding. SBA Preferred Lenders can approve loans in-house, which speeds things up significantly.
Can I use an SBA 7(a) for real estate?
Yes. SBA 7(a) loans can finance commercial real estate purchase, construction, or renovation. Terms up to 25 years for real estate.
What's the difference between SBA 7(a) and 504?
7(a) is more flexible — it can be used for working capital, equipment, and real estate. 504 is specifically for major fixed assets like real estate and large equipment, and typically offers lower rates on the CDC portion.

SBA 7(a) Loans by City in District of Columbia

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