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Lender ExplorerArkansas

Top SBA Lenders in Arkansas

The 27 most active SBA 7(a) lenders in Arkansas, ranked by total loan volume. Data comes directly from SBA FOIA records covering every approved 7(a) loan from 2021 through 2026.

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Why your SBA lender matters

Not every SBA lender will work your deal. Lenders specialize by industry, deal size, and loan purpose, and their approval, funding, and default patterns vary significantly from institution to institution. Matching your deal to a lender with the right historical activity in your market gives you a better shot at a clean, predictable close.

#LenderLoansTotal VolumeAvg LoanFunded %Default %
1Arvest Bank204$54.5M$267K93.6%2.1%
2U.S. Bank, National Association135$6.3M$47K75.6%1.0%
3Southern Bancorp Bank111$85.2M$768K87.4%2.1%
4First Service Bank104$74.2M$713K90.4%0.0%
5First Financial Bank94$112.0M$1.2M79.8%0.0%
6The Huntington National Bank73$39.6M$542K80.8%1.7%
7FNBC Bank59$27.5M$465K83.1%0.0%
8ACC Capital51$20.6M$403K64.7%0.0%
9Newtek Bank, National Association50$13.5M$271K54.0%3.7%
10Northeast Bank49$7.0M$144K40.8%10.0%
11Live Oak Banking Company47$79.4M$1.7M87.2%0.0%
12Readycap Lending, LLC42$20.9M$497K85.7%2.8%
13First Security Bank36$9.3M$258K88.9%3.1%
14Bank OZK35$23.4M$669K80.0%3.6%
15BayFirst National Bank29$5.7M$196K82.8%16.7%
16Celtic Bank Corporation27$11.4M$423K88.9%16.7%
16Simmons Bank27$11.1M$410K88.9%4.2%
18United Midwest Savings Bank National Association26$9.9M$381K88.5%4.3%
19Regions Bank25$25.5M$1.0M88.0%0.0%
20RiverBank21$7.1M$337K95.2%0.0%
21Encore Bank19$11.2M$589K89.5%0.0%
22Equity Bank17$11.7M$688K88.2%0.0%
23The First National Bank of Fort Smith15$3.3M$220K100.0%0.0%
24CS Bank14$4.9M$349K92.9%0.0%
24Newtek Small Business Finance, Inc.14$4.4M$315K57.1%12.5%
24Byline Bank14$27.8M$2.0M92.9%15.4%
24Lendistry SBLC, LLC14$2.5M$177K100.0%0.0%

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026. Lenders with fewer than 3 approved loans in Arkansas during this period are excluded. Funded % = approved loans that were funded. Default % = SBA-purchased loans divided by funded loans. Rankings are by total loan count.

How to read this table

Funded % is the share of approved loans that actually closed. A lender with a high approval rate but low funded rate may be approving deals they later back out of — a sign of a disorganized process or shifting appetite.

Default % is the share of funded loans that the SBA had to purchase (the borrower stopped paying). A high default rate isn't automatically disqualifying (some lenders specialize in riskier deals), but it affects how cautious their underwriting is likely to be.

Loan count vs. total volume tell different stories. A lender at the top by loan count may specialize in smaller deals; a lender with fewer but larger loans may only work with mid-market acquisitions. Match your deal size to their typical range.

Volume rankings show who's historically active in Arkansas. They don't tell you who's actively lending right now or who has the right appetite for your specific industry and deal structure. That's where we come in.

Looking for an SBA lender in Arkansas?

We know which lenders on this list are actively funding deals right now, and which ones are the right fit for your industry and loan size. Pre-qualify and we'll find your match (free to borrowers).