Lending data
Who actually lends to farms and agricultural businesses in Arizona?
20 SBA 7(a) loans went to farms and agricultural businesses in Arizona recently, at a median of $180,000. Here are the lenders that made them, ranked.
20 SBA 7(a) loans went to farms and agricultural businesses in Arizona in the most recent fiscal years. The median was $180,000 over 10 years. The most active lender was Wells Fargo Bank, with 3 loans.
What lending to farms and agricultural businesses in Arizona actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Agriculture and farming, Arizona | All 7(a) borrowers |
|---|---|---|
| Loans approved | 20 | 214,102 |
| Median loan | $180,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $390,200 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.50% | 10.25% |
| Share to startups | 40.0% | 33.6% |
| Charge-off rate, FY2010-19 cohort | not enough history | 7.1% |
Which lenders actually funded them
Ranked by loans approved to farms and agricultural businesses in Arizona. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Wells Fargo Bank | 3 | $15,000 | 100% | 12.00% |
| Celtic Bank Corporation | 3 | $150,000 | 33% | 10.25% |
| Red River State Bank | 3 | $200,000 | 0% | 8.25% |
| Arizona Capital Source | 2 | $198,500 | 100% | 10.50% |
| Readycap Lending, LLC | 2 | $32,750 | 0% | 15.00% |
| Bokf | 2 | $458,800 | 0% | 7.88% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run larger than average. The median of $180,000 is 20% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- Startup share is about average, at 40% against 34% nationally.
- No single lender dominates, but the top three made 45% of these loans, so the shortlist below covers most of the active market.
Which of them lend to new businesses
Of those loans, 40.0% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Wells Fargo Bank | 3 | $15,000 | 100% | 12.00% |
| Arizona Capital Source | 2 | $198,500 | 100% | 10.50% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Arizona: construction, healthcare, restaurants and hotels, personal services, professional services, retail
- Agriculture in comparable states: Virginia, Iowa, Tennessee, New Hampshire, Colorado, Massachusetts