Lending data
Who actually lends to finance and insurance businesses in Arkansas?
23 SBA 7(a) loans went to finance and insurance businesses in Arkansas recently, at a median of $103,500. Here are the lenders that made them, ranked.
23 SBA 7(a) loans went to finance and insurance businesses in Arkansas in the most recent fiscal years. The median was $103,500 over 10 years. The most active lender was Readycap Lending, LLC, with 3 loans.
What lending to finance and insurance businesses in Arkansas 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 | Finance and insurance, Arkansas | All 7(a) borrowers |
|---|---|---|
| Loans approved | 23 | 214,102 |
| Median loan | $103,500 | $150,000 |
| 25th - 75th percentile | $50,000 - $350,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.50% | 10.25% |
| Share to startups | 39.1% | 33.6% |
| Charge-off rate, FY2010-19 cohort | not enough history | 7.1% |
Which lenders actually funded them
Ranked by loans approved to finance and insurance businesses in Arkansas. 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 |
|---|---|---|---|---|
| Readycap Lending, LLC | 3 | $50,000 | 0% | 14.00% |
| Arvest Bank | 2 | $47,500 | 100% | 9.00% |
| FNBC Bank | 2 | $971,150 | 100% | 10.38% |
| U.S. Bank | 2 | $125,900 | 0% | 9.48% |
| Lendistry SBLC, LLC | 2 | $77,200 | 0% | 12.50% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run smaller than average. The median of $103,500 is 31% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 39% against 34% nationally.
- No single lender dominates, but the top three made 30% of these loans, so the shortlist below covers most of the active market.
Which of them lend to new businesses
Of those loans, 39.1% 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 |
|---|---|---|---|---|
| Arvest Bank | 2 | $47,500 | 100% | 9.00% |
| FNBC Bank | 2 | $971,150 | 100% | 10.38% |
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 Arkansas: restaurants and hotels, construction, agriculture, retail, personal services, healthcare
- Finance in comparable states: New Hampshire, Idaho, Nebraska, Kentucky, Kansas, Mississippi