Lending data
Who actually lends to finance and insurance businesses in Nevada?
42 SBA 7(a) loans went to finance and insurance businesses in Nevada recently, at a median of $352,000. Here are the lenders that made them, ranked.
42 SBA 7(a) loans went to finance and insurance businesses in Nevada in the most recent fiscal years. The median was $352,000 over 10 years. The most active lender was U.S. Bank, with 7 loans.
What lending to finance and insurance businesses in Nevada 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, Nevada | All 7(a) borrowers |
|---|---|---|
| Loans approved | 42 | 214,102 |
| Median loan | $352,000 | $150,000 |
| 25th - 75th percentile | $150,000 - $828,750 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.25% | 10.25% |
| Share to startups | 23.8% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 8.1% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to finance and insurance businesses in Nevada. 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 |
|---|---|---|---|---|
| U.S. Bank | 7 | $50,000 | 71% | 7.99% |
| Oconee State Bank | 6 | $759,400 | 33% | 10.25% |
| JPMorgan Chase Bank | 4 | $332,800 | 25% | 9.10% |
| Live Oak Banking Company | 3 | $1,000,000 | 0% | 9.65% |
| CenTrust Bank | 3 | $350,000 | 0% | 10.00% |
| BayFirst National Bank | 2 | $125,000 | 0% | 11.00% |
| The Huntington National Bank | 2 | $275,000 | 0% | 9.62% |
| Readycap Lending, LLC | 2 | $1,354,450 | 0% | 10.38% |
| Newtek Bank | 2 | $150,000 | 0% | 11.50% |
| Wells Fargo Bank | 2 | $710,500 | 0% | 7.79% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run larger than average. The median of $352,000 is 135% 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.
- This is a hard market for new businesses. Only 24% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 40% of these loans, so the shortlist below covers most of the active market.
Which of them lend to new businesses
Of those loans, 23.8% 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 |
|---|---|---|---|---|
| U.S. Bank | 5 | $50,000 | 71% | 7.99% |
| Oconee State Bank | 2 | $759,400 | 33% | 10.25% |
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 Nevada: restaurants and hotels, construction, personal services, professional services, healthcare, retail
- Finance in comparable states: Alabama, Oklahoma, Louisiana, Connecticut, Wisconsin, Virginia