What Are Some Major Banks That Offer Small Business Startup Loans?


Quick Answer

Wells Fargo, Bank of America and JPMorgan Chase rank as the top three major banks that offer small business startup loans. Major bank lenders U.S. Bank and Citibank, rank highly as well, according to the recent Sageworks analysis of the top U.S. lenders to small business, as reported by Forbes.

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Full Answer

According to the U.S. Small business Administration, Wells Fargo Bank, U.S. Bank and JP Morgan Chase Bank are three of the top five most active SBA lenders. North Carolina-based First-Citizens Bank and Bank of the West, headquartered in California, are two larger-sized banks, that compared with the major banks, invest at least three times more of their portfolios in small business loans.

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