Our list results from an extensive, internal research effort focused on small business lending in Arizona, based on reliable and verifiable data. We've sorted these lenders by the volume of small business loans they have issued this year.
This approach highlights those financial institutions that are truly active in providing loans to small businesses within Arizona.
(This is in contrast to many other sites, which tend to focus on nonprofits with limited lending activities or government programs that are not easily accessible.)
Takeaway: All but one of the top-lending banks for small businesses in Arizona are national banks.
Methodology: Our study is based on data from SBA 7a loans, ensuring that every lender we mention provides these types of loans. Additionally, we've gathered details on various other small business loan options that these lenders promote on their websites.
It's important to recognize that mainstream banks typically set high standards, demanding strong credit scores and at least two years of business operation. In response to this, we've begun our list with a couple of financing alternatives designed for small business proprietors who might be struggling with lower credit scores or who are relatively new to the business scene.
