Our carefully curated list highlights the leading small business lenders in North Carolina, all backed by concrete data. These lenders are ranked based on the volume of small business loans they've distributed this year.
Put simply, this list focuses on those financial institutions and lenders that are actively extending the greatest number of loans to small businesses within the state.
(This is in contrast to some other sites that often discuss nonprofit organizations that seldom provide loans or government schemes that are out of reach for many businesses!)
Takeaway: Both big, national banks and small, regional banks lend to small businesses in North Carolina. They offer a wide variety of small business loans.
Methodology: We've grounded our research in data from SBA 7a loans, so every lender on our list offers these. Additionally, we've cataloged other small business loan types these lenders display on their websites.
It's important to note that mainstream banks often have stringent criteria, like high credit scores and a business operation minimum of two years. Recognizing this, we've begun our compilation with two financial solutions tailored for small business owners facing credit challenges or those newly established in business.
