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SBA lenders in Asheville, NC

SBA 7(a) and 504 loans to businesses in Asheville (Buncombe County), October 2021 to June 30, 2026 · Updated October 15, 2026
176
SBA loans approved
$115.9M
Total approved
$250,000
Median loan
51
Lenders active
44%
To startups

176 SBA loans worth $115.9M went to businesses in Asheville, NC between October 2021 and June 2026, from 51 lenders. Mountain Bizcapital made the most, 22 loans. The median loan was $250,000, compared with $311,750 across North Carolina, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Asheville

#LenderLoansApprovedMedian loanTo startups
1Mountain Bizcapital
Non-bank lender · Asheville, NC
22$3.5M$125,00064%
2TD Bank
Bank · Wilmington, DE
14$2.8M$62,50029%
3HomeTrust Bank
Bank · Asheville, NC
12$7.9M$427,50050%
4Huntington National Bank
Bank · Columbus, OH
11$7.3M$266,00091%
5Wells Fargo Bank
Bank · Sioux Falls, SD
9$3.9M$15,000100%
6Business Expansion Funding
Certified development company · Charlotte, NC
8$11.7M$1,000,50012%
7Live Oak Banking
Bank · Wilmington, NC
7$12.3M$1,210,00043%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
6$5.2M$50,0000%
9First Bank
Bank · Southern Pines, NC
5$3.9M$780,10020%
10Northeast Bank
Bank · Portland, ME
5$671K$122,5000%
11Newtek Bank
Bank · Miami, FL
5$370K$50,00020%
12U.S. Bank
Bank · Cincinnati, OH
4$2.7M$214,5000%
13PNC Bank
Bank · Wilmington, DE
4$2.6M$441,500100%
14First Bank of the Lake
Bank · Osage Beach, MO
4$2.4M$585,00025%
15Bank of America
Bank · Charlotte, NC
4$2.2M$607,50025%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Asheville. For 504 loans the lender shown is the certified development company.

What gets financed in Asheville

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels41
23%
$300,000Mountain Bizcapital
Health care and social assistance22
12%
$200,000Live Oak Banking
Retail17
10%
$258,000Mountain Bizcapital
Other services (repair, personal care)16
9%
$301,000Newtek Bank
Manufacturing16
9%
$769,000Mountain Bizcapital
Arts, entertainment and recreation14
8%
$443,500Huntington National Bank
Administrative and support services10
6%
$88,750Carolina Small Business Development Fund
Professional and technical services10
6%
$332,000U.S. Bank
Loan size mix
  • Under $150,00037%
  • $150,000 to $500,00029%
  • $500,000 to $2 million27%
  • $2 million and up7%
Compared with North Carolina
Median loan, Asheville
$250,000
Median loan, North Carolina
$311,750
Startup share, Asheville
44%
Startup share, North Carolina
40%
Share of state's SBA loans
2.4%

SBA loans per fiscal year in Asheville

0204060FY14: 15 loansFY14FY15: 44 loansFY15FY16: 34 loansFY16FY17: 56 loansFY1756FY18: 56 loansFY18FY19: 41 loansFY19FY20: 31 loansFY20FY21: 39 loansFY21FY22: 34 loansFY22FY23: 41 loansFY23FY24: 39 loansFY24FY25: 43 loansFY25FY26 (Oct to Jun): 19 loansFY2619
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.