SBA Lenders in Wisconsin
37 SBA-approved lenders headquartered in Wisconsin (WI) plus 10 more that actively fund Wisconsin borrowers. Tell us about your deal and we'll match you with the right capital source.
Who are the top SBA lenders in Wisconsin?
PeerSense tracks 37 SBA-approved lenders headquartered in Wisconsin (WI), plus 10 out-of-state lenders that actively fund Wisconsin borrowers. Top by Wisconsin-specific volume: Bank Five Nine, Associated Bank, National Association, IncredibleBank. Wisconsin HQ lenders have collectively originated $8.3B in SBA volume.
— PeerSense Capital Advisory · Westfield IN · Updated May 16, 2026
Sources: SBA 7(a) & 504 Loan Data, FDIC BankFind
Top SBA Lenders Headquartered in Wisconsin
Ranked by total SBA loan activity. Click any bank for the full profile, NAICS specialization, and franchise lending history.
| Lender | State | Activity | Profile |
|---|---|---|---|
| Associated Bank, National Association | WI | High Volume | View Profile → |
| Bank Five Nine | WI | High Volume | View Profile → |
| Bank First, N.A. | WI | High Volume | View Profile → |
| Summit CU | WI | High Volume | View Profile → |
| Nicolet National Bank | WI | High Volume | View Profile → |
| IncredibleBank | WI | Active | View Profile → |
| First Business Bank | WI | Active | View Profile → |
| Waukesha State Bank | WI | Active | View Profile → |
| Hiawatha National Bank | WI | Active | View Profile → |
| Community State Bank | WI | Active | View Profile → |
| Lake Ridge Bank | WI | Active | View Profile → |
| Horicon Bank | WI | Active | View Profile → |
| Citizens Community Federal National Association | WI | Active | View Profile → |
| American National Bank-Fox Cities | WI | Active | View Profile → |
| Wisconsin Women's Business Initiative Corporation | WI | Active | View Profile → |
| Peoples State Bank | WI | Active | View Profile → |
| Johnson Bank | WI | Active | View Profile → |
| National Exchange Bank and Trust | WI | Active | View Profile → |
| Verve, a Credit Union | WI | Active | View Profile → |
| Citizens State Bank | WI | Active | View Profile → |
Associated Bank, National Association
WIBank Five Nine
WIBank First, N.A.
WISummit CU
WINicolet National Bank
WIIncredibleBank
WIFirst Business Bank
WIWaukesha State Bank
WIHiawatha National Bank
WICommunity State Bank
WILake Ridge Bank
WIHoricon Bank
WICitizens Community Federal National Association
WIAmerican National Bank-Fox Cities
WIWisconsin Women's Business Initiative Corporation
WIPeoples State Bank
WIJohnson Bank
WINational Exchange Bank and Trust
WIVerve, a Credit Union
WICitizens State Bank
WIOut-of-State Lenders Actively Funding Wisconsin Borrowers
National banks and multi-state regionals frequently fund Wisconsin deals at competitive rates — often with faster underwriting than local-only banks. Ranked by Wisconsin-specific SBA volume.
Byline Bank
HQ IL · 102 WI loans · $93.1M WI volume
UMB Bank, National Association
HQ MO · 117 WI loans · $46.0M WI volume
BMO Bank National Association
HQ IL · 223 WI loans · $40.6M WI volume
Old National Bank
HQ IN · 68 WI loans · $30.3M WI volume
Millennium Bank
HQ IL · 7 WI loans · $23.7M WI volume
Merchants Bank of Indiana
HQ IN · 8 WI loans · $20.8M WI volume
Bank of Ann Arbor
HQ MI · 67 WI loans · $19.8M WI volume
Northbrook Bank & Trust Company, National Association
HQ IL · 9 WI loans · $11.1M WI volume
Merchants Bank, National Association
HQ MN · 8 WI loans · $7.6M WI volume
Village Bank and Trust, National Association
HQ IL · 11 WI loans · $6.8M WI volume
Looking for an SBA Lender in Wisconsin?
PeerSense matches your deal with the right capital source from our network of 37+ Wisconsin lenders and hundreds more nationwide. No retainers — referral fee established upfront and paid at closing.
SBA Lending in Wisconsin
Wisconsin is home to 37 SBA-approved lenders that have collectively originated $8.3B in SBA loan volume. These lenders serve businesses across the state through the SBA 7(a) and 504 loan programs, providing financing for acquisitions, commercial real estate, equipment, and working capital.
Whether you're acquiring a business in Wisconsin, expanding an existing operation, or purchasing commercial property, SBA financing offers competitive terms with government-backed guarantees. PeerSense analyzes each lender's activity, deal preferences, and specializations to help you find the best fit.
How PeerSense Helps Wisconsin Borrowers
We're a commercial lending advisory firm headquartered in Westfield, Indiana — not a lender. We structure and place deals across SBA, CMBS, private credit, equipment financing, and more. Our team reviews your transaction, identifies the right capital sources, and makes warm introductions to lenders actively funding deals like yours. Most clients receive their first lender introduction within one business day.
Other Capital Programs for Wisconsin Borrowers
PeerSense covers the full commercial capital stack for Wisconsin operators — beyond SBA. Compare current rates and structures.
CMBS Conduit
5.60–7.10%10-yr non-recourse fixed, $5M–$500M+, fully assumable
Bridge Loans
9.00–14.00%12–36 mo transitional, SOFR + 470-970 bps, 65-75% LTV
DSCR Investor
5.95–8.50%30-yr fixed rental, qualifies on property cash flow
Equipment Financing
5.50–12.00%Loan, lease, SBA 504, vendor, captive — Section 179 eligible
Hotel Financing
5.85–11.75%CMBS + SBA 504 + bridge + PIP across all flags
Mezzanine Debt
11.00–18.00%Subordinate to senior, $1M–$50M, capital stack fill
Private Credit
7.80–18.00%Non-bank flexibility, unitranche, recap, transitional
Invoice Factoring + ABL
0.5–3.5% / 30dB2B receivables, trucking / staffing / construction / govt
No-Doc CRE
7.50–11.50%Limited-doc commercial, asset-based underwriting
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