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SBA lender · 7(a) program
Evergreen Business Capital
Evergreen Business Capital has approved 2,010 SBA loans worth $1.64B since FY2010 - the #68 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#68
0.32% of all SBA dollars
Total approved
$1.64B
FY2010 onward
Loans
2,010
Median loan
$508,500
+183% vs national
Median rate
8.25%
+1.50 pts vs national
Charge-off rate
2.1%
705 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Evergreen Business Capital’s numbers say
Evergreen Business Capital sits solidly inside the SBA lending field, having approved 2,010 loans for a gross total of $1.64B since fiscal 2010. Its median loan of $508,500 is substantially larger than the $180,000 national median, a pattern that usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
The median initial note rate across its 7(a) approvals is 8.25%, 1.50 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 2.1% were charged off, 5.4 points below the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 6% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally - a book weighted toward established operators.
Where Evergreen Business Capital lends
| State | Loans | Share |
|---|---|---|
| Washington | 995 | |
| Oregon | 660 | |
| Alaska | 317 | |
| Idaho | 35 | |
| North Carolina | 1 | |
| New Mexico | 1 | |
| Utah | 1 |
What it lends against
Franchise brands Evergreen Business Capital financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Best Western | 10 | $24.2M | |
| Dairy Queen | 7 | $2.9M | |
| Ace Hardware | 5 | $4.0M | |
| Napa Auto Parts | 4 | $2.3M | |
| Domino's Pizza | 4 | $1.8M | |
| Yamaha | 4 | $3.0M | |
| Union 76 Oil | 3 | $1.3M | |
| Comfort Inn | 3 | $4.1M |
Brands with the most Evergreen Business Capital SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
A different SBA 7(a) lender
SmartBiz is a separate company from Evergreen Business Capital. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.
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Questions about Evergreen Business Capital
- How many SBA loans has Evergreen Business Capital approved?
- Evergreen Business Capital has approved 2,010 SBA loans totalling $1,639,729,100 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #68 among all SBA lenders by dollars approved.
- What is the typical Evergreen Business Capital SBA loan size?
- The median gross approval is $508,500, with the middle 80% of loans falling between $186,000 and $1,854,000. The national median across all SBA lenders is $180,000.
- What interest rate does Evergreen Business Capital charge on SBA 7(a) loans?
- The median initial note rate on Evergreen Business Capital's 7(a) approvals is 8.25%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is Evergreen Business Capital's SBA loan charge-off rate?
- 2.1% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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