Arrow Bank, N.A. (NY)
SBA loan rates, programs and alternatives for this bank in New York.
Arrow Bank, N.A. is the bank subsidiary of Arrow Financial Corporation, headquartered in Glens Falls, New York. It brought the former Glens Falls National Bank and Saratoga National Bank under one charter in 2025 and serves the Capital Region, the Adirondacks and the upper Hudson Valley.
Arrow's SBA lending runs through its commercial banking team, which handles 7(a) loans alongside conventional commercial real estate and equipment loans for businesses in Warren, Washington, Saratoga and surrounding counties. Ask for its SBA lending officer rather than a branch manager.
Maximum SBA rates at Arrow Bank
Every SBA lender must stay at or below the SBA's caps, which are tied to the prime rate (7.00%). A loan over $350,000 can't carry a variable rate above 10.00%.
| Loan amount | Maximum spread | Maximum variable rate today |
|---|---|---|
| $50,000 or less | Prime + 6.5 | 13.50% |
| $50,001 to $250,000 | Prime + 6.0 | 13.00% |
| $250,001 to $350,000 | Prime + 4.5 | 11.50% |
| Over $350,000 | Prime + 3.0 | 10.00% |
Ask Arrow Bank for its spread over prime. Two lenders can both be under the cap and still be a full point apart. See how SBA 7(a) rates are set.
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Get matched with an SBA lender
Answer four questions and see SBA lenders that fit your state, loan size and industry, with your maximum rate. Compare at least two quotes before you sign. Rates move monthly: check current SBA loan rates and the 504 rate.
Before you apply
- Ask whether the lender is an SBA Preferred Lender and how many SBA loans it closed last year in your industry.
- Request the spread over prime, the fixed-rate option, and all fees in writing.
- Get at least one more quote. Our lender directory lists other SBA lenders in New York.
Questions
Does Arrow Bank offer SBA loans?
Arrow Bank, N.A. appears in SBA's public lending data as a participating SBA lender. Confirm which programs it offers today and whether it has Preferred Lender (PLP) status, which lets it approve loans without waiting on the SBA.
What rate will I get on an SBA loan from Arrow Bank?
The lender sets your rate below the SBA maximum. With prime at 7.00%, variable 7(a) caps run from 10.00% to 13.50%. Your rate depends on loan size, term, collateral, credit and cash flow.
Where is Arrow Bank based?
Arrow Bank, N.A. is headquartered in Glens Falls, New York. is the bank subsidiary of Arrow Financial Corporation, headquartered in Glens Falls, New York. It brought the former Glens Falls National Bank and Saratoga National Bank under one charter in 2025 and serves the Capital Region, the Adirondacks and the upper Hudson Valley.
Sources: SBA 7(a) terms, conditions and maximum variable rates; Federal Reserve H.15 selected interest rates (bank prime loan rate); November 2026 SBA 504 debenture pricing, as published by CDCs; SBA FOIA 7(a) and 504 loan-level data.