How Much Does a Business Lender Make in Massachusetts?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Lender in Massachusetts is $107,224. While Salary.com is seeing that Business Lender salary in MA can go up to $135,500 or down to $72,786, but most earn between $89,198 and $122,025. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $89,198 10% $72,786 90% $135,500 75% $122,025 $107,224 50%(Median)
Related Job Titles to Business Lender
Small Business Lender
$47,945
Massachusetts
Per Year
Lender
$64,448
Massachusetts
Per Year
Commercial Lender
$58,509
Massachusetts
Per Year
Consumer Lender
$83,193
Massachusetts
Per Year
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Similar Job Salaries to Business Lender by Company

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Company average base salary in (usd) range
Florence Bank
Small Business Lender, Main Office,Florence MA
$117,497/yr
$96,515
$138,478
RANGE: $96,515 - $138,478
ELGA Credit Union
Small Business Lender
$107,980/yr
$86,637
$129,323
RANGE: $86,637 - $129,323
BLACK HILLS FEDERAL CREDIT UNION
Business Lender - All Levels
$87,376/yr
$71,316
$103,436
RANGE: $71,316 - $103,436
gpac
Small Business Lender
$83,233/yr
$68,299
$98,166
RANGE: $68,299 - $98,166
Leader Bank
Assistant Commercial Lender
$129,040/yr
$105,698
$152,382
RANGE: $105,698 - $152,382
First American Bank
Commercial Lender/Business Development (Carlsbad)
$87,369/yr
$70,801
$103,936
RANGE: $70,801 - $103,936
General Electric Credit Union
Small Business Administration Commercial Lender
$103,382/yr
$86,201
$120,562
RANGE: $86,201 - $120,562
Riveron
Transaction Services - Lender Services Manager
$82,461/yr
$72,171
$92,751
RANGE: $72,171 - $92,751
The Symicor Group
Sr. Commercial Lender - Job # 3350
$135,758/yr
$112,829
$158,688
RANGE: $112,829 - $158,688
Riveron
Transaction Services - Lender Services Associate
$114,271/yr
$99,976
$128,566
RANGE: $99,976 - $128,566

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Top 10 Highest Paying Cities For Business Lender Jobs in Massachusetts

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Lender can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Lender job salaries in Massachusetts. Some cities can pay higher salaries for Business Lender jobs, which can indicate that there is a large demand for Business Lender positions in this city.
The following table shows top 10 cities where the Business Lender salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Business Lender salary is $109,884 in Boston, which is higher than the national average. There are 36 cities' Business Lender salary higher than national average in Massachusetts.
The average salary for a Business Lender in Massachusetts is $107,224, but we found that the city with the highest salary for Business Lender jobs is Boston, MA, and it is higher than Cambridge. Business Lender jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boston $109,884 $9,157 $2,113 $53
Cambridge $109,884 $9,157 $2,113 $53
Waltham $109,884 $9,157 $2,113 $53
Newton $109,884 $9,157 $2,113 $53
Arlington $109,884 $9,157 $2,113 $53
Brookline $109,884 $9,157 $2,113 $53
Lynn $109,884 $9,157 $2,113 $53
Malden $109,884 $9,157 $2,113 $53
Medford $109,884 $9,157 $2,113 $53
Quincy $109,884 $9,157 $2,113 $53

What Does a Business Lender Do?

Unlike many traditional lenders, National Funding provides customized financing solutions for your business.
Updated December 22, 2021
You’ll likely need strong credit, two or more years in business and solid revenue to qualify for a loan from one of these lenders.
Updated December 07, 2021
Small-business lenders can be traditional financial institutions — such as banks or credit unions — government agencies or other organizations like online fintech companies.
Updated December 17, 2021
Public and private financial institutions, government agencies and nonprofit organizations can all be small-business lenders.
Updated December 12, 2021
Banks and credit unions offer some of the most affordable small-business loans, but these lenders also have lengthy application processes and strict eligibility requirements.
Updated November 27, 2021

Frequently Asked Questions About a Business Lender Salaries

What is the average of a Business Lender in Massachusetts?

The Business Lender salary range is from $89,198 to $122,025, and the average Business Lender salary is $107,224/year in Massachusetts. The Business Lender's salary will change in different locations.

Which location pays the highest Business Lender salary in the United States?

The Business Lender salary in San Jose, CA is $124,268 which is the highest in the US.

What kinds of reasons will influence the Business Lender's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Lender.

What is the growth rate of the Business Lender's salary?

If you are thinking of becoming a Business Lender or planning the next step in your career, find the detailed salary report of a Business Lender.