How Much Does a Business Lender Make in New Jersey?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Lender in New Jersey is $107,988. While Salary.com is seeing that Business Lender salary in NJ can go up to $136,457 or down to $73,317, but most earn between $89,840 and $122,890. 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% $89,840 10% $73,317 90% $136,457 75% $122,890 $107,988 50%(Median)
Related Job Titles to Business Lender
Small Business Lender
$48,289
New Jersey
Per Year
Lender
$64,712
New Jersey
Per Year
Commercial Lender
$58,878
New Jersey
Per Year
Consumer Lender
$83,660
New Jersey
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
BLACK HILLS FEDERAL CREDIT UNION
Business Lender - All Levels
$77,873/yr
$69,086
$86,661
RANGE: $69,086 - $86,661
gpac
Small Business Lender
$75,090/yr
$67,341
$82,840
RANGE: $67,341 - $82,840
Service Credit Union
Small Business Lender
$143,116/yr
$128,056
$158,175
RANGE: $128,056 - $158,175
Clear Lake Bank & Trust Inc
Commercial Lender/Business Banking Officer
$81,320/yr
$72,457
$90,183
RANGE: $72,457 - $90,183
$67,727/yr
$60,814
$74,639
RANGE: $60,814 - $74,639
$72,559/yr
$64,960
$80,157
RANGE: $64,960 - $80,157
America At Work
Community Lender-Small Business -Bilingual (English/Spanish)
$73,187/yr
$64,132
$82,243
RANGE: $64,132 - $82,243
IFF
Senior Lender
$139,293/yr
$125,785
$152,801
RANGE: $125,785 - $152,801
Foothills Bank
Commercial Lender
$98,082/yr
$86,395
$109,769
RANGE: $86,395 - $109,769

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Top 10 Highest Paying Cities For Business Lender Jobs in New Jersey

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 New Jersey. 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 New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Business Lender salary is $115,082 in Jersey City, which is higher than the national average. There are 33 cities' Business Lender salary higher than national average in New Jersey.
The average salary for a Business Lender in New Jersey is $107,988, but we found that the city with the highest salary for Business Lender jobs is Jersey City, NJ, and it is higher than Union City. Business Lender jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $115,082 $9,590 $2,213 $55
Union City $115,082 $9,590 $2,213 $55
Hoboken $115,082 $9,590 $2,213 $55
West New York $115,082 $9,590 $2,213 $55
Paramus $113,506 $9,459 $2,183 $55
Paterson $113,407 $9,451 $2,181 $55
Clifton $113,407 $9,451 $2,181 $55
Passaic $113,407 $9,451 $2,181 $55
Bloomfield $113,407 $9,451 $2,181 $55
Wayne $113,407 $9,451 $2,181 $55

What Does a Business Lender Do?

Unlike many traditional lenders, National Funding provides customized financing solutions for your business.
Updated December 22, 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
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
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 New Jersey?

The Business Lender salary range is from $89,840 to $122,890, and the average Business Lender salary is $107,988/year in New Jersey. 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 $123,654 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.