How Much Does a Business Lender Make in Springfield, MA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Lender in Springfield, MA is $102,766. While Salary.com is seeing that Business Lender salary in Springfield, MA can go up to $129,858 or down to $69,772, but most earn between $85,496 and $116,947. 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% $85,496 10% $69,772 90% $129,858 75% $116,947 $102,766 50%(Median)
Related Job Titles to Business Lender
Small Business Lender
$45,954
Springfield, MA
Per Year
Lender
$61,583
Springfield, MA
Per Year
Commercial Lender
$56,030
Springfield, MA
Per Year
Consumer Lender
$79,615
Springfield, MA
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
gpac
Small Business Lender
$83,102/yr
$68,189
$98,016
RANGE: $68,189 - $98,016
Service Credit Union
Small Business Lender
$188,835/yr
$155,316
$222,354
RANGE: $155,316 - $222,354
LE0005 CLEAResult Consulting Inc.
Lender Account Manager
$82,860/yr
$70,282
$95,438
RANGE: $70,282 - $95,438
CLEAResult Consulting Inc.
Lender Account Manager
$91,096/yr
$78,520
$103,673
RANGE: $78,520 - $103,673
Clear Lake Bank & Trust Inc
Commercial Lender/Business Banking Officer
$92,529/yr
$77,434
$107,623
RANGE: $77,434 - $107,623
MidFirst Bank - Default
Commercial Lender - Norman Business Banking
$104,909/yr
$85,933
$123,885
RANGE: $85,933 - $123,885
$71,387/yr
$60,671
$82,103
RANGE: $60,671 - $82,103
$93,488/yr
$73,878
$113,099
RANGE: $73,878 - $113,099
America At Work
Community Lender-Small Business -Bilingual (English/Spanish)
$83,793/yr
$70,343
$97,244
RANGE: $70,343 - $97,244

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What Does a Business Lender Do?

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
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
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 Springfield, MA?

The Business Lender salary range is from $85,496 to $116,947, and the average Business Lender salary is $102,766/year in Springfield, MA. 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.