Other Commercial Equipment Merchant Wholesalers: SBA acquisition lenders
18 SBA 7(a) loans financed acquisitions classified as Other Commercial Equipment Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 18
- Total approved
- $21.5M
- Median loan
- $596K
- Middle half of loans
- $228K to $1.0M
- Median starting rate
- 9.12%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 5 | 28% | $575K | $6.7M |
| 2 | The Huntington National Bank | 4 | 22% | $442K | $2.8M |
| 3 | Beacon Bank and Trust | 2 | 11% | $4.1M | $8.2M |
| 4 | First Internet Bank of Indiana | 2 | 11% | $518K | $1.0M |
| 5 | First Resource Bank | 1 | 6% | $1.1M | $1.1M |
| 6 | GBank | 1 | 6% | $614K | $614K |
| 7 | Preferred Bank | 1 | 6% | $578K | $578K |
| 8 | Gulf Coast Bank and Trust Company | 1 | 6% | $374K | $374K |
| 9 | State Bank of Southern Utah | 1 | 6% | $180K | $180K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Minnesota | 3 | $931K | $2.5M |
| Vermont | 2 | $4.1M | $8.2M |
| Michigan | 2 | $942K | $1.9M |
| Wisconsin | 2 | $518K | $1.0M |
| Texas | 2 | $494K | $988K |
| Pennsylvania | 2 | $442K | $883K |
| Colorado | 2 | $338K | $675K |
| Florida | 1 | $4.6M | $4.6M |
| California | 1 | $578K | $578K |
| Utah | 1 | $180K | $180K |