Recreational Goods Rental: SBA acquisition lenders
15 recorded SBA 7(a) acquisition approvals for Recreational Goods Rental, FY2024–FY2026. Median approved loan: $350K. See lenders and activity by state.
- Acquisitions financed
- 15
- Total approved
- $10.8M
- Median loan
- $350K
- Middle half of loans
- $223K to $874K
- Median starting rate
- 10.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | VelocitySBA, LLC | 3 | 20% | $677K | $3.4M |
| 2 | Newtek Bank, National Association | 2 | 13% | $170K | $340K |
| 3 | Manufacturers and Traders Trust Company | 2 | 13% | $139K | $278K |
| 4 | First Bank of the Lake | 1 | 7% | $2.2M | $2.2M |
| 5 | Pathward National Association | 1 | 7% | $1.9M | $1.9M |
| 6 | Northwest Bank | 1 | 7% | $900K | $900K |
| 7 | Prosperity Bank | 1 | 7% | $848K | $848K |
| 8 | GBank | 1 | 7% | $350K | $350K |
| 9 | Michigan Certified Development Corporation | 1 | 7% | $260K | $260K |
| 10 | Arvest Bank | 1 | 7% | $243K | $243K |
| 11 | Centris Federal Credit Union | 1 | 7% | $124K | $124K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 3 | $420K | $1.2M |
| Colorado | 2 | $2.3M | $4.5M |
| Connecticut | 2 | $139K | $278K |
| Virginia | 1 | $1.9M | $1.9M |
| Utah | 1 | $900K | $900K |
| Texas | 1 | $848K | $848K |
| North Carolina | 1 | $350K | $350K |
| Nevada | 1 | $286K | $286K |
| Michigan | 1 | $260K | $260K |
| Oklahoma | 1 | $243K | $243K |
| Nebraska | 1 | $124K | $124K |