Specialized Freight (except Used Goods) Trucking, Local: SBA acquisition lenders
10 recorded SBA 7(a) acquisition approvals for Specialized Freight (except Used Goods) Trucking, Local, FY2024–FY2026. Median approved loan: $1.5M. See lenders and activity by state.
- Acquisitions financed
- 10
- Total approved
- $13.9M
- Median loan
- $1.5M
- Middle half of loans
- $442K to $2.0M
- Median starting rate
- 9.75%
- 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 | 3 | 30% | $1.4M | $4.1M |
| 2 | The Huntington National Bank | 3 | 30% | $1.6M | $4.1M |
| 3 | First Internet Bank of Indiana | 2 | 20% | $880K | $1.8M |
| 4 | Ixonia Bank | 1 | 10% | $3.3M | $3.3M |
| 5 | Evolve Bank and Trust | 1 | 10% | $719K | $719K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| North Carolina | 3 | $1.4M | $4.1M |
| West Virginia | 2 | $1.2M | $2.5M |
| New York | 2 | $880K | $1.8M |
| Wisconsin | 1 | $3.3M | $3.3M |
| Georgia | 1 | $1.6M | $1.6M |
| Utah | 1 | $719K | $719K |