Specialized Freight (except Used Goods) Trucking, Long-Distance: SBA acquisition lenders
11 SBA 7(a) loans financed acquisitions classified as Specialized Freight (except Used Goods) Trucking, Long-Distance nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 11
- Total approved
- $21.2M
- Median loan
- $1.3M
- Middle half of loans
- $535K to $3.3M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Fidelity Bank | 3 | 27% | $1.3M | $3.2M |
| 2 | Pathward National Association | 2 | 18% | $2.2M | $4.5M |
| 3 | American Momentum Bank | 2 | 18% | $1.7M | $3.4M |
| 4 | Fulton Bank, National Association | 1 | 9% | $4.7M | $4.7M |
| 5 | Banc of California | 1 | 9% | $3.5M | $3.5M |
| 6 | Newtek Bank, National Association | 1 | 9% | $1.2M | $1.2M |
| 7 | Zions Bancorporation, National Association | 1 | 9% | $820K | $820K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Louisiana | 2 | $2.2M | $4.5M |
| Georgia | 2 | $1.7M | $3.4M |
| South Carolina | 2 | $947K | $1.9M |
| Pennsylvania | 1 | $4.7M | $4.7M |
| Florida | 1 | $3.5M | $3.5M |
| North Carolina | 1 | $1.3M | $1.3M |
| Ohio | 1 | $1.2M | $1.2M |
| Utah | 1 | $820K | $820K |