Best SBA 7(a) lenders for transportation equipment and supplies (except motor vehicle) merchant
NAICS 423860 — Transportation Equipment and Supplies (except Motor Vehicle) Merchant .
168 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $141.7M.
Loans
168
Total $
$141.7M
Avg loan
$844K
Avg rate
8.79%
Avg term
102 mo
Industry chg-off rate
1.22%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | 21 | $1.4M | $66K | 10.79% | — |
| 2 | TD Bank, National Association | 16 | $14.3M | $893K | 8.67% | 0.00% |
| 3 | JPMorgan Chase Bank, National Association | 8 | $2.3M | $284K | 9.98% | 0.00% |
| 4 | GBC International Bank | 7 | $5.1M | $729K | 7.07% | 0.00% |
| 5 | Bank of America, National Association | 7 | $9.4M | $1.3M | 6.99% | 0.00% |
| 6 | Synovus Bank | 5 | $15.0M | $3.0M | 5.50% | 0.00% |
| 7 | Citibank, N.A. | 5 | $17.0M | $3.4M | 4.05% | 0.00% |
| 8 | Wells Fargo Bank National Association | 4 | $50K | $13K | 10.56% | 0.00% |
| 9 | The Huntington National Bank | 4 | $1.0M | $254K | 8.63% | 0.00% |
| 10 | Celtic Bank Corporation | 4 | $381K | $95K | 10.81% | 25.00% |
| 11 | First State Bank Nebraska | 4 | $4.5M | $1.1M | 6.79% | 0.00% |
| 12 | Cadence Bank | 3 | $374K | $125K | 7.58% | 0.00% |
| 13 | Capital Bank, National Association | 3 | $1.3M | $419K | 9.17% | 0.00% |
| 14 | KeyBank National Association | 3 | $50K | $17K | 10.42% | 0.00% |
| 15 | Manufacturers and Traders Trust Company | 3 | $74K | $25K | 13.17% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423860. Charge-off rates are calculated on the FY2020–FY2023 cohort only.