How Much Can Automobile and Other Motor Vehicle Merchant Wholesalers Businesses Get in SBA Loans?
1,342 SBA loans totaling $691.4M have been approved for automobile and other motor vehicle merchant wholesalers businesses (NAICS 423110). The average approved SBA loan is $515K, which is 51% above avg the $340K national average. 313 active lenders fund this industry with a 17.5% default rate on the matured 2018-2021 loan cohort.
At 17.5%, Automobile and Other Motor Vehicle Merchant Wholesalers sits above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), above average default risk relative to other SBA industries. The capital source prices this risk into rate and structure.
NAICS 423110 (Automobile and Other Motor Vehicle Merchant Wholesalers) received 1,342 SBA loans worth $691.4M across 5+ states. Average loan $515K, average term 136 months, 17.5% default rate (resolved loan basis).313 active SBA approved lenders fund this industry. Most automobile and other motor vehicle merchant wholesalers loans use the SBA 504 program. There are approximately 6,047 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Automobile and Other Motor Vehicle Merchant Wholesalers?
Which SBA Program Do Automobile and Other Motor Vehicle Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Automobile and Other Motor Vehicle Merchant Wholesalers?
16% of automobile and other motor vehicle merchant wholesalers loans use this program, ideal for real estate and major equipment purchases
Where Are Automobile and Other Motor Vehicle Merchant Wholesalers SBA Loans Most Common?
SBA Lending Activity in Automobile and Other Motor Vehicle Merchant Wholesalers
313 SBA lenders have funded 1,342 loans to automobile and other motor vehicle merchant wholesalers businesses (NAICS 423110). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.
Automobile and Other Motor Vehicle Merchant Wholesalers Industry Context
Talk to PeerSense
PeerSense sources capital for automobile and other motor vehicle merchant wholesalers businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Automobile and Other Motor Vehicle Merchant Wholesalers business.
Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.
SBA 7(a) / 504: PeerSense will reach out. No obligation.
How Does SBA Lending Work for Automobile and Other Motor Vehicle Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,342 loans have been approved for businesses classified under NAICS 423110 (Automobile and Other Motor Vehicle Merchant Wholesalers), representing $691.4M in total capital deployed. The average approved loan of $515K is 51% above avg the national SBA average of $340K, with typical repayment terms of 136 months.
SBA lending for automobile and other motor vehicle merchant wholesalers has remained relatively stable across recent fiscal years. 313 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The industry sees a balanced mix of SBA programs, with 16% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
Talk to PeerSense about a automobile and other motor vehicle merchant wholesalers file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Automobile and Other Motor Vehicle Merchant Wholesalers SBA Loans
What is the average SBA loan size for automobile and other motor vehicle merchant wholesalers businesses?
Which SBA loan program is best for a automobile and other motor vehicle merchant wholesalers business?
How many lenders fund SBA loans for automobile and other motor vehicle merchant wholesalers?
What states have the most SBA lending for automobile and other motor vehicle merchant wholesalers?
How does PeerSense help automobile and other motor vehicle merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992 to 2025). Automobile and Other Motor Vehicle Merchant Wholesalers defined by NAICS code 423110. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.