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NAICS 561440Administrative & Support ServicesLending Growing

How Much Can Collection Agencies Businesses Get in SBA Loans?

1,037 SBA loans totaling $309.2M have been approved for collection agencies businesses (NAICS 561440). The average approved SBA loan is $298K, which is 12% below avg the $340K national average. 278 active lenders fund this industry with a 20.2% default rate on the matured 2018-2021 loan cohort.

Elevated default risk20.2% vs 15.4% all-industry avg

At 20.2%, Collection Agencies sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

Quick Answer

NAICS 561440 (Collection Agencies) received 1,037 SBA loans worth $309.2M across 5+ states. Average loan $298K, average term 112 months, 20.2% default rate (resolved-loan basis).278 active SBA-approved lenders fund this industry. Most collection agencies loans use the SBA 7(a) program. There are approximately 3,092 U.S. establishments in this industry (Census 2022).

1,037
Total SBA Loans
$309.2M
Total Volume
$298K
Avg Loan Size
12% below avg
278
Active Lenders
112 mo
Avg Term
14% below avg
15,936
Jobs Supported

Is SBA Lending Growing for Collection Agencies?+133% growth

22
16
15
13
8
12
9
6
16
14
16
17
18
19
20
21
22
23
24
25
$9.8M
$9.6M
$10.9M
$9.3M
$8.8M
$12.3M
$4.8M
$5.6M
$18.4M
$6.1M

Which SBA Program Do Collection Agencies Businesses Use Most?

SBA 7(a)927 (89%)
SBA 504110 (11%)

What Is the Best SBA Loan for Collection Agencies?

SBA 7(a)

The most widely used SBA program for collection agencies businesses — flexible terms, multiple use cases

Industry avg loan: $298K
Typical term: 112 months
Historical avg rate: 6.79%
278+ lenders active in this industry
Default rate (2018–21 matured cohort): 20.2%

Where Are Collection Agencies SBA Loans Most Common?

#1
CA
143 loans
$60.3M
#2
NY
99 loans
$26.4M
#3
TX
62 loans
$18.2M
#4
OH
56 loans
$35.0M
#5
IL
50 loans
$7.7M

Top SBA Lenders for Collection Agencies

These banks have funded the most SBA loans for collection agencies businesses (NAICS 561440). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)80$23.3M
2U.S. Bank, National Association(OH)61$19.3M
3Bank of America, National Association(NC)55$4.1M
4JPMorgan Chase Bank, National Association(OH)47$3.7M
5Capital One, National Association(VA)36$1.8M

Collection Agencies Industry Context

U.S. Establishments
3,092
U.S. Census Bureau · 2022
SBA Penetration
33.54%
SBA loans per establishment

Ready to Fund Your Collection Agencies Business?

PeerSense places SBA loans for collection agencies businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Collection Agencies business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Collection Agencies Businesses?

Across all SBA loan programs, 1,037 loans have been approved for businesses classified under NAICS 561440 (Collection Agencies), representing $309.2M in total capital deployed. The average approved loan of $298K is 12% below avg the national SBA average of $340K, with typical repayment terms of 112 months.

SBA lending for collection agencies is accelerating — loan volume has grown approximately 133% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The industry sees a balanced mix of SBA programs, with 11% 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.

PeerSense specializes in matching collection agencies business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Collection Agencies SBA Loans

What is the average SBA loan size for collection agencies businesses?
Based on 1,037 approved SBA loans, the average loan size for collection agencies (NAICS 561440) is $298K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a collection agencies business?
SBA 7(a) is the most commonly used SBA program for collection agencies businesses. The most widely used SBA program for collection agencies businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for collection agencies?
278 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the collection agencies sector.
What states have the most SBA lending for collection agencies?
CA leads with 143 SBA loans and $60.3M in total volume for collection agencies businesses. NY, TX, OH also show strong lending activity in this sector.
How does PeerSense help collection agencies businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the collection agencies industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Collection Agencies defined by NAICS code 561440. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.