What is the SBA loan default rate for Consumer Lending?

25 lenders actively fund Consumer Lending. A reliable default rate is shown only for industries with a large enough matured loan cohort; this one is below that threshold, so we do not publish a figure that would mislead.

Which SBA program is best for Consumer Lending?

The SBA 7(a) program is the most commonly used for Consumer Lending businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 522291Finance & Insurance

How Much Can Consumer Lending Businesses Get in SBA Loans?

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38 SBA loans totaling $9.9M have been approved for consumer lending businesses (NAICS 522291). The average approved SBA loan is $261K, which is 23% below avg the $340K national average. 25 active lenders fund this industry.

Quick Answer

NAICS 522291 (Consumer Lending) received 38 SBA loans worth $9.9M across 5+ states. Average loan $261K, average term 121 months.25 active SBA approved lenders fund this industry. Most consumer lending loans use the SBA 7(a) program. There are approximately 13,845 U.S. establishments in this industry (Census 2022).

Total SBA Loans

$9.9M

Total Volume

$261K

Avg Loan Size

23% below avg

Active Lenders

121 mo

Avg Term

7% below avg

448

Jobs Supported

Is SBA Lending Growing for Consumer Lending?-50% decline

$300K

$335K

$4.7M

$250K

$330K

$128K

Which SBA Program Do Consumer Lending Businesses Use Most?

SBA 7(a)35 (92%)

SBA 5043 (8%)

What Is the Best SBA Loan for Consumer Lending?

SBA 7(a)

The most widely used SBA program for consumer lending businesses: flexible terms, multiple use cases

Industry avg loan: $261K

Typical term: 121 months

Historical avg rate: 7.32%

25+ lenders active in this industry

Where Are Consumer Lending SBA Loans Most Common?

8 loans

$4.7M

3 loans

$290K

3 loans

$160K

2 loans

$162K

2 loans

$450K

SBA Lending Activity in Consumer Lending

25 SBA lenders have funded 38 loans to consumer lending businesses (NAICS 522291). 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.

Loans funded

Active lenders

Total volume

$9.9M

Avg loan size

$261K

Browse all SBA lenders

Consumer Lending Industry Context

U.S. Establishments

13,845

U.S. Census Bureau · 2022

SBA Penetration

0.27%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for consumer lending businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Consumer Lending 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 big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Consumer Lending Businesses?

Across all SBA loan programs, 38 loans have been approved for businesses classified under NAICS 522291 (Consumer Lending), representing $9.9M in total capital deployed. The average approved loan of $261K is 23% below avg the national SBA average of $340K, with typical repayment terms of 121 months.

SBA lending for consumer lending has contracted approximately 50% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 25 lenders remain active, maintaining competitive options for qualified borrowers.

The industry sees a balanced mix of SBA programs, with 8% 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 consumer lending file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Consumer Lending SBA Loans

What is the average SBA loan size for consumer lending businesses?

Based on 38 approved SBA loans, the average loan size for consumer lending (NAICS 522291) is $261K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a consumer lending business?

SBA 7(a) is the most commonly used SBA program for consumer lending businesses. The most widely used SBA program for consumer lending businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for consumer lending?

25 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a consumer lending file.

What states have the most SBA lending for consumer lending?

CA leads with 8 SBA loans and $4.7M in total volume for consumer lending businesses. MI, TX, AZ also show strong lending activity in this sector.

How does PeerSense help consumer lending businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a consumer lending file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

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Portfolio Management and Investment Advice

Portfolio Management

Data aggregated from SBA loan records (1992 to 2025). Consumer Lending defined by NAICS code 522291. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.