How Much Can Direct Life Insurance Carriers Businesses Get in SBA Loans?
163 SBA loans totaling $16.3M have been approved for direct life insurance carriers businesses (NAICS 524113). The average approved SBA loan is $100K, which is 71% below avg the $340K national average. 57 active lenders fund this industry with a 17.7% default rate on the matured 2018-2021 loan cohort.
At 17.7%, Direct Life Insurance Carriers 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 524113 (Direct Life Insurance Carriers) received 163 SBA loans worth $16.3M across 5+ states. Average loan $100K, average term 87 months, 17.7% default rate (resolved-loan basis).57 active SBA-approved lenders fund this industry. Most direct life insurance carriers loans use the SBA 7(a) program. There are approximately 6,414 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Direct Life Insurance Carriers?
Which SBA Program Do Direct Life Insurance Carriers Businesses Use Most?
What Is the Best SBA Loan for Direct Life Insurance Carriers?
The most widely used SBA program for direct life insurance carriers businesses — flexible terms, multiple use cases
Where Are Direct Life Insurance Carriers SBA Loans Most Common?
Top SBA Lenders for Direct Life Insurance Carriers
These banks have funded the most SBA loans for direct life insurance carriers businesses (NAICS 524113). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 23 | $791K |
| 2 | Capital One, National Association(VA) | 19 | $800K |
| 3 | PNC Bank, National Association(DE) | 18 | $600K |
| 4 | Manufacturers and Traders Trust Company(NY) | 11 | $604K |
| 5 | Bank of America, National Association(NC) | 7 | $265K |
Direct Life Insurance Carriers Industry Context
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How Does SBA Lending Work for Direct Life Insurance Carriers Businesses?
Across all SBA loan programs, 163 loans have been approved for businesses classified under NAICS 524113 (Direct Life Insurance Carriers), representing $16.3M in total capital deployed. The average approved loan of $100K is 71% below avg the national SBA average of $340K, with typical repayment terms of 87 months.
SBA lending for direct life insurance carriers has remained relatively stable across recent fiscal years. 57 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The overwhelming majority of SBA lending for direct life insurance carriers uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.
PeerSense specializes in matching direct life insurance carriers 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 — Direct Life Insurance Carriers SBA Loans
What is the average SBA loan size for direct life insurance carriers businesses?
Which SBA loan program is best for a direct life insurance carriers business?
How many lenders fund SBA loans for direct life insurance carriers?
What states have the most SBA lending for direct life insurance carriers?
How does PeerSense help direct life insurance carriers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Direct Life Insurance Carriers defined by NAICS code 524113. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.