How Much Can Electronic Auctions Businesses Get in SBA Loans?
170 SBA loans totaling $23.4M have been approved for electronic auctions businesses (NAICS 454112). The average approved SBA loan is $137K, which is 60% below avg the $340K national average. 58 active lenders fund this industry with a 27.1% default rate on the matured 2018-2021 loan cohort.
At 27.1%, Electronic Auctions 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.
NAICS 454112 (Electronic Auctions) received 170 SBA loans worth $23.4M across 5+ states. Average loan $137K, average term 100 months, 27.1% default rate (resolved-loan basis).58 active SBA-approved lenders fund this industry. Most electronic auctions loans use the SBA 7(a) program.
Is SBA Lending Growing for Electronic Auctions?-50% decline
Which SBA Program Do Electronic Auctions Businesses Use Most?
What Is the Best SBA Loan for Electronic Auctions?
The most widely used SBA program for electronic auctions businesses — flexible terms, multiple use cases
Where Are Electronic Auctions SBA Loans Most Common?
Top SBA Lenders for Electronic Auctions
These banks have funded the most SBA loans for electronic auctions businesses (NAICS 454112). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | VelocitySBA, LLC(TX) | 44 | $325K |
| 2 | U.S. Bank, National Association(OH) | 13 | $2.3M |
| 3 | Wells Fargo Bank National Association(SD) | 11 | $360K |
| 4 | TD Bank, National Association(DE) | 9 | $1.0M |
| 5 | Bank of America, National Association(NC) | 7 | $144K |
Ready to Fund Your Electronic Auctions Business?
PeerSense places SBA loans for electronic auctions businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Electronic Auctions Businesses?
Across all SBA loan programs, 170 loans have been approved for businesses classified under NAICS 454112 (Electronic Auctions), representing $23.4M in total capital deployed. The average approved loan of $137K is 60% below avg the national SBA average of $340K, with typical repayment terms of 100 months.
SBA lending for electronic auctions 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, 58 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for electronic auctions 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 electronic auctions 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 — Electronic Auctions SBA Loans
What is the average SBA loan size for electronic auctions businesses?
Which SBA loan program is best for a electronic auctions business?
How many lenders fund SBA loans for electronic auctions?
What states have the most SBA lending for electronic auctions?
How does PeerSense help electronic auctions businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Electronic Auctions defined by NAICS code 454112. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.