What is the SBA loan default rate for Florists?

At 20.8%, Florists 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. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 946 lenders actively fund this industry.

Which SBA program is best for Florists?

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

NAICS 453110Retail Trade

How Much Can Florists Businesses Get in SBA Loans?

Name: Florists SBA Loan Performance Data (NAICS 453110)
Creator: PeerSense
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5,805 SBA loans totaling $663.1M have been approved for florists businesses (NAICS 453110). The average approved SBA loan is $114K, which is 66% below avg the $340K national average. 946 active lenders fund this industry with a 20.8% default rate on the matured 2018-2021 loan cohort.

Elevated default risk20.8% vs 15.4% all-industry avg

At 20.8%, Florists 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 453110 (Florists) received 5,805 SBA loans worth $663.1M across 5+ states. Average loan $114K, average term 111 months, 20.8% default rate (resolved-loan basis).946 active SBA-approved lenders fund this industry. Most florists loans use the SBA 7(a) program.

5,805

Total SBA Loans

$663.1M

Total Volume

$114K

Avg Loan Size

66% below avg

946

Active Lenders

111 mo

Avg Term

15% below avg

21,850

Jobs Supported

Is SBA Lending Growing for Florists?-83% decline

119

111

$17.8M

$22.9M

$16.7M

$16.3M

$18.8M

$28.3M

$19.5M

$1.6M

$65K

$325K

Which SBA Program Do Florists Businesses Use Most?

SBA 7(a)5,539 (95%)

SBA 504266 (5%)

What Is the Best SBA Loan for Florists?

SBA 7(a)

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

Industry avg loan: $114K

Typical term: 111 months

Historical avg rate: 6.56%

946+ lenders active in this industry

Default rate (2018–21 matured cohort): 20.8%

Where Are Florists SBA Loans Most Common?

527 loans

$82.8M

385 loans

$58.7M

358 loans

$31.4M

318 loans

$29.7M

260 loans

$25.6M

Top SBA Lenders for Florists

These banks have funded the most SBA loans for florists businesses (NAICS 453110). PeerSense routes deals to lenders with proven appetite in your industry.

#	Lender	Loans	Volume
1	Bank of America, National Association(NC)	407	$18.4M
2	Wells Fargo Bank National Association(SD)	330	$44.6M
3	Citizens Bank, National Association(RI)	265	$8.5M
4	PNC Bank, National Association(DE)	226	$19.1M
5	U.S. Bank, National Association(OH)	213	$30.3M

Browse all SBA lenders Best SBA lenders 2026

Florists Industry Context

U.S. Employment

28,615,000

BLS · 2026

Ready to Fund Your Florists Business?

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

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Find My Loan Program Schedule Free Consultation

Financing a Florists 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.

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How Does SBA Lending Work for Florists Businesses?

Across all SBA loan programs, 5,805 loans have been approved for businesses classified under NAICS 453110 (Florists), representing $663.1M in total capital deployed. The average approved loan of $114K is 66% below avg the national SBA average of $340K, with typical repayment terms of 111 months.

SBA lending for florists has contracted approximately 83% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 946 lenders remain active, maintaining competitive options for qualified borrowers.

The overwhelming majority of SBA lending for florists 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 florists 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.

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Frequently Asked Questions — Florists SBA Loans

What is the average SBA loan size for florists businesses?

Based on 5,805 approved SBA loans, the average loan size for florists (NAICS 453110) is $114K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a florists business?

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

How many lenders fund SBA loans for florists?

946 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 florists sector.

What states have the most SBA lending for florists?

CA leads with 527 SBA loans and $82.8M in total volume for florists businesses. TX, NY, PA also show strong lending activity in this sector.

How does PeerSense help florists 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 florists industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Related Retail Trade Industries

All Other Miscellaneous Store Retailers (except Tobacco Stores)

11,465 loans · N/A

Avg: $171K

Sporting Goods Stores

10,775 loans · N/A

Avg: $198K

Gift, Novelty, and Souvenir Stores

8,713 loans · N/A

Avg: $117K

All Other General Merchandise Stores

4,265 loans · N/A

Avg: $154K

Other Direct Selling Establishments

3,977 loans · N/A

Avg: $287K

Vending Machine Operators

3,725 loans · N/A

Avg: $176K

Data aggregated from SBA loan records (1992–2025). Florists defined by NAICS code 453110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.