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NAICS 532284Real EstateLending Growing

How Much Can Recreational Goods Rental Businesses Get in SBA Loans?

412 SBA loans totaling $124.0M have been approved for recreational goods rental businesses (NAICS 532284). The average approved SBA loan is $301K, which is 12% below avg the $340K national average. 154 active lenders fund this industry with a 5.7% default rate on the matured 2018-2021 loan cohort.

Low default risk5.7% vs 15.4% all-industry avg

At 5.7%, Recreational Goods Rental sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low 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 532284 (Recreational Goods Rental) received 412 SBA loans worth $124.0M across 5+ states. Average loan $301K, average term 128 months, 5.7% default rate (resolved-loan basis).154 active SBA-approved lenders fund this industry. Most recreational goods rental loans use the SBA 7(a) program. There are approximately 2,924 U.S. establishments in this industry (Census 2022).

412
Total SBA Loans
$124.0M
Total Volume
$301K
Avg Loan Size
12% below avg
154
Active Lenders
128 mo
Avg Term
near national avg
2,947
Jobs Supported

Is SBA Lending Growing for Recreational Goods Rental?+26% growth

1
25
22
42
31
41
50
57
62
72
16
17
18
19
20
21
22
23
24
25
$566K
$4.5M
$5.4M
$9.0M
$7.7M
$15.8M
$17.4M
$16.4M
$20.8M
$21.4M

Which SBA Program Do Recreational Goods Rental Businesses Use Most?

SBA 7(a)388 (94%)
SBA 50424 (6%)

What Is the Best SBA Loan for Recreational Goods Rental?

SBA 7(a)

The most widely used SBA program for recreational goods rental businesses — flexible terms, multiple use cases

Industry avg loan: $301K
Typical term: 128 months
Historical avg rate: 8.73%
154+ lenders active in this industry
Default rate (2018–21 matured cohort): 5.7%

Where Are Recreational Goods Rental SBA Loans Most Common?

#1
FL
60 loans
$20.3M
#2
OH
30 loans
$4.2M
#3
CA
28 loans
$20.1M
#4
WA
26 loans
$3.6M
#5
TX
22 loans
$6.4M

Top SBA Lenders for Recreational Goods Rental

These banks have funded the most SBA loans for recreational goods rental businesses (NAICS 532284). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)28$2.5M
2The Huntington National Bank(OH)24$1.2M
3Newtek Bank, National Association(FL)19$4.0M
4Northwest Bank(ID)17$1.9M
5TD Bank, National Association(DE)13$1.6M

Recreational Goods Rental Industry Context

U.S. Establishments
2,924
U.S. Census Bureau · 2022
SBA Penetration
14.09%
SBA loans per establishment

Ready to Fund Your Recreational Goods Rental Business?

PeerSense places SBA loans for recreational goods rental 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 Recreational Goods Rental 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 Recreational Goods Rental Businesses?

Across all SBA loan programs, 412 loans have been approved for businesses classified under NAICS 532284 (Recreational Goods Rental), representing $124.0M in total capital deployed. The average approved loan of $301K is 12% below avg the national SBA average of $340K, with typical repayment terms of 128 months.

SBA lending for recreational goods rental is accelerating — loan volume has grown approximately 26% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The industry sees a balanced mix of SBA programs, with 6% 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 recreational goods rental 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 — Recreational Goods Rental SBA Loans

What is the average SBA loan size for recreational goods rental businesses?
Based on 412 approved SBA loans, the average loan size for recreational goods rental (NAICS 532284) is $301K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a recreational goods rental business?
SBA 7(a) is the most commonly used SBA program for recreational goods rental businesses. The most widely used SBA program for recreational goods rental businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for recreational goods rental?
154 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 recreational goods rental sector.
What states have the most SBA lending for recreational goods rental?
FL leads with 60 SBA loans and $20.3M in total volume for recreational goods rental businesses. OH, CA, WA also show strong lending activity in this sector.
How does PeerSense help recreational goods rental 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 recreational goods rental industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Recreational Goods Rental defined by NAICS code 532284. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.