How Much Can Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler Businesses Get in SBA Loans?
1,995 SBA loans totaling $533.3M have been approved for jewelry, watch, precious stone, and precious metal merchant wholesaler businesses (NAICS 423940). The average approved SBA loan is $267K, which is 21% below avg the $340K national average. 247 active lenders fund this industry with a 27.4% default rate on the matured 2018-2021 loan cohort.
At 27.4%, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler 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 capital source prices this risk into rate and structure.
NAICS 423940 (Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler) received 1,995 SBA loans worth $533.3M across 5+ states. Average loan $267K, average term 103 months, 27.4% default rate (resolved loan basis).247 active SBA approved lenders fund this industry. Most jewelry, watch, precious stone, and precious metal merchant wholesaler loans use the SBA 7(a) program.
Is SBA Lending Growing for Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler?+22% growth
Which SBA Program Do Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler Businesses Use Most?
What Is the Best SBA Loan for Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler?
The most widely used SBA program for jewelry, watch, precious stone, and precious metal merchant wholesaler businesses: flexible terms, multiple use cases
Where Are Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler SBA Loans Most Common?
SBA Lending Activity in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler
247 SBA lenders have funded 1,995 loans to jewelry, watch, precious stone, and precious metal merchant wholesaler businesses (NAICS 423940). 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.
Talk to PeerSense
PeerSense sources capital for jewelry, watch, precious stone, and precious metal merchant wholesaler businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler 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 Does SBA Lending Work for Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler Businesses?
Across all SBA loan programs, 1,995 loans have been approved for businesses classified under NAICS 423940 (Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler), representing $533.3M in total capital deployed. The average approved loan of $267K is 21% below avg the national SBA average of $340K, with typical repayment terms of 103 months.
SBA lending for jewelry, watch, precious stone, and precious metal merchant wholesaler is accelerating. Loan volume has grown approximately 22% 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 5% 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 jewelry, watch, precious stone, and precious metal merchant wholesaler file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler SBA Loans
What is the average SBA loan size for jewelry, watch, precious stone, and precious metal merchant wholesaler businesses?
Which SBA loan program is best for a jewelry, watch, precious stone, and precious metal merchant wholesaler business?
How many lenders fund SBA loans for jewelry, watch, precious stone, and precious metal merchant wholesaler?
What states have the most SBA lending for jewelry, watch, precious stone, and precious metal merchant wholesaler?
How does PeerSense help jewelry, watch, precious stone, and precious metal merchant wholesaler businesses get SBA loans?
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Data aggregated from SBA loan records (1992 to 2025). Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler defined by NAICS code 423940. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.