Which SBA program is best for Lessors of Nonresidential Buildings (except Miniwarehouses)?

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

NAICS 531120Real Estate

How Much Can Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses Get in SBA Loans?

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4,412 SBA loans totaling $3.3B have been approved for lessors of nonresidential buildings (except miniwarehouses) businesses (NAICS 531120). The average approved SBA loan is $755K, which is 122% above avg the $340K national average. 853 active lenders fund this industry with a 6.5% default rate on the matured 2018-2021 loan cohort.

Low default risk6.5% vs 15.4% all industry avg

At 6.5%, Lessors of Nonresidential Buildings (except Miniwarehouses) 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. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)) received 4,412 SBA loans worth $3.3B across 5+ states. Average loan $755K, average term 232 months, 6.5% default rate (resolved loan basis).853 active SBA approved lenders fund this industry. Most lessors of nonresidential buildings (except miniwarehouses) loans use the SBA 7(a) program.

4,412

Total SBA Loans

$3.3B

Total Volume

$755K

Avg Loan Size

122% above avg

853

Active Lenders

232 mo

Avg Term

78% above avg

46,828

Jobs Supported

Is SBA Lending Growing for Lessors of Nonresidential Buildings (except Miniwarehouses)?-97% decline

296

207

211

190

154

329

221

190

$238.8M

$148.3M

$177.9M

$176.2M

$153.3M

$341.8M

$217.8M

$213.4M

$45.6M

$1.3M

Which SBA Program Do Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses Use Most?

SBA 7(a)4,076 (92%)

SBA 504336 (8%)

What Is the Best SBA Loan for Lessors of Nonresidential Buildings (except Miniwarehouses)?

SBA 7(a)

The most widely used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses: flexible terms, multiple use cases

Industry avg loan: $755K

Typical term: 232 months

Historical avg rate: 5.84%

853+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 6.5%

Where Are Lessors of Nonresidential Buildings (except Miniwarehouses) SBA Loans Most Common?

524 loans

$568.3M

291 loans

$296.6M

212 loans

$110.5M

207 loans

$125.2M

173 loans

$117.3M

SBA Lending Activity in Lessors of Nonresidential Buildings (except Miniwarehouses)

853 SBA lenders have funded 4,412 loans to lessors of nonresidential buildings (except miniwarehouses) businesses (NAICS 531120). 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.

Loans funded

4,412

Active lenders

853

Total volume

$3.3B

Avg loan size

$755K

Browse all SBA lenders

Lessors of Nonresidential Buildings (except Miniwarehouses) Industry Context

U.S. Employment

9,166,000

BLS · 2026

Talk to PeerSense

PeerSense sources capital for lessors of nonresidential buildings (except miniwarehouses) businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Lessors of Nonresidential Buildings (except Miniwarehouses) 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 big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses?

Across all SBA loan programs, 4,412 loans have been approved for businesses classified under NAICS 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)), representing $3.3B in total capital deployed. The average approved loan of $755K is 122% above avg the national SBA average of $340K, with typical repayment terms of 232 months.

SBA lending for lessors of nonresidential buildings (except miniwarehouses) has contracted approximately 97% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 853 lenders remain active, maintaining competitive options for qualified borrowers.

The industry sees a balanced mix of SBA programs, with 8% 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 lessors of nonresidential buildings (except miniwarehouses) file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Lessors of Nonresidential Buildings (except Miniwarehouses) SBA Loans

What is the average SBA loan size for lessors of nonresidential buildings (except miniwarehouses) businesses?

Based on 4,412 approved SBA loans, the average loan size for lessors of nonresidential buildings (except miniwarehouses) (NAICS 531120) is $755K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a lessors of nonresidential buildings (except miniwarehouses) business?

SBA 7(a) is the most commonly used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses. The most widely used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for lessors of nonresidential buildings (except miniwarehouses)?

853 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a lessors of nonresidential buildings (except miniwarehouses) file.

What states have the most SBA lending for lessors of nonresidential buildings (except miniwarehouses)?

CA leads with 524 SBA loans and $568.3M in total volume for lessors of nonresidential buildings (except miniwarehouses) businesses. TX, WI, NY also show strong lending activity in this sector.

How does PeerSense help lessors of nonresidential buildings (except miniwarehouses) businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a lessors of nonresidential buildings (except miniwarehouses) file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Real Estate Industries

Offices of Real Estate Agents and Brokers

9,591 loans · N/A

Avg: $214K

Residential Property Managers

3,789 loans · N/A

Avg: $213K

Lessors of Miniwarehouses and Self-Storage Units

3,534 loans · N/A

Avg: $1.2M

Other Activities Related to Real Estate

3,323 loans · N/A

Avg: $339K

Other Commercial and Industrial Machinery and Equipment Rental and Lea

2,334 loans · N/A

Avg: $487K

Video Tape and Disc Rental

1,990 loans · N/A

Avg: $111K

Data aggregated from SBA loan records (1992 to 2025). Lessors of Nonresidential Buildings (except Miniwarehouses) defined by NAICS code 531120. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.