How Much Can Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal Businesses Get in SBA Loans?
3,188 SBA loans totaling $1.0B have been approved for medical, dental, and hospital equipment and supplies merchant wholesal businesses (NAICS 423450). The average approved SBA loan is $327K, which is 4% below avg the $340K national average. 441 active lenders fund this industry with a 19.1% default rate on the matured 2018-2021 loan cohort.
At 19.1%, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 423450 (Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal) received 3,188 SBA loans worth $1.0B across 5+ states. Average loan $327K, average term 108 months, 19.1% default rate (resolved-loan basis).441 active SBA-approved lenders fund this industry. Most medical, dental, and hospital equipment and supplies merchant wholesal loans use the SBA 7(a) program.
Is SBA Lending Growing for Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal?+16% growth
Which SBA Program Do Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal Businesses Use Most?
What Is the Best SBA Loan for Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal?
The most widely used SBA program for medical, dental, and hospital equipment and supplies merchant wholesal businesses — flexible terms, multiple use cases
Where Are Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal SBA Loans Most Common?
Top SBA Lenders for Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal
These banks have funded the most SBA loans for medical, dental, and hospital equipment and supplies merchant wholesal businesses (NAICS 423450). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 245 | $39.2M |
| 2 | Bank of America, National Association(NC) | 242 | $26.7M |
| 3 | Wells Fargo Bank National Association(SD) | 229 | $65.9M |
| 4 | PNC Bank, National Association(DE) | 113 | $19.8M |
| 5 | Citizens Bank, National Association(RI) | 113 | $7.8M |
Ready to Fund Your Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal Business?
PeerSense places SBA loans for medical, dental, and hospital equipment and supplies merchant wholesal 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 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal Businesses?
Across all SBA loan programs, 3,188 loans have been approved for businesses classified under NAICS 423450 (Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal), representing $1.0B in total capital deployed. The average approved loan of $327K is 4% below avg the national SBA average of $340K, with typical repayment terms of 108 months.
SBA lending for medical, dental, and hospital equipment and supplies merchant wholesal is accelerating — loan volume has grown approximately 16% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 7% 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 medical, dental, and hospital equipment and supplies merchant wholesal 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 — Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal SBA Loans
What is the average SBA loan size for medical, dental, and hospital equipment and supplies merchant wholesal businesses?
Which SBA loan program is best for a medical, dental, and hospital equipment and supplies merchant wholesal business?
How many lenders fund SBA loans for medical, dental, and hospital equipment and supplies merchant wholesal?
What states have the most SBA lending for medical, dental, and hospital equipment and supplies merchant wholesal?
How does PeerSense help medical, dental, and hospital equipment and supplies merchant wholesal businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal defined by NAICS code 423450. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.