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. The capital source prices this risk into rate and structure.
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?
SBA Lending Activity in Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal
441 SBA lenders have funded 3,188 loans to medical, dental, and hospital equipment and supplies merchant wholesal businesses (NAICS 423450). 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 medical, dental, and hospital equipment and supplies merchant wholesal 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 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal 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 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.
Talk to PeerSense about a medical, dental, and hospital equipment and supplies merchant wholesal file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
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?
Related Wholesale Trade Industries
Other Miscellaneous Durable Goods Merchant Wholesalers
Other Miscellaneous Nondurable Goods Merchant Wholesalers
Other Grocery and Related Products Merchant Wholesalers
Industrial Machinery and Equipment Merchant Wholesalers
Women's, Children's, and Infants' Clothing and Accessories Merchant Wh
Sporting and Recreational Goods and Supplies Merchant Wholesalers
Data aggregated from SBA loan records (1992 to 2025). Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal defined by NAICS code 423450. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.