How Much Can Motor Vehicle Towing Businesses Get in SBA Loans?
3,281 SBA loans totaling $985.4M have been approved for motor vehicle towing businesses (NAICS 488410). The average approved SBA loan is $300K, which is 12% below avg the $340K national average. 583 active lenders fund this industry with a 15.8% default rate on the matured 2018-2021 loan cohort.
At 15.8%, Motor Vehicle Towing 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 488410 (Motor Vehicle Towing) received 3,281 SBA loans worth $985.4M across 5+ states. Average loan $300K, average term 132 months, 15.8% default rate (resolved-loan basis).583 active SBA-approved lenders fund this industry. Most motor vehicle towing loans use the SBA 7(a) program.
Is SBA Lending Growing for Motor Vehicle Towing?+11% growth
Which SBA Program Do Motor Vehicle Towing Businesses Use Most?
What Is the Best SBA Loan for Motor Vehicle Towing?
The most widely used SBA program for motor vehicle towing businesses: flexible terms, multiple use cases
Where Are Motor Vehicle Towing SBA Loans Most Common?
SBA Lending Activity in Motor Vehicle Towing
583 SBA lenders have funded 3,281 loans to motor vehicle towing businesses (NAICS 488410). 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.
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PeerSense places SBA loans for motor vehicle towing businesses nationwide. We match you with the right capital source. Referral fee at closing.
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How Does SBA Lending Work for Motor Vehicle Towing Businesses?
Across all SBA loan programs, 3,281 loans have been approved for businesses classified under NAICS 488410 (Motor Vehicle Towing), representing $985.4M in total capital deployed. The average approved loan of $300K is 12% below avg the national SBA average of $340K, with typical repayment terms of 132 months.
SBA lending for motor vehicle towing is accelerating. Loan volume has grown approximately 11% 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 11% 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 motor vehicle towing 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.
Frequently Asked Questions: Motor Vehicle Towing SBA Loans
What is the average SBA loan size for motor vehicle towing businesses?
Which SBA loan program is best for a motor vehicle towing business?
How many lenders fund SBA loans for motor vehicle towing?
What states have the most SBA lending for motor vehicle towing?
How does PeerSense help motor vehicle towing businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Motor Vehicle Towing defined by NAICS code 488410. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.