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NAICS 532420Real Estate

How Much Can Office Machinery and Equipment Rental and Leasing Businesses Get in SBA Loans?

429 SBA loans totaling $195.1M have been approved for office machinery and equipment rental and leasing businesses (NAICS 532420). The average approved SBA loan is $455K, which is 34% above avg the $340K national average. 193 active lenders fund this industry with a 12.1% default rate on the matured 2018-2021 loan cohort.

Moderate default risk12.1% vs 15.4% all-industry avg

At 12.1%, Office Machinery and Equipment Rental and Leasing sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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.

Quick Answer

NAICS 532420 (Office Machinery and Equipment Rental and Leasing) received 429 SBA loans worth $195.1M across 5+ states. Average loan $455K, average term 118 months, 12.1% default rate (resolved-loan basis).193 active SBA-approved lenders fund this industry. Most office machinery and equipment rental and leasing loans use the SBA 7(a) program. There are approximately 687 U.S. establishments in this industry (Census 2022).

429
Total SBA Loans
$195.1M
Total Volume
$455K
Avg Loan Size
34% above avg
193
Active Lenders
118 mo
Avg Term
9% below avg
4,394
Jobs Supported

Is SBA Lending Growing for Office Machinery and Equipment Rental and Leasing?

15
8
11
9
11
9
8
10
10
11
16
17
18
19
20
21
22
23
24
25
$6.8M
$8.6M
$5.4M
$5.9M
$11.2M
$9.9M
$4.0M
$8.3M
$11.2M
$6.9M

Which SBA Program Do Office Machinery and Equipment Rental and Leasing Businesses Use Most?

SBA 7(a)379 (88%)
SBA 50450 (12%)

What Is the Best SBA Loan for Office Machinery and Equipment Rental and Leasing?

SBA 7(a)

The most widely used SBA program for office machinery and equipment rental and leasing businesses — flexible terms, multiple use cases

Industry avg loan: $455K
Typical term: 118 months
Historical avg rate: 6.93%
193+ lenders active in this industry
Default rate (2018–21 matured cohort): 12.1%

Where Are Office Machinery and Equipment Rental and Leasing SBA Loans Most Common?

#1
CA
83 loans
$51.7M
#2
FL
40 loans
$15.8M
#3
TX
23 loans
$12.1M
#4
PA
21 loans
$7.6M
#5
MA
21 loans
$4.8M

Top SBA Lenders for Office Machinery and Equipment Rental and Leasing

These banks have funded the most SBA loans for office machinery and equipment rental and leasing businesses (NAICS 532420). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)32$13.7M
2Bank of America, National Association(NC)25$3.5M
3Manufacturers and Traders Trust Company(NY)14$2.4M
4Citizens Bank, National Association(RI)12$1.4M
5U.S. Bank, National Association(OH)11$11.2M

Office Machinery and Equipment Rental and Leasing Industry Context

U.S. Establishments
687
U.S. Census Bureau · 2022
SBA Penetration
62.45%
SBA loans per establishment

Ready to Fund Your Office Machinery and Equipment Rental and Leasing Business?

PeerSense places SBA loans for office machinery and equipment rental and leasing businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Office Machinery and Equipment Rental and Leasing business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Office Machinery and Equipment Rental and Leasing Businesses?

Across all SBA loan programs, 429 loans have been approved for businesses classified under NAICS 532420 (Office Machinery and Equipment Rental and Leasing), representing $195.1M in total capital deployed. The average approved loan of $455K is 34% above avg the national SBA average of $340K, with typical repayment terms of 118 months.

SBA lending for office machinery and equipment rental and leasing has remained relatively stable across recent fiscal years. 193 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The industry sees a balanced mix of SBA programs, with 12% 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 office machinery and equipment rental and leasing 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 — Office Machinery and Equipment Rental and Leasing SBA Loans

What is the average SBA loan size for office machinery and equipment rental and leasing businesses?
Based on 429 approved SBA loans, the average loan size for office machinery and equipment rental and leasing (NAICS 532420) is $455K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a office machinery and equipment rental and leasing business?
SBA 7(a) is the most commonly used SBA program for office machinery and equipment rental and leasing businesses. The most widely used SBA program for office machinery and equipment rental and leasing businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for office machinery and equipment rental and leasing?
193 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the office machinery and equipment rental and leasing sector.
What states have the most SBA lending for office machinery and equipment rental and leasing?
CA leads with 83 SBA loans and $51.7M in total volume for office machinery and equipment rental and leasing businesses. FL, TX, PA also show strong lending activity in this sector.
How does PeerSense help office machinery and equipment rental and leasing businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the office machinery and equipment rental and leasing industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Office Machinery and Equipment Rental and Leasing defined by NAICS code 532420. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.