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NAICS 532490Real EstateLending Growing

How Much Can Other Commercial and Industrial Machinery and Equipment Rental and Lea Businesses Get in SBA Loans?

2,334 SBA loans totaling $1.1B have been approved for other commercial and industrial machinery and equipment rental and lea businesses (NAICS 532490). The average approved SBA loan is $487K, which is 43% above avg the $340K national average. 489 active lenders fund this industry with a 9.9% default rate on the matured 2018-2021 loan cohort.

Low default risk9.9% vs 15.4% all-industry avg

At 9.9%, Other Commercial and Industrial Machinery and Equipment Rental and Lea 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

Quick Answer

NAICS 532490 (Other Commercial and Industrial Machinery and Equipment Rental and Lea) received 2,334 SBA loans worth $1.1B across 5+ states. Average loan $487K, average term 122 months, 9.9% default rate (resolved-loan basis).489 active SBA-approved lenders fund this industry. Most other commercial and industrial machinery and equipment rental and lea loans use the SBA 7(a) program. There are approximately 9,599 U.S. establishments in this industry (Census 2022).

2,334
Total SBA Loans
$1.1B
Total Volume
$487K
Avg Loan Size
43% above avg
489
Active Lenders
122 mo
Avg Term
6% below avg
20,732
Jobs Supported

Is SBA Lending Growing for Other Commercial and Industrial Machinery and Equipment Rental and Lea?+36% growth

105
86
105
82
53
88
75
78
86
106
16
17
18
19
20
21
22
23
24
25
$83.9M
$52.7M
$69.9M
$53.7M
$43.7M
$94.4M
$49.8M
$47.9M
$45.9M
$56.3M

Which SBA Program Do Other Commercial and Industrial Machinery and Equipment Rental and Lea Businesses Use Most?

SBA 7(a)2,062 (88%)
SBA 504272 (12%)

What Is the Best SBA Loan for Other Commercial and Industrial Machinery and Equipment Rental and Lea?

SBA 7(a)

The most widely used SBA program for other commercial and industrial machinery and equipment rental and lea businesses — flexible terms, multiple use cases

Industry avg loan: $487K
Typical term: 122 months
Historical avg rate: 7.09%
489+ lenders active in this industry
Default rate (2018–21 matured cohort): 9.9%

Where Are Other Commercial and Industrial Machinery and Equipment Rental and Lea SBA Loans Most Common?

#1
CA
459 loans
$273.5M
#2
TX
193 loans
$130.6M
#3
FL
134 loans
$73.6M
#4
NY
108 loans
$35.6M
#5
OH
99 loans
$39.4M

Top SBA Lenders for Other Commercial and Industrial Machinery and Equipment Rental and Lea

These banks have funded the most SBA loans for other commercial and industrial machinery and equipment rental and lea businesses (NAICS 532490). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)138$56.8M
2U.S. Bank, National Association(OH)97$23.4M
3Bank of America, National Association(NC)84$15.5M
4JPMorgan Chase Bank, National Association(OH)84$15.7M
5Citizens Bank, National Association(RI)72$7.9M

Other Commercial and Industrial Machinery and Equipment Rental and Lea Industry Context

U.S. Establishments
9,599
U.S. Census Bureau · 2022
SBA Penetration
24.32%
SBA loans per establishment

Ready to Fund Your Other Commercial and Industrial Machinery and Equipment Rental and Lea Business?

PeerSense places SBA loans for other commercial and industrial machinery and equipment rental and lea 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 Other Commercial and Industrial Machinery and Equipment Rental and Lea 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 Other Commercial and Industrial Machinery and Equipment Rental and Lea Businesses?

Across all SBA loan programs, 2,334 loans have been approved for businesses classified under NAICS 532490 (Other Commercial and Industrial Machinery and Equipment Rental and Lea), representing $1.1B in total capital deployed. The average approved loan of $487K is 43% above avg the national SBA average of $340K, with typical repayment terms of 122 months.

SBA lending for other commercial and industrial machinery and equipment rental and lea is accelerating — loan volume has grown approximately 36% 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 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 other commercial and industrial machinery and equipment rental and lea 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 — Other Commercial and Industrial Machinery and Equipment Rental and Lea SBA Loans

What is the average SBA loan size for other commercial and industrial machinery and equipment rental and lea businesses?
Based on 2,334 approved SBA loans, the average loan size for other commercial and industrial machinery and equipment rental and lea (NAICS 532490) is $487K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a other commercial and industrial machinery and equipment rental and lea business?
SBA 7(a) is the most commonly used SBA program for other commercial and industrial machinery and equipment rental and lea businesses. The most widely used SBA program for other commercial and industrial machinery and equipment rental and lea businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for other commercial and industrial machinery and equipment rental and lea?
489 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 other commercial and industrial machinery and equipment rental and lea sector.
What states have the most SBA lending for other commercial and industrial machinery and equipment rental and lea?
CA leads with 459 SBA loans and $273.5M in total volume for other commercial and industrial machinery and equipment rental and lea businesses. TX, FL, NY also show strong lending activity in this sector.
How does PeerSense help other commercial and industrial machinery and equipment rental and lea 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 other commercial and industrial machinery and equipment rental and lea industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Other Commercial and Industrial Machinery and Equipment Rental and Lea defined by NAICS code 532490. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.