How Much Can Other Direct Insurance (except Life, Health, and Medical) Carriers Businesses Get in SBA Loans?
358 SBA loans totaling $27.6M have been approved for other direct insurance (except life, health, and medical) carriers businesses (NAICS 524128). The average approved SBA loan is $77K, which is 77% below avg the $340K national average. 69 active lenders fund this industry with a 33.3% default rate on the matured 2018-2021 loan cohort.
At 33.3%, Other Direct Insurance (except Life, Health, and Medical) Carriers sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated 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 524128 (Other Direct Insurance (except Life, Health, and Medical) Carriers) received 358 SBA loans worth $27.6M across 5+ states. Average loan $77K, average term 78 months, 33.3% default rate (resolved-loan basis).69 active SBA-approved lenders fund this industry. Most other direct insurance (except life, health, and medical) carriers loans use the SBA 7(a) program. There are approximately 586 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Other Direct Insurance (except Life, Health, and Medical) Carriers?-33% decline
Which SBA Program Do Other Direct Insurance (except Life, Health, and Medical) Carriers Businesses Use Most?
What Is the Best SBA Loan for Other Direct Insurance (except Life, Health, and Medical) Carriers?
The most widely used SBA program for other direct insurance (except life, health, and medical) carriers businesses — flexible terms, multiple use cases
Where Are Other Direct Insurance (except Life, Health, and Medical) Carriers SBA Loans Most Common?
Top SBA Lenders for Other Direct Insurance (except Life, Health, and Medical) Carriers
These banks have funded the most SBA loans for other direct insurance (except life, health, and medical) carriers businesses (NAICS 524128). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of Hope(CA) | 181 | $2.4M |
| 2 | Federal Deposit Insurance Corporation(DC) | 24 | $220K |
| 3 | Bank of America, National Association(NC) | 20 | $939K |
| 4 | U.S. Bank, National Association(OH) | 14 | $5.4M |
| 5 | Wells Fargo Bank National Association(SD) | 13 | $486K |
Other Direct Insurance (except Life, Health, and Medical) Carriers Industry Context
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PeerSense places SBA loans for other direct insurance (except life, health, and medical) carriers 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 Other Direct Insurance (except Life, Health, and Medical) Carriers Businesses?
Across all SBA loan programs, 358 loans have been approved for businesses classified under NAICS 524128 (Other Direct Insurance (except Life, Health, and Medical) Carriers), representing $27.6M in total capital deployed. The average approved loan of $77K is 77% below avg the national SBA average of $340K, with typical repayment terms of 78 months.
SBA lending for other direct insurance (except life, health, and medical) carriers has contracted approximately 33% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 69 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for other direct insurance (except life, health, and medical) carriers uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.
PeerSense specializes in matching other direct insurance (except life, health, and medical) carriers 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 Direct Insurance (except Life, Health, and Medical) Carriers SBA Loans
What is the average SBA loan size for other direct insurance (except life, health, and medical) carriers businesses?
Which SBA loan program is best for a other direct insurance (except life, health, and medical) carriers business?
How many lenders fund SBA loans for other direct insurance (except life, health, and medical) carriers?
What states have the most SBA lending for other direct insurance (except life, health, and medical) carriers?
How does PeerSense help other direct insurance (except life, health, and medical) carriers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Other Direct Insurance (except Life, Health, and Medical) Carriers defined by NAICS code 524128. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.