What is the SBA loan default rate for Recreational Goods Rental?

At 14.1%, Recreational Goods Rental 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. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 186 lenders actively fund this industry.

Which SBA program is best for Recreational Goods Rental?

The SBA 7(a) program is the most commonly used for Recreational Goods Rental businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 532292Real EstateLending Growing

How Much Can Recreational Goods Rental Businesses Get in SBA Loans?

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593 SBA loans totaling $87.7M have been approved for recreational goods rental businesses (NAICS 532292). The average approved SBA loan is $148K, which is 57% below avg the $340K national average. 186 active lenders fund this industry with a 14.1% default rate on the matured 2018-2021 loan cohort.

Moderate default risk14.1% vs 15.4% all industry avg

At 14.1%, Recreational Goods Rental 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. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 532292 (Recreational Goods Rental) received 593 SBA loans worth $87.7M across 5+ states. Average loan $148K, average term 92 months, 14.1% default rate (resolved loan basis).186 active SBA approved lenders fund this industry. Most recreational goods rental loans use the SBA 7(a) program. There are approximately 466,656 U.S. establishments in this industry (Census 2022).

593

Total SBA Loans

$87.7M

Total Volume

$148K

Avg Loan Size

57% below avg

186

Active Lenders

92 mo

Avg Term

29% below avg

3,527

Jobs Supported

Is SBA Lending Growing for Recreational Goods Rental?+100% growth

$5.1M

$5.7M

$3.3M

$150K

$40K

$250K

$425K

Which SBA Program Do Recreational Goods Rental Businesses Use Most?

SBA 7(a)581 (98%)

SBA 50412 (2%)

What Is the Best SBA Loan for Recreational Goods Rental?

SBA 7(a)

The most widely used SBA program for recreational goods rental businesses: flexible terms, multiple use cases

Industry avg loan: $148K

Typical term: 92 months

Historical avg rate: 6.59%

186+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 14.1%

Where Are Recreational Goods Rental SBA Loans Most Common?

60 loans

$14.2M

54 loans

$6.3M

50 loans

$5.9M

42 loans

$5.5M

24 loans

$3.5M

SBA Lending Activity in Recreational Goods Rental

186 SBA lenders have funded 593 loans to recreational goods rental businesses (NAICS 532292). 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.

Loans funded

593

Active lenders

186

Total volume

$87.7M

Avg loan size

$148K

Browse all SBA lenders

Recreational Goods Rental Industry Context

U.S. Establishments

466,656

U.S. Census Bureau · 2022

SBA Penetration

0.13%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for recreational goods rental businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Recreational Goods Rental 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 big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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How Does SBA Lending Work for Recreational Goods Rental Businesses?

Across all SBA loan programs, 593 loans have been approved for businesses classified under NAICS 532292 (Recreational Goods Rental), representing $87.7M in total capital deployed. The average approved loan of $148K is 57% below avg the national SBA average of $340K, with typical repayment terms of 92 months.

SBA lending for recreational goods rental is accelerating. Loan volume has grown approximately 100% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The overwhelming majority of SBA lending for recreational goods rental 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.

Talk to PeerSense about a recreational goods rental file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Recreational Goods Rental SBA Loans

What is the average SBA loan size for recreational goods rental businesses?

Based on 593 approved SBA loans, the average loan size for recreational goods rental (NAICS 532292) is $148K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a recreational goods rental business?

SBA 7(a) is the most commonly used SBA program for recreational goods rental businesses. The most widely used SBA program for recreational goods rental businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for recreational goods rental?

186 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a recreational goods rental file.

What states have the most SBA lending for recreational goods rental?

CA leads with 60 SBA loans and $14.2M in total volume for recreational goods rental businesses. UT, FL, MI also show strong lending activity in this sector.

How does PeerSense help recreational goods rental businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a recreational goods rental file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Real Estate Industries

Offices of Real Estate Agents and Brokers

9,591 loans · N/A

Avg: $214K

Lessors of Nonresidential Buildings (except Miniwarehouses)

4,412 loans · N/A

Avg: $755K

Residential Property Managers

3,789 loans · N/A

Avg: $213K

Lessors of Miniwarehouses and Self-Storage Units

3,534 loans · N/A

Avg: $1.2M

Other Activities Related to Real Estate

3,323 loans · N/A

Avg: $339K

Other Commercial and Industrial Machinery and Equipment Rental and Lea

2,334 loans · N/A

Avg: $487K

Data aggregated from SBA loan records (1992 to 2025). Recreational Goods Rental defined by NAICS code 532292. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.