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NAICS 532292Real EstateLending Growing

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

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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

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

39
12
10
4
1
1
4
2
16
17
18
19
20
21
23
24
$5.1M
$5.7M
$3.3M
$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 (2018–21 matured cohort): 14.1%

Where Are Recreational Goods Rental SBA Loans Most Common?

#1
CA
60 loans
$14.2M
#2
UT
54 loans
$6.3M
#3
FL
50 loans
$5.9M
#4
MI
42 loans
$5.5M
#5
TX
24 loans
$3.5M

Top SBA Lenders for Recreational Goods Rental

These banks have funded the most SBA loans for recreational goods rental businesses (NAICS 532292). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)43$4.0M
2Bank of America, National Association(NC)35$1.1M
3The Huntington National Bank(OH)27$1.0M
4Zions Bank, A Division of(UT)25$2.5M
5JPMorgan Chase Bank, National Association(OH)24$3.4M

Recreational Goods Rental Industry Context

U.S. Establishments
466,656
U.S. Census Bureau · 2022
SBA Penetration
0.13%
SBA loans per establishment

Ready to Fund Your Recreational Goods Rental Business?

PeerSense places SBA loans for recreational goods rental 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 Recreational Goods Rental 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 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.

PeerSense specializes in matching recreational goods rental 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 — 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 — PeerSense matches your deal with lenders who have experience and appetite in the recreational goods rental sector.
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 — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the recreational goods rental industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Recreational Goods Rental defined by NAICS code 532292. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.