What is the SBA loan default rate for Securities Brokerage?

At 6.2%, Securities Brokerage 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. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 145 lenders actively fund this industry.

Which SBA program is best for Securities Brokerage?

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

NAICS 523120Finance & Insurance

How Much Can Securities Brokerage Businesses Get in SBA Loans?

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Address: Westfield, Westfield, IN, 46074, US
Telephone: +13174526990
Price range: Referral fee at closing

327 SBA loans totaling $154.2M have been approved for securities brokerage businesses (NAICS 523120). The average approved SBA loan is $471K, which is 38% above avg the $340K national average. 145 active lenders fund this industry with a 6.2% default rate on the matured 2018-2021 loan cohort.

Low default risk6.2% vs 15.4% all industry avg

At 6.2%, Securities Brokerage 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. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 523120 (Securities Brokerage) received 327 SBA loans worth $154.2M across 5+ states. Average loan $471K, average term 151 months, 6.2% default rate (resolved loan basis).145 active SBA approved lenders fund this industry. Most securities brokerage loans use the SBA 7(a) program. There are approximately 23,043 U.S. establishments in this industry (Census 2022).

327

Total SBA Loans

$154.2M

Total Volume

$471K

Avg Loan Size

38% above avg

145

Active Lenders

151 mo

Avg Term

16% above avg

1,984

Jobs Supported

Is SBA Lending Growing for Securities Brokerage?-92% decline

$8.5M

$14.8M

$18.5M

$11.6M

$22.7M

$16.6M

$9.9M

$1.5M

Which SBA Program Do Securities Brokerage Businesses Use Most?

SBA 7(a)255 (78%)

SBA 50472 (22%)

What Is the Best SBA Loan for Securities Brokerage?

SBA 7(a)

The most widely used SBA program for securities brokerage businesses: flexible terms, multiple use cases

Industry avg loan: $471K

Typical term: 151 months

Historical avg rate: 6.13%

145+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 6.2%

Where Are Securities Brokerage SBA Loans Most Common?

51 loans

$23.8M

21 loans

$6.0M

21 loans

$12.3M

17 loans

$3.4M

16 loans

$4.0M

SBA Lending Activity in Securities Brokerage

145 SBA lenders have funded 327 loans to securities brokerage businesses (NAICS 523120). 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

327

Active lenders

145

Total volume

$154.2M

Avg loan size

$471K

Browse all SBA lenders

Securities Brokerage Industry Context

U.S. Establishments

23,043

U.S. Census Bureau · 2022

U.S. Employment

9,166,000

BLS · 2026

SBA Penetration

1.42%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for securities brokerage 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 Securities Brokerage 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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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Securities Brokerage Businesses?

Across all SBA loan programs, 327 loans have been approved for businesses classified under NAICS 523120 (Securities Brokerage), representing $154.2M in total capital deployed. The average approved loan of $471K is 38% above avg the national SBA average of $340K, with typical repayment terms of 151 months.

SBA lending for securities brokerage has contracted approximately 92% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 145 lenders remain active, maintaining competitive options for qualified borrowers.

Notably, 22% of SBA loans in this industry use the 504 program (well above the national average), indicating that securities brokerage businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below market fixed rates and only 10% down from the borrower.

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

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Frequently Asked Questions: Securities Brokerage SBA Loans

What is the average SBA loan size for securities brokerage businesses?

Based on 327 approved SBA loans, the average loan size for securities brokerage (NAICS 523120) is $471K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a securities brokerage business?

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

How many lenders fund SBA loans for securities brokerage?

145 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 securities brokerage file.

What states have the most SBA lending for securities brokerage?

CA leads with 51 SBA loans and $23.8M in total volume for securities brokerage businesses. OH, NY, MN also show strong lending activity in this sector.

How does PeerSense help securities brokerage businesses get SBA loans?

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

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Data aggregated from SBA loan records (1992 to 2025). Securities Brokerage defined by NAICS code 523120. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.