How Much Can Third Party Administration of Insurance and Pension Funds Businesses Get in SBA Loans?
262 SBA loans totaling $115.0M have been approved for third party administration of insurance and pension funds businesses (NAICS 524292). The average approved SBA loan is $439K, which is 29% above avg the $340K national average. 127 active lenders fund this industry with a 9.1% default rate on the matured 2018-2021 loan cohort.
At 9.1%, Third Party Administration of Insurance and Pension Funds 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.
NAICS 524292 (Third Party Administration of Insurance and Pension Funds) received 262 SBA loans worth $115.0M across 5+ states. Average loan $439K, average term 118 months, 9.1% default rate (resolved-loan basis).127 active SBA-approved lenders fund this industry. Most third party administration of insurance and pension funds loans use the SBA 7(a) program. There are approximately 7,693 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Third Party Administration of Insurance and Pension Funds?-30% decline
Which SBA Program Do Third Party Administration of Insurance and Pension Funds Businesses Use Most?
What Is the Best SBA Loan for Third Party Administration of Insurance and Pension Funds?
The most widely used SBA program for third party administration of insurance and pension funds businesses — flexible terms, multiple use cases
Where Are Third Party Administration of Insurance and Pension Funds SBA Loans Most Common?
Top SBA Lenders for Third Party Administration of Insurance and Pension Funds
These banks have funded the most SBA loans for third party administration of insurance and pension funds businesses (NAICS 524292). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 16 | $5.7M |
| 2 | Citizens Bank, National Association(RI) | 14 | $535K |
| 3 | Manufacturers and Traders Trust Company(NY) | 9 | $695K |
| 4 | KeyBank National Association(OH) | 8 | $7.9M |
| 5 | U.S. Bank, National Association(OH) | 7 | $931K |
Third Party Administration of Insurance and Pension Funds Industry Context
Ready to Fund Your Third Party Administration of Insurance and Pension Funds Business?
PeerSense places SBA loans for third party administration of insurance and pension funds 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 Third Party Administration of Insurance and Pension Funds Businesses?
Across all SBA loan programs, 262 loans have been approved for businesses classified under NAICS 524292 (Third Party Administration of Insurance and Pension Funds), representing $115.0M in total capital deployed. The average approved loan of $439K is 29% above avg the national SBA average of $340K, with typical repayment terms of 118 months.
SBA lending for third party administration of insurance and pension funds has contracted approximately 30% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 127 lenders remain active, maintaining competitive options for qualified borrowers.
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 third party administration of insurance and pension funds 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 — Third Party Administration of Insurance and Pension Funds SBA Loans
What is the average SBA loan size for third party administration of insurance and pension funds businesses?
Which SBA loan program is best for a third party administration of insurance and pension funds business?
How many lenders fund SBA loans for third party administration of insurance and pension funds?
What states have the most SBA lending for third party administration of insurance and pension funds?
How does PeerSense help third party administration of insurance and pension funds businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Third Party Administration of Insurance and Pension Funds defined by NAICS code 524292. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.