How Much Can Veterinary Services Businesses Get in SBA Loans?
14,610 SBA loans totaling $9.0B have been approved for veterinary services businesses (NAICS 541940). The average approved SBA loan is $616K, which is 81% above avg the $340K national average. 1121 active lenders fund this industry with a 4.1% default rate on the matured 2018-2021 loan cohort.
At 4.1%, Veterinary Services 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.
NAICS 541940 (Veterinary Services) received 14,610 SBA loans worth $9.0B across 5+ states. Average loan $616K, average term 193 months, 4.1% default rate (resolved loan basis).1121 active SBA approved lenders fund this industry. Most veterinary services loans use the SBA 504 program.
Is SBA Lending Growing for Veterinary Services?+70% growth
Which SBA Program Do Veterinary Services Businesses Use Most?
What Is the Best SBA Loan for Veterinary Services?
16% of veterinary services loans use this program, ideal for real estate and major equipment purchases
Where Are Veterinary Services SBA Loans Most Common?
SBA Lending Activity in Veterinary Services
1,121 SBA lenders have funded 14,610 loans to veterinary services businesses (NAICS 541940). 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.
Veterinary Services Industry Context
Talk to PeerSense
PeerSense sources capital for veterinary services businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Veterinary Services 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 Does SBA Lending Work for Veterinary Services Businesses?
Across all SBA loan programs, 14,610 loans have been approved for businesses classified under NAICS 541940 (Veterinary Services), representing $9.0B in total capital deployed. The average approved loan of $616K is 81% above avg the national SBA average of $340K, with typical repayment terms of 193 months.
SBA lending for veterinary services is accelerating. Loan volume has grown approximately 70% 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 industry sees a balanced mix of SBA programs, with 16% 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.
Talk to PeerSense about a veterinary services file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Veterinary Services SBA Loans
What is the average SBA loan size for veterinary services businesses?
Which SBA loan program is best for a veterinary services business?
How many lenders fund SBA loans for veterinary services?
What states have the most SBA lending for veterinary services?
How does PeerSense help veterinary services businesses get SBA loans?
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Data aggregated from SBA loan records (1992 to 2025). Veterinary Services defined by NAICS code 541940. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.