SBA Loans for Law Firms
20,452 SBA loans have funded law firms nationwide, averaging $250K across 1,151 active SBA lenders, at an average note rate of 7.4%. SBA 7(a) loans up to $5M fund partner buy-ins and law-firm acquisitions and working capital between contingency settlements; SBA 504 loans cover owner-occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and matches you to the lender most likely to fund a law firm.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 541110), 2000 to present.
20,452
SBA Loans Funded
$250K
Average Loan
7.4%
Avg Note Rate
12 yrs
Avg Term
1,151
Active Lenders
8.3%
Charge-Off Rate (resolved-loan basis)
What law firms use SBA loans for
Where law firms get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 3,911 | $1.6B |
| Florida | 1,542 | $450.6M |
| New York | 1,439 | $266.8M |
| Texas | 1,417 | $378.2M |
| Massachusetts | 1,225 | $106.9M |
SBA lenders active with law firms
Ranked by real SBA funding activity in California, the top state for law firms. PeerSense routes your deal to the lender most likely to approve and price it. You work with us, not a call list.
Get matched to an SBA lender for a law firm.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a law firm, anywhere in the US.
SBA 7(a) / 504, Law Firms: Response within 24–48 hours. No obligation.
How law firms qualify for an SBA loan
SBA 7(a) loans are the most common path for law firms financing partner buy-ins and law-firm acquisitions. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner-occupied real estate and heavy equipment, typically at 10% down.
With 20,452 loans on record across 1,151 lenders and a 8.3% historical charge-off rate, law firms are a well-understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and routes your deal to the lender most likely to approve and price it, then stays with you through closing.