SBA Loans for Specialty Retail Stores
11,465 SBA loans have funded specialty retail stores nationwide, averaging $171K across 1,095 active SBA lenders, at an average note rate of 6.6%. SBA 7(a) loans up to $5M fund buying a specialty retail business and inventory and store fixtures; SBA 504 loans cover owner occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and sources capital for a specialty retail store.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 453998), 2000 to present.
11,465
SBA Loans Funded
$171K
Average Loan
6.6%
Avg Note Rate
8 yrs
Avg Term
1,095
Active Lenders
22.4%
Charge Off Rate (resolved loan basis)
What specialty retail stores use SBA loans for
Where specialty retail stores get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 1,262 | $310.5M |
| Texas | 902 | $165.8M |
| Florida | 668 | $112.6M |
| New York | 641 | $83.5M |
| Ohio | 556 | $68.0M |
Talk to PeerSense about SBA capital for a specialty retail store.
Tell us your loan amount and use of funds. PeerSense sources capital for a specialty retail store, anywhere in the US.
SBA 7(a) / 504, Specialty Retail Stores: The desk will reach out. No obligation.
How specialty retail stores qualify for an SBA loan
SBA 7(a) loans are the most common path for specialty retail stores financing buying a specialty retail business. 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 11,465 loans on record across 1,095 lenders and a 22.4% historical charge off rate, specialty retail stores 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 sources capital through a curated network, then stays with you through closing.