How much do SBA lenders typically lend to a other commercial equipment merchant wholesalers business?

The median SBA approval in NAICS 423440 is $250,000, with the middle 80% of loans between $25,000 and $1,625,000. Across all industries the median is $180,000.

Which lenders are most active in other commercial equipment merchant wholesalers?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, Byline Bank, CDC Small Business Finance Corp., Metro City Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is other commercial equipment merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 423440 · Wholesale

SBA loans for other commercial equipment merchant wholesalers

679 SBA loans worth $407.9M have been approved in this industry since FY2010 - the #276 most-financed NAICS code in the country.

Median loan

$250,000

+39% vs all industries

Typical range

$25K-$1.6M

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.8%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Wells Fargo Bank	40	$20.7M
The Huntington National Bank	46	$15.5M
Byline Bank	10	$14.0M
CDC Small Business Finance Corp.	11	$12.5M
Metro City Bank	5	$10.7M
Empire State Certified Development Corporation	4	$10.3M
Firstrust Savings Bank	2	$9.7M
Live Oak Banking Company	6	$9.0M
Beacon Bank and Trust	6	$8.8M
Newtek Small Business Finance, Inc.	5	$8.1M

Geography

Where these loans were made

State	Loans	Share
California	91
Florida	65
Texas	42
New York	41
Illinois	37
Michigan	36
Ohio	34
Georgia	25

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

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’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
15%
$50K - $150K
21%
$150K - $350K
21%
$350K - $1M
26%
$1M - $2M
9%
Over $2M
8%

Nearby

Other wholesale industries

See the sector

Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000 Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000 Other Grocery and Related Products Merchant Wholesalers2,289 · $150,000 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,953 · $150,000 Industrial Machinery and Equipment Merchant Wholesalers1,918 · $300,000 Sporting and Recreational Goods and Supplies Merchant Wholesalers1,706 · $191,750 Wholesale Trade Agents and Brokers1,547 · $180,000 Recyclable Material Merchant Wholesalers1,450 · $350,000

Common questions

How much do SBA lenders typically lend to a other commercial equipment merchant wholesalers business?: The median SBA approval in NAICS 423440 is $250,000, with the middle 80% of loans between $25,000 and $1,625,000. Across all industries the median is $180,000.
Which lenders are most active in other commercial equipment merchant wholesalers?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, Byline Bank, CDC Small Business Finance Corp., Metro City Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is other commercial equipment merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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