How much do SBA lenders typically lend to a freight transportation arrangement business?

The median SBA approval in NAICS 488510 is $150,000, with the middle 80% of loans between $20,000 and $1,153,000. Across all industries the median is $180,000.

Which lenders are most active in freight transportation arrangement?

By dollars approved: JPMorgan Chase Bank, Wells Fargo Bank, The Huntington National Bank, Florida Business Development Corporation, Business Finance Capital. 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 freight transportation arrangement considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.7% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 488510 · Transportation

SBA loans for freight transportation arrangement

2,161 SBA loans worth $915.0M have been approved in this industry since FY2010 - the #110 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$20K-$1.2M

Middle 80%

Median rate

7.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

9.7%

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
JPMorgan Chase Bank	186	$39.2M
Wells Fargo Bank	195	$37.6M
The Huntington National Bank	225	$29.5M
Florida Business Development Corporation	27	$27.5M
Business Finance Capital	8	$23.2M
CDC Small Business Finance Corp.	18	$21.9M
Florida First Capital Finance Corporation, Inc.	18	$20.9M
Bank of Hope	65	$19.7M
U.S. Bank	63	$18.2M
Live Oak Banking Company	10	$18.0M

Geography

Where these loans were made

State	Loans	Share
California	402
Florida	269
Texas	199
Ohio	161
New York	130
Illinois	112
Georgia	73
New Jersey	73

Approvals by fiscal year

’10

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
26%
$50K - $150K
24%
$150K - $350K
21%
$350K - $1M
17%
$1M - $2M
7%
Over $2M
5%

Nearby

Other transportation industries

See the sector

General Freight Trucking, Long-Distance, Truckload16,409 · $53,000 General Freight Trucking, Local13,654 · $50,900 Specialized Freight (except Used Goods) Trucking, Local3,193 · $65,000 Motor Vehicle Towing2,100 · $130,000 Specialized Freight (except Used Goods) Trucking, Long-Distance1,604 · $55,750 Used Household and Office Goods Moving1,498 · $150,000 Limousine Service1,190 · $50,000 General Freight Trucking, Long-Distance, Less Than Truckload963 · $50,000

Common questions

How much do SBA lenders typically lend to a freight transportation arrangement business?: The median SBA approval in NAICS 488510 is $150,000, with the middle 80% of loans between $20,000 and $1,153,000. Across all industries the median is $180,000.
Which lenders are most active in freight transportation arrangement?: By dollars approved: JPMorgan Chase Bank, Wells Fargo Bank, The Huntington National Bank, Florida Business Development Corporation, Business Finance Capital. 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 freight transportation arrangement considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.7% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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