How much do SBA lenders typically lend to a lessors of other real estate property business?

The median SBA approval in NAICS 531190 is $430,000, with the middle 80% of loans between $70,500 and $1,893,000. Across all industries the median is $180,000.

Which lenders are most active in lessors of other real estate property?

By dollars approved: The Bancorp Bank, Banc of California, U.S. Bank, Pinnacle Bank, The Huntington National 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 lessors of other real estate property considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.3% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 531190 · Real Estate

SBA loans for lessors of other real estate property

637 SBA loans worth $491.3M have been approved in this industry since FY2010 - the #289 most-financed NAICS code in the country.

Median loan

$430,000

+139% vs all industries

Typical range

$71K-$1.9M

Middle 80%

Median rate

5.75%

7(a) initial note rate

Median term

20.3 yr

Charge-off rate

5.3%

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
The Bancorp Bank	20	$31.7M
Banc of California	10	$17.0M
U.S. Bank	18	$12.9M
Pinnacle Bank	7	$11.9M
The Huntington National Bank	7	$10.8M
Newtek Small Business Finance, Inc.	11	$10.2M
JPMorgan Chase Bank	12	$9.5M
Wells Fargo Bank	12	$9.2M
TD Bank	11	$9.0M
Old National Bank	5	$8.0M

Geography

Where these loans were made

State	Loans	Share
California	61
Texas	51
New York	45
Minnesota	33
Indiana	33
Ohio	25
Florida	23
Pennsylvania	22

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
6%
$50K - $150K
12%
$150K - $350K
23%
$350K - $1M
35%
$1M - $2M
14%
Over $2M
9%

Nearby

Other real estate industries

See the sector

Offices of Real Estate Agents and Brokers4,900 · $100,000 Lessors of Miniwarehouses and Self-Storage Units3,561 · $839,000 Lessors of Nonresidential Buildings3,432 · $515,000 Residential Property Managers2,560 · $150,000 Other Activities Related to Real Estate2,207 · $200,000 Other Commercial and Industrial Machinery and Equipment Rental and Leasing1,472 · $282,500 Nonresidential Property Managers705 · $221,000 General Rental Centers690 · $270,000

Common questions

How much do SBA lenders typically lend to a lessors of other real estate property business?: The median SBA approval in NAICS 531190 is $430,000, with the middle 80% of loans between $70,500 and $1,893,000. Across all industries the median is $180,000.
Which lenders are most active in lessors of other real estate property?: By dollars approved: The Bancorp Bank, Banc of California, U.S. Bank, Pinnacle Bank, The Huntington National 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 lessors of other real estate property considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.3% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.