How much do SBA lenders typically lend to a recreational goods rental business?

The median SBA approval in NAICS 532284 is $110,500, with the middle 80% of loans between $17,500 and $796,000. Across all industries the median is $180,000.

Which lenders are most active in recreational goods rental?

By dollars approved: U.S. Bank, Florida Business Development Corporation, Newtek Bank, Community Banks of Colorado, A Division of NBH Bank, VelocitySBA, LLC. 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 recreational goods rental considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 532284 · Real Estate

SBA loans for recreational goods rental

434 SBA loans worth $133.8M have been approved in this industry since FY2010 - the #362 most-financed NAICS code in the country.

Median loan

$110,500

-39% vs all industries

Typical range

$18K-$796K

Middle 80%

Median rate

8.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

3.0%

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
U.S. Bank	13	$5.9M
Florida Business Development Corporation	3	$5.2M
Newtek Bank	22	$4.3M
Community Banks of Colorado, A Division of NBH Bank	2	$4.2M
VelocitySBA, LLC	4	$4.2M
St. Louis Bank	2	$4.2M
California Statewide Certified Development Corporation	2	$3.8M
Empire State Certified Development Corporation	2	$3.4M
The Huntington National Bank	30	$3.3M
Mountain West Small Business Finance	4	$3.2M

Geography

Where these loans were made

State	Loans	Share
Florida	60
Ohio	30
California	27
Texas	26
Washington	26
Utah	21
Minnesota	21
Michigan	15

Approvals by fiscal year

’13

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
27%
$50K - $150K
29%
$150K - $350K
19%
$350K - $1M
19%
$1M - $2M
4%
Over $2M
3%

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 recreational goods rental business?: The median SBA approval in NAICS 532284 is $110,500, with the middle 80% of loans between $17,500 and $796,000. Across all industries the median is $180,000.
Which lenders are most active in recreational goods rental?: By dollars approved: U.S. Bank, Florida Business Development Corporation, Newtek Bank, Community Banks of Colorado, A Division of NBH Bank, VelocitySBA, LLC. 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 recreational goods rental considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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