How much do SBA lenders typically lend to a general rental centers business?

The median SBA approval in NAICS 532310 is $270,000, with the middle 80% of loans between $30,000 and $1,588,000. Across all industries the median is $180,000.

Which lenders are most active in general rental centers?

By dollars approved: The Huntington National Bank, Mortgage Capital Development Corporation, CDC Small Business Finance Corp., U.S. Bank, SBA CLSC Servicing. 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 general rental centers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.7% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 532310 · Real Estate

SBA loans for general rental centers

690 SBA loans worth $411.1M have been approved in this industry since FY2010 - the #270 most-financed NAICS code in the country.

Median loan

$270,000

+50% vs all industries

Typical range

$30K-$1.6M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

3.7%

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
The Huntington National Bank	32	$13.3M
Mortgage Capital Development Corporation	5	$12.7M
CDC Small Business Finance Corp.	7	$11.8M
U.S. Bank	28	$11.8M
SBA CLSC Servicing	9	$11.5M
Beacon Bank and Trust	12	$8.1M
Wells Fargo Bank	23	$7.5M
FinWise Bank	2	$7.4M
Truist Bank	10	$7.3M
Empire State Certified Development Corporation	6	$7.3M

Geography

Where these loans were made

State	Loans	Share
California	80
Pennsylvania	50
Florida	36
Minnesota	36
Michigan	34
Colorado	32
Ohio	28
New York	28

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
14%
$50K - $150K
20%
$150K - $350K
21%
$350K - $1M
28%
$1M - $2M
10%
Over $2M
7%

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 Lessors of Other Real Estate Property637 · $430,000

Common questions

How much do SBA lenders typically lend to a general rental centers business?: The median SBA approval in NAICS 532310 is $270,000, with the middle 80% of loans between $30,000 and $1,588,000. Across all industries the median is $180,000.
Which lenders are most active in general rental centers?: By dollars approved: The Huntington National Bank, Mortgage Capital Development Corporation, CDC Small Business Finance Corp., U.S. Bank, SBA CLSC Servicing. 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 general rental centers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.7% 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.