NAICS 532490 · Real Estate
SBA loans for other commercial and industrial machinery and equipment rental and leasing
1,472 SBA loans worth $959.0M have been approved in this industry since FY2010 - the #151 most-financed NAICS code in the country.
Median loan
$282,500
+57% vs all industries
Typical range
$30K-$1.7M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
10 yr
Charge-off rate
4.0%
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 | Share |
|---|---|---|---|
| Wells Fargo Bank | 74 | $42.5M | |
| The Huntington National Bank | 69 | $35.0M | |
| Newtek Small Business Finance, Inc. | 20 | $32.1M | |
| Enterprise Bank & Trust | 29 | $23.0M | |
| Newtek Bank | 21 | $18.7M | |
| Mortgage Capital Development Corporation | 18 | $18.6M | |
| U.S. Bank | 62 | $17.1M | |
| Byline Bank | 7 | $16.4M | |
| United Community Bank | 7 | $15.9M | |
| Third Coast Bank | 7 | $14.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 313 | |
| Texas | 122 | |
| Florida | 70 | |
| New York | 66 | |
| Ohio | 63 | |
| Utah | 53 | |
| Pennsylvania | 47 | |
| Illinois | 46 |
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 $50K14%
- $50K - $150K19%
- $150K - $350K22%
- $350K - $1M24%
- $1M - $2M12%
- Over $2M8%
Nearby
Other real estate industries
Offices of Real Estate Agents and Brokers4,900 · $100,000Lessors of Miniwarehouses and Self-Storage Units3,561 · $839,000Lessors of Nonresidential Buildings3,432 · $515,000Residential Property Managers2,560 · $150,000Other Activities Related to Real Estate2,207 · $200,000Nonresidential Property Managers705 · $221,000General Rental Centers690 · $270,000Lessors of Other Real Estate Property637 · $430,000
Common questions
- How much do SBA lenders typically lend to a other commercial and industrial machinery and equipment rental and leasing business?
- The median SBA approval in NAICS 532490 is $282,500, with the middle 80% of loans between $30,000 and $1,728,000. Across all industries the median is $180,000.
- Which lenders are most active in other commercial and industrial machinery and equipment rental and leasing?
- By dollars approved: Wells Fargo Bank, The Huntington National Bank, Newtek Small Business Finance, Inc., Enterprise Bank & Trust, Newtek 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 and industrial machinery and equipment rental and leasing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.0% 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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