How much do SBA lenders typically lend to a collection agencies business?

The median SBA approval in NAICS 561440 is $215,200, with the middle 80% of loans between $25,000 and $1,605,000. Across all industries the median is $180,000.

Which lenders are most active in collection agencies?

By dollars approved: The Huntington National Bank, KeyBank, Wells Fargo Bank, Wilmington Savings Fund Society, U.S. 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 collection agencies considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.8% 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 561440 · Administrative & Waste

SBA loans for collection agencies

302 SBA loans worth $173.2M have been approved in this industry since FY2010 - the #448 most-financed NAICS code in the country.

Median loan

$215,200

+20% vs all industries

Typical range

$25K-$1.6M

Middle 80%

Median rate

6.03%

7(a) initial note rate

Median term

10 yr

Charge-off rate

9.8%

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	16	$14.1M
KeyBank	10	$8.7M
Wells Fargo Bank	16	$8.6M
Wilmington Savings Fund Society	3	$6.5M
U.S. Bank	12	$6.0M
Banc of California	3	$5.2M
FDIC - Community Bank & Trust-West Georgia	1	$5.0M
Hanover Community Bank	1	$5.0M
OceanFirst Bank	1	$5.0M
T Bank	1	$4.9M

Geography

Where these loans were made

State	Loans	Share
California	31
New York	28
Ohio	22
Florida	17
Texas	16
Utah	15
Illinois	14
Indiana	13

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

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’18

’19

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’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
19%
$50K - $150K
22%
$150K - $350K
19%
$350K - $1M
23%
$1M - $2M
11%
Over $2M
7%

Nearby

Other administrative & waste industries

See the sector

Landscaping Services15,300 · $80,000 Janitorial Services6,400 · $100,000 Other Services to Buildings and Dwellings3,351 · $125,000 Employment Placement Agencies2,188 · $150,000 Solid Waste Collection1,841 · $176,300 Exterminating and Pest Control Services1,777 · $135,000 Remediation Services1,752 · $156,800 Private Mail Centers1,429 · $250,000

Common questions

How much do SBA lenders typically lend to a collection agencies business?: The median SBA approval in NAICS 561440 is $215,200, with the middle 80% of loans between $25,000 and $1,605,000. Across all industries the median is $180,000.
Which lenders are most active in collection agencies?: By dollars approved: The Huntington National Bank, KeyBank, Wells Fargo Bank, Wilmington Savings Fund Society, U.S. 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 collection agencies considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.8% 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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