Retail Trade
SBA Lenders for Miscellaneous Retail
Top lenders ranked by real SBA lending data for miscellaneous retail nationwide.
What Borrowers Should Know
Miscellaneous retail borrowers are getting 50 basis points better pricing than the national median on SBA 7(a) loans (P+2.25% vs. P+2.75%). This 0.5% advantage could save a $500,000 borrower roughly $2,500 annually. The competitive landscape—370 active lenders fighting for 4,034 deals—is driving this favorable rate environment. Shop around within this sector; the spread suggests multiple lenders are aggressively competing for retail deals.
California dominates this sector with 3,124 deals (77% of the total portfolio), creating a lopsided geographic concentration. If you're outside CA, AZ, or AL, you're in underpenetrated territory—Arizona has only 556 deals despite likely having similar retail density. Borrowers in less-served states may face longer approval timelines or stiffer terms as local lenders have fewer comparable deals to reference.
The average deal size of $727,895 is relatively modest for SBA lending, indicating this sector attracts small independent retailers and specialty shops rather than regional chains. Three mega-lenders (Wells Fargo, U.S. Bank, JPMorgan Chase) control 1,059 of 4,034 deals (26%). Mid-sized and community banks hold the remaining 74%, suggesting better personalized service and faster decisions may be available outside the Big Three if you're willing to work with regional players.
Total SBA Loans
25,588
Active Lenders
1,549
Avg Deal Size
$531K
Total Volume
$13.6B
Miscellaneous Retail SBA loans average $531K in deal size across 25,588 total loans. The median 7(a) spread in this segment is P + 2.21%.
Top Lenders for Miscellaneous Retail
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | Bank | 1,847 | $170K | P + 2.51%AVERAGE | |
| 2 | The Huntington National Bank | Bank | 1,443 | $222K | P + 2.26%AVERAGE | |
| 3 | TD Bank, National Association | Bank | 1,220 | $108K | P + 2.23%GOOD | |
| 4 | JPMorgan Chase Bank, National Association | Bank | 1,182 | $246K | P + 3.01%ABOVE AVG | |
| 5 | U.S. Bank, National Association | Bank | 879 | $311K | P + 1.86%GOOD | |
| 6 | Northeast Bank | Bank | 764 | $141K | P + 2.97%ABOVE AVG | |
| 7 | Readycap Lending, LLC | Non-Bank | 682 | $629K | P + 3.87%HIGH | |
| 8 | Manufacturers and Traders Trust Company | Bank | 620 | $124K | P + 2.50%AVERAGE | |
| 9 | BayFirst National Bank | Bank | 610 | $207K | P + 3.53%HIGH | |
| 10 | Celtic Bank Corporation | Bank | 570 | $950K | P + 2.58%AVERAGE | |
| 11 | Newtek Bank, National Association | Bank | 544 | $374K | P + 3.30%ABOVE AVG | |
| 12 | KeyBank National Association | Bank | 315 | $322K | P + 2.34%AVERAGE | |
| 13 | Bank of America, National Association | Bank | 314 | $618K | P + 0.94%COMPETITIVE | |
| 14 | Lendistry SBLC, LLC | Non-Bank | 269 | $181K | P + 4.33%HIGH | |
| 15 | Byline Bank | Bank | 227 | $1.2M | P + 2.72%AVERAGE |
Top States for Miscellaneous Retail
Where miscellaneous retail SBA lending is most active.