SBA Lenders for Other Professional Services

Other Professional Services borrowers are getting better pricing than the national average. The median 7(a) spread here is P+2.35% versus P+2.75% nationally—that's 40 basis points cheaper. This suggests lenders view this sector as lower risk, likely because professional service firms (consulting, engineering, accounting, etc.) tend to have predictable revenue and lower failure rates. If you're in this space, use this data to negotiate aggressively if any lender quotes you P+2.75% or higher.

California dominates this lending market with 3,027 of 3,955 total deals (77%), but that concentration creates both opportunity and risk for you. If you're in CA, you'll find 379 active lenders competing for your business—good for rate shopping. But if you're outside CA (especially in underrepresented states like AL with 196 deals or AK with 53), you may face fewer lender options and potentially less competitive pricing. Geographic diversification of lenders is weak outside the West Coast.