Transportation & Warehousing
SBA Lenders for Transportation & Warehousing
Top lenders ranked by real SBA lending data for transportation & warehousing nationwide.
What Borrowers Should Know
Transportation & Warehousing borrowers are getting better pricing than the national average. The median spread here is P+2.54%, which is 21 basis points lower than the national median of P+2.75%. With an average deal size of $432,684, this 0.21% difference could save you $900+ annually on a typical loan—worth negotiating for if your lender quotes higher.
Three mega-lenders (Wells Fargo, U.S. Bank, and JPMorgan Chase) control 70% of all Transportation & Warehousing SBA lending—that's 2,512 of 6,346 deals. This concentration means fewer alternatives if these banks decline you, but it also signals these lenders have refined processes for your industry. Consider reaching out to regional players like Northeast Bank (181 deals) or community banks as backup options to improve your odds.
California dominates with 4,959 deals (78% of the total), while the remaining 22 states combined represent just 1,387 deals. If you're operating outside California, you face thinner lender networks and potentially slower processing. Borrowers in Arizona, Alabama, Arkansas, or Alaska should expect fewer specialized lenders—plan for longer searches or higher spreads to compensate for less competition in your region.
Total SBA Loans
54,847
Active Lenders
1,893
Avg Deal Size
$334K
Total Volume
$18.3B
Transportation & Warehousing SBA loans average $334K in deal size across 54,847 total loans. The median 7(a) spread in this segment is P + 2.35%.
Top Lenders for Transportation & Warehousing
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | Bank | 12,351 | $87K | P + 2.20%GOOD | |
| 2 | Wells Fargo Bank National Association | Bank | 3,817 | $141K | P + 2.98%ABOVE AVG | |
| 3 | JPMorgan Chase Bank, National Association | Bank | 3,186 | $148K | P + 2.67%AVERAGE | |
| 4 | TD Bank, National Association | Bank | 2,290 | $86K | P + 2.86%ABOVE AVG | |
| 5 | U.S. Bank, National Association | Bank | 1,730 | $212K | P + 1.94%GOOD | |
| 6 | Manufacturers and Traders Trust Company | Bank | 1,254 | $103K | P + 2.47%AVERAGE | |
| 7 | Northeast Bank | Bank | 1,204 | $160K | P + 2.67%AVERAGE | |
| 8 | PNC Bank, National Association | Bank | 1,124 | $113K | P + 2.51%AVERAGE | |
| 9 | KeyBank National Association | Bank | 751 | $247K | P + 2.43%AVERAGE | |
| 10 | BayFirst National Bank | Bank | 644 | $209K | P + 3.08%ABOVE AVG | |
| 11 | Zions Bank, A Division of | Bank | 621 | $280K | P + 2.37%AVERAGE | |
| 12 | Celtic Bank Corporation | Bank | 588 | $570K | P + 2.74%AVERAGE | |
| 13 | Lendistry SBLC, LLC | Non-Bank | 481 | $197K | P + 4.16%HIGH | |
| 14 | Bank of America, National Association | Bank | 458 | $559K | P + 1.00%COMPETITIVE | |
| 15 | Columbia Bank | Bank | 419 | $413K | P + 2.94%ABOVE AVG |
Top States for Transportation & Warehousing
Where transportation & warehousing SBA lending is most active.