Wholesale Trade
SBA Lenders for Wholesale Trade
Top lenders ranked by real SBA lending data for wholesale trade nationwide.
What Borrowers Should Know
Wholesale Trade borrowers are getting better pricing than the national average. The median spread here is P+2.44% versus P+2.75% nationally—that's 31 basis points cheaper. This suggests lenders view wholesale trade as a lower-risk category, likely because inventory-based businesses offer tangible collateral. Shop around among the top 5 lenders (which hold 2,686 of 7,094 deals), but know you're already in a favorable pricing tier.
California dominates this industry with 5,570 deals out of 7,094 total (78.5% concentration). If you're outside CA, AZ, or AL, you're in underserved territory. Fewer deals in your state may mean less competition for loans but also fewer lenders with wholesale trade expertise. This geographic skew suggests you may need to work harder to find a lender experienced in your specific region's wholesale operations.
The average deal size of $287,779 is substantial, meaning most wholesale borrowers are seeking mid-sized loans. If your need falls well below $200K or above $500K, you're an outlier in this industry cohort. Big lenders like Wells Fargo (755 deals) and JPMorgan (740 deals) have systematic processes for this deal size; smaller regional banks may be less equipped. Your loan size relative to the $287K average should inform which lender tier you target.
Total SBA Loans
57,849
Active Lenders
2,154
Avg Deal Size
$665K
Total Volume
$38.5B
Wholesale Trade SBA loans average $665K in deal size across 57,849 total loans. The median 7(a) spread in this segment is P + 2.21%.
Top Lenders for Wholesale Trade
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | Bank | 3,964 | $345K | P + 2.23%GOOD | |
| 2 | Wells Fargo Bank National Association | Bank | 3,245 | $546K | P + 2.72%AVERAGE | |
| 3 | TD Bank, National Association | Bank | 2,458 | $245K | P + 2.39%AVERAGE | |
| 4 | The Huntington National Bank | Bank | 2,059 | $388K | P + 2.05%GOOD | |
| 5 | U.S. Bank, National Association | Bank | 2,033 | $427K | P + 2.17%GOOD | |
| 6 | Bank of America, National Association | Bank | 1,120 | $753K | P + 1.28%COMPETITIVE | |
| 7 | Manufacturers and Traders Trust Company | Bank | 1,086 | $231K | P + 2.28%AVERAGE | |
| 8 | PNC Bank, National Association | Bank | 980 | $256K | P + 2.11%GOOD | |
| 9 | Bank of Hope | Bank | 976 | $671K | P + 1.88%GOOD | |
| 10 | BayFirst National Bank | Bank | 964 | $202K | P + 3.45%ABOVE AVG | |
| 11 | Zions Bank, A Division of | Bank | 815 | $437K | P + 2.10%GOOD | |
| 12 | Northeast Bank | Bank | 723 | $185K | P + 2.89%ABOVE AVG | |
| 13 | KeyBank National Association | Bank | 683 | $578K | P + 2.39%AVERAGE | |
| 14 | Newtek Bank, National Association | Bank | 658 | $635K | P + 3.18%ABOVE AVG | |
| 15 | Celtic Bank Corporation | Bank | 652 | $390K | P + 2.64%AVERAGE |
Top States for Wholesale Trade
Where wholesale trade SBA lending is most active.