Best SBA 7(a) lenders for cut and sew apparel contractors
NAICS 315210 — Cut and Sew Apparel Contractors.
80 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $37.2M.
Loans
80
Total $
$37.2M
Avg loan
$465K
Avg rate
10.08%
Avg term
127 mo
Industry chg-off rate
6.06%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 11 | $3.1M | $285K | 12.05% | 0.00% |
| 2 | BayFirst National Bank | 5 | $5.6M | $1.1M | 12.50% | — |
| 3 | U.S. Bank, National Association | 5 | $219K | $44K | 7.95% | 33.33% |
| 4 | Live Oak Banking Company | 4 | $3.0M | $760K | 7.67% | 0.00% |
| 5 | Lendistry SBLC, LLC | 4 | $454K | $114K | 12.88% | — |
| 6 | Celtic Bank Corporation | 4 | $470K | $118K | 8.75% | 0.00% |
| 7 | Manufacturers and Traders Trust Company | 4 | $270K | $68K | 13.31% | — |
| 8 | Readycap Lending, LLC | 3 | $274K | $91K | 14.17% | — |
| 9 | Zions Bank, A Division of | 3 | $3.6M | $1.2M | 6.67% | 0.00% |
| 10 | Bank of Hope | 3 | $290K | $97K | 9.17% | 0.00% |
| 11 | Northeast Bank | 3 | $520K | $173K | 11.08% | — |
| 12 | First Internet Bank of Indiana | 3 | $4.9M | $1.6M | 10.83% | — |
| 13 | Wells Fargo Bank National Association | 2 | $25K | $13K | 11.50% | 0.00% |
| 14 | The Huntington National Bank | 2 | $137K | $68K | 9.88% | — |
| 15 | Bridgewater Bank | 2 | $550K | $275K | 4.25% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 315210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.