Best SBA 7(a) lenders for home furnishing merchant wholesalers
NAICS 423220 — Home Furnishing Merchant Wholesalers.
243 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $126.0M.
Loans
243
Total $
$126.0M
Avg loan
$519K
Avg rate
8.88%
Avg term
129 mo
Industry chg-off rate
3.08%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 20 | $13.4M | $669K | 11.50% | 0.00% |
| 2 | The Huntington National Bank | 19 | $6.6M | $350K | 7.49% | 0.00% |
| 3 | BayFirst National Bank | 18 | $2.4M | $135K | 12.94% | 0.00% |
| 4 | TD Bank, National Association | 14 | $2.7M | $194K | 10.05% | 0.00% |
| 5 | U.S. Bank, National Association | 12 | $6.7M | $555K | 6.55% | 0.00% |
| 6 | Bank of America, National Association | 10 | $5.7M | $572K | 6.90% | 0.00% |
| 7 | JPMorgan Chase Bank, National Association | 9 | $4.3M | $476K | 10.28% | 0.00% |
| 8 | Wells Fargo Bank National Association | 8 | $1.1M | $142K | 10.48% | 14.29% |
| 9 | Manufacturers and Traders Trust Company | 7 | $433K | $62K | 13.07% | 0.00% |
| 10 | Five Star Bank | 7 | $1.1M | $154K | 7.75% | 0.00% |
| 11 | 1st State Bank | 5 | $1.6M | $330K | 6.60% | 0.00% |
| 12 | Newtek Small Business Finance, Inc. | 5 | $3.7M | $742K | 6.90% | 20.00% |
| 13 | Northeast Bank | 5 | $450K | $90K | 11.15% | — |
| 14 | KeyBank National Association | 4 | $2.7M | $675K | 7.00% | 0.00% |
| 15 | Comerica Bank | 4 | $2.6M | $648K | 5.55% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423220. Charge-off rates are calculated on the FY2020–FY2023 cohort only.