Best SBA 7(a) lenders for wholesale trade agents and brokers
The top SBA 7(a) lenders for wholesale trade agents and brokers (NAICS 425120) are Northeast Bank, TD Bank, National Association, Newtek Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 545 loans totaling $279.3M to businesses in this industry. Average loan size: $513K. Average rate: 9.39%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.85%.
Loans
545
Total $
$279.3M
Avg loan
$513K
Avg rate
9.39%
Avg term
126 mo
Industry chg-off rate
3.85%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | 44 | $7.9M | $179K | 11.09% | — |
| 2 | TD Bank, National Association | 37 | $3.7M | $100K | 10.76% | 14.29% |
| 3 | Newtek Bank, National Association | 32 | $16.4M | $513K | 11.50% | 0.00% |
| 4 | BayFirst National Bank | 29 | $9.0M | $310K | 11.65% | 0.00% |
| 5 | JPMorgan Chase Bank, National Association | 27 | $6.6M | $245K | 10.39% | 0.00% |
| 6 | The Huntington National Bank | 26 | $5.5M | $210K | 9.56% | 0.00% |
| 7 | Wells Fargo Bank National Association | 16 | $2.9M | $181K | 10.73% | 0.00% |
| 8 | Readycap Lending, LLC | 15 | $8.4M | $560K | 10.77% | 20.00% |
| 9 | Cadence Bank | 15 | $5.5M | $366K | 9.62% | 0.00% |
| 10 | Celtic Bank Corporation | 12 | $1.6M | $132K | 9.02% | 0.00% |
| 11 | Manufacturers and Traders Trust Company | 12 | $4.7M | $390K | 9.42% | 12.50% |
| 12 | U.S. Bank, National Association | 10 | $3.7M | $372K | 7.32% | 14.29% |
| 13 | Regions Bank | 9 | $13.1M | $1.5M | 8.52% | 0.00% |
| 14 | Newtek Small Business Finance, Inc. | 9 | $4.5M | $495K | 9.28% | 0.00% |
| 15 | Bank of America, National Association | 8 | $2.4M | $299K | 6.20% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 425120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.