Best SBA 7(a) lenders for lessors of miniwarehouses and self-storage units
NAICS 531130 — Lessors of Miniwarehouses and Self-Storage Units.
1,051 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $1.47B.
Loans
1,051
Total $
$1.47B
Avg loan
$1.4M
Avg rate
6.52%
Avg term
264 mo
Industry chg-off rate
0.13%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 408 | $776.9M | $1.9M | 6.57% | 0.00% |
| 2 | Bank Five Nine | 188 | $197.3M | $1.0M | 6.61% | 0.70% |
| 3 | The Huntington National Bank | 18 | $8.0M | $446K | 7.94% | 0.00% |
| 4 | Mountain America FCU | 15 | $17.2M | $1.1M | 5.67% | 0.00% |
| 5 | Harvest Small Business Finance, LLC | 10 | $11.7M | $1.2M | 7.45% | 0.00% |
| 6 | ChoiceOne Bank | 10 | $17.0M | $1.7M | 5.08% | 0.00% |
| 7 | Enterprise Bank & Trust | 10 | $13.1M | $1.3M | 7.42% | 0.00% |
| 8 | BayFirst National Bank | 9 | $9.9M | $1.1M | 5.92% | 0.00% |
| 9 | America First FCU | 9 | $10.9M | $1.2M | 6.06% | 0.00% |
| 10 | SouthState Bank, National Association | 9 | $16.9M | $1.9M | 5.43% | 0.00% |
| 11 | Port 51 Lending LLC | 8 | $10.2M | $1.3M | 9.38% | 0.00% |
| 12 | Glacier Bank | 8 | $9.1M | $1.1M | 6.14% | 0.00% |
| 13 | BMO Bank National Association | 7 | $9.6M | $1.4M | 3.60% | 0.00% |
| 14 | First Commonwealth Bank | 7 | $4.7M | $674K | 6.82% | 0.00% |
| 15 | Byline Bank | 6 | $12.6M | $2.1M | 7.00% | 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 531130. Charge-off rates are calculated on the FY2020–FY2023 cohort only.