Best SBA 7(a) lenders for nonresidential property managers
The top SBA 7(a) lenders for nonresidential property managers (NAICS 531312) are Newtek Bank, National Association, The Huntington National Bank, JPMorgan Chase Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 214 loans totaling $85.7M to businesses in this industry. Average loan size: $401K. Average rate: 9.24%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.06%.
Loans
214
Total $
$85.7M
Avg loan
$401K
Avg rate
9.24%
Avg term
147 mo
Industry chg-off rate
2.06%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 41 | $18.1M | $442K | 11.46% | 0.00% |
| 2 | The Huntington National Bank | 13 | $2.0M | $152K | 9.40% | 0.00% |
| 3 | JPMorgan Chase Bank, National Association | 11 | $2.0M | $185K | 9.91% | 0.00% |
| 4 | Northeast Bank | 9 | $1.4M | $156K | 10.75% | — |
| 5 | U.S. Bank, National Association | 9 | $536K | $60K | 8.69% | 0.00% |
| 6 | TD Bank, National Association | 9 | $1.6M | $181K | 9.01% | 0.00% |
| 7 | Manufacturers and Traders Trust Company | 8 | $600K | $75K | 9.88% | 0.00% |
| 8 | Celtic Bank Corporation | 6 | $900K | $150K | 10.00% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 4 | $1.8M | $461K | 7.50% | 0.00% |
| 10 | Banco Popular de Puerto Rico | 4 | $1.9M | $487K | 9.69% | — |
| 11 | Readycap Lending, LLC | 4 | $2.3M | $576K | 10.69% | 0.00% |
| 12 | FinWise Bank | 3 | $1.4M | $483K | 9.00% | 0.00% |
| 13 | Live Oak Banking Company | 3 | $2.6M | $878K | 10.75% | 0.00% |
| 14 | Stearns Bank National Association | 3 | $450K | $150K | 10.50% | 0.00% |
| 15 | BayFirst National Bank | 3 | $450K | $150K | 12.08% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 531312. Charge-off rates are calculated on the FY2020–FY2023 cohort only.