Best SBA 7(a) lenders for sports teams and clubs
The top SBA 7(a) lenders for sports teams and clubs (NAICS 711211) are Newtek Bank, National Association, Readycap Lending, LLC, The Huntington National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 121 loans totaling $63.0M to businesses in this industry. Average loan size: $520K. Average rate: 9.46%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.85%.
Loans
121
Total $
$63.0M
Avg loan
$520K
Avg rate
9.46%
Avg term
136 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 | Newtek Bank, National Association | 13 | $3.9M | $298K | 11.46% | — |
| 2 | Readycap Lending, LLC | 8 | $1.4M | $179K | 12.25% | 0.00% |
| 3 | The Huntington National Bank | 8 | $493K | $62K | 8.16% | 0.00% |
| 4 | U.S. Bank, National Association | 7 | $4.0M | $567K | 9.29% | 0.00% |
| 5 | Wells Fargo Bank National Association | 5 | $65K | $13K | 11.40% | 50.00% |
| 6 | First State Bank Nebraska | 4 | $4.4M | $1.1M | 7.75% | 0.00% |
| 7 | Cadence Bank | 4 | $940K | $235K | 6.94% | 0.00% |
| 8 | Regions Bank | 3 | $8.0M | $2.7M | 7.41% | 0.00% |
| 9 | Northeast Bank | 3 | $307K | $102K | 10.92% | — |
| 10 | TD Bank, National Association | 3 | $230K | $77K | 12.42% | 0.00% |
| 11 | Celtic Bank Corporation | 2 | $152K | $76K | 11.25% | — |
| 12 | First Bank | 2 | $1.4M | $675K | 4.75% | 0.00% |
| 13 | Bank of America, National Association | 2 | $350K | $175K | 8.89% | — |
| 14 | Manufacturers and Traders Trust Company | 2 | $100K | $50K | 11.38% | 0.00% |
| 15 | KeyBank National Association | 2 | $43K | $22K | 10.91% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 711211. Charge-off rates are calculated on the FY2020–FY2023 cohort only.