Best SBA 7(a) lenders for funeral homes and funeral services
The top SBA 7(a) lenders for funeral homes and funeral services (NAICS 812210) are Live Oak Banking Company, The Huntington National Bank, United Midwest Savings Bank National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 864 loans totaling $892.2M to businesses in this industry. Average loan size: $1.0M. Average rate: 7.55%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
864
Total $
$892.2M
Avg loan
$1.0M
Avg rate
7.55%
Avg term
212 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 179 | $301.1M | $1.7M | 7.11% | 0.00% |
| 2 | The Huntington National Bank | 43 | $11.3M | $264K | 8.46% | 0.00% |
| 3 | United Midwest Savings Bank National Association | 41 | $51.0M | $1.2M | 8.22% | 0.00% |
| 4 | The Bancorp Bank National Association | 28 | $36.1M | $1.3M | 6.54% | 0.00% |
| 5 | TD Bank, National Association | 23 | $13.7M | $596K | 7.93% | 0.00% |
| 6 | Readycap Lending, LLC | 20 | $17.5M | $874K | 8.82% | 0.00% |
| 7 | Manufacturers and Traders Trust Company | 19 | $1.4M | $72K | 9.72% | 0.00% |
| 8 | North Valley Bank | 17 | $40.9M | $2.4M | 6.65% | 0.00% |
| 9 | IncredibleBank | 14 | $21.9M | $1.6M | 5.07% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 14 | $8.6M | $615K | 7.30% | 0.00% |
| 11 | Newtek Bank, National Association | 13 | $7.7M | $596K | 11.15% | 0.00% |
| 12 | Grasshopper Bank National Association | 10 | $15.0M | $1.5M | 6.88% | 0.00% |
| 13 | BayFirst National Bank | 10 | $2.0M | $204K | 9.63% | 0.00% |
| 14 | U.S. Bank, National Association | 9 | $9.9M | $1.1M | 7.79% | — |
| 15 | Old National Bank | 9 | $6.6M | $733K | 8.34% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 812210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.