Best SBA 7(a) lenders for office machinery and equipment rental and leasing
NAICS 532420 — Office Machinery and Equipment Rental and Leasing.
51 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $46.8M.
Loans
51
Total $
$46.8M
Avg loan
$917K
Avg rate
8.68%
Avg term
141 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 | BayFirst National Bank | 3 | $430K | $143K | 12.83% | 0.00% |
| 2 | U.S. Bank, National Association | 3 | $5.8M | $1.9M | 7.47% | 0.00% |
| 3 | Celtic Bank Corporation | 2 | $300K | $150K | 8.75% | 0.00% |
| 4 | TD Bank, National Association | 2 | $200K | $100K | 11.75% | 0.00% |
| 5 | Pinnacle Bank | 2 | $1.4M | $710K | 9.88% | — |
| 6 | Newtek Bank, National Association | 2 | $2.3M | $1.1M | 11.25% | — |
| 7 | The Huntington National Bank | 2 | $590K | $295K | 5.50% | 0.00% |
| 8 | Manufacturers and Traders Trust Company | 2 | $170K | $85K | 12.00% | — |
| 9 | ACC Capital | 1 | $1.1M | $1.1M | 9.75% | — |
| 10 | Citizens Bank & Trust Co | 1 | $350K | $350K | 4.90% | 0.00% |
| 11 | CenTrust Bank, A Division of SmartBiz Bank National Associat | 1 | $127K | $127K | 12.00% | — |
| 12 | Capital Bank | 1 | $5.0M | $5.0M | 4.75% | 0.00% |
| 13 | Bank of America, National Association | 1 | $1.7M | $1.7M | 6.61% | 0.00% |
| 14 | Atlantic Union Bank | 1 | $2.7M | $2.7M | 7.50% | 0.00% |
| 15 | Avidia Bank | 1 | $100K | $100K | 6.00% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 532420. Charge-off rates are calculated on the FY2020–FY2023 cohort only.