Best SBA Lenders for Used Car Dealerships (2026)

Compare the best SBA lenders for Used Car Dealerships in 2026. 268 loans totaling $142M approved. Avg rate 10.36%. Free broker matching.

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Best Used Car Dealerships SBA Lenders of 2026

$142M
Total Funded
268
Loans Approved
$528K
Avg Loan Size
10.36%
Avg Interest Rate
68
Active Lenders

SBA Loans for Used Car Dealerships

The Used Car Dealerships industry received $142M in SBA 7(a) loans across 268 businesses in 2025. With 68 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Used Car Dealerships industry can help you access lenders that specialize in your business type.

๐Ÿ’ก Key Insight: The average SBA loan for Used Car Dealerships businesses is $528K with an average rate of 10.36%. Lenders who specialize in this industry often offer better terms and faster approvals.

Top 10 SBA Lenders for Used Car Dealerships (2025 Data)

These are the banks that funded the most SBA 7(a) loans to Used Car Dealerships businesses based on 2025 FOIA data, ranked by total dollar volume:

RankLenderVolumeLoansAvg Rate
1Northeast Bank$19.9M8110.36%
2Newtek Bank$13.8M2510.36%
3U.S. Bank$7.8M610.36%
4Enterprise Bank & Trust$7.8M410.36%
5Harvest Small Business Finance, LLC$6.1M1010.36%
6Celtic Bank Corporation$5.9M1210.36%
7Brookline Bank$5.1M310.36%
8Colony Bank$4.8M110.36%
9Bank Five Nine$4.7M210.36%
10Midwest Regional Bank$3.9M210.36%

๐Ÿค Why Use an SBA Broker for Used Car Dealerships Loans?

GoSBA Loans has extensive experience financing Used Car Dealerships businesses:

  • Industry expertise โ€” we know which lenders specialize in Used Car Dealerships
  • Access to 68+ lenders โ€” including banks that don’t accept direct applications
  • Better rates โ€” our relationships help secure competitive terms
  • Faster approvals โ€” proper preparation leads to quicker decisions
  • Free service โ€” lenders pay us, you pay nothing extra

๐Ÿ“ž Get Expert Help with Your Used Car Dealerships SBA Loan

Our team specializes in SBA financing for Used Car Dealerships businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Used Car Dealerships business? GoSBA Loans specializes in SBA loans for Used Car Dealerships businesses. Contact our industry specialists today for a free consultation.