BlogRankingIndustryBest Car Washes SBA Lenders of 2026

Best Car Washes SBA Lenders of 2026

February 2, 2026
Industry, Ranking
4 min read

Best Car Washes SBA Lenders of 2026

$235.0M
Total Funded

212
Loans Approved

$1.1M
Avg Loan Size

9.72%
Avg Interest Rate

80
Active Lenders

SBA Loans for Car Washes Businesses

The Car Washes industry received $235.0M in SBA 7(a) loans across 212 businesses in 2025. With 80 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 Car Washes industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Car Washes businesses is $1.1M with an average rate of 9.72%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Car Washes businesses by business stage:

🚀 Startups
41%
$124.6M • 87 loans

🏢 Existing Businesses
40%
$56.4M • 85 loans

🔄 Business Acquisitions
19%
$54.1M • 40 loans

Top 50 SBA Lenders for Car Washes (2025)

These are the banks that funded the most SBA 7(a) loan volume to Car Washes businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 Live Oak Banking Company $32.4M 10 8.97%
2 Metro City Bank $20.3M 6 8.33%
3 Stone Bank $15.0M 5 9.25%
4 Readycap Lending, LLC $12.4M 8 10.66%
5 Paradise Bank $11.7M 7 8.89%
6 Bank of Hope $9.9M 4 8.25%
7 Provident Bank $7.8M 3 8.00%
8 Celtic Bank Corporation $7.0M 7 10.36%
9 Woori America Bank $5.9M 2 8.50%
10 Stearns Bank National Association $5.8M 3 9.42%
11 Citizens Bank $5.0M 1 9.75%
12 American Momentum Bank $5.0M 1 8.25%
13 First Bank of the Lake $5.0M 1 9.50%
14 BMO Bank National Association $4.8M 1 5.33%
15 Peoples Bank $4.8M 3 8.83%
16 Hanmi Bank $4.2M 2 8.50%
17 Shinhan Bank America $4.1M 1 7.55%
18 LendingClub Bank, National Association $3.7M 1 7.18%
19 Wells Fargo Bank National Association $3.5M 10 11.36%
20 Byline Bank $3.4M 4 10.13%
21 U.S. Bank, National Association $3.4M 16 9.71%
22 TD Bank, National Association $3.4M 11 9.87%
23 The Bancorp Bank National Association $3.3M 2 8.13%
24 Peapack Private Bank and Trust $3.3M 2 9.00%
25 The Lyons National Bank $3.1M 1 8.50%
26 Centerstone SBA Lending, Inc. $3.0M 2 9.50%
27 Harvest Small Business Finance, LLC $2.6M 2 10.25%
28 The First Security Bank $2.5M 1 9.75%
29 Magyar Bank $2.3M 1 10.25%
30 Busey Bank $2.2M 1 10.00%
31 Newtek Bank, National Association $1.9M 12 10.94%
32 First Internet Bank of Indiana $1.8M 1 9.50%
33 KeyBank National Association $1.8M 4 9.89%
34 Dogwood State Bank $1.5M 1 10.25%
35 Meridian Bank $1.4M 1 8.75%
36 Univest Bank and Trust Co $1.4M 1 9.50%
37 CalPrivate Bank $1.3M 1 9.50%
38 Unity Bank $1.3M 1 9.75%
39 OakStar Bank $1.2M 4 10.75%
40 Northeast Bank $1.2M 8 10.94%
41 1st Colonial Community Bank $1.1M 2 7.50%
42 Century Bank $961K 1 9.25%
43 JPMorgan Chase Bank, National Association $922K 3 11.13%
44 The Huntington National Bank $870K 8 9.99%
45 Banner Bank $850K 1 9.00%
46 Midwest Regional Bank $823K 3 10.08%
47 SouthState Bank, National Association $760K 1 9.50%
48 First Bank & Trust $753K 1 8.75%
49 Southwestern National Bank $743K 1 8.50%
50 Alerus Financial, National Association $723K 1 7.25%

🚀 Best Lenders for Car Washes Startups

Starting a new car washes business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 Live Oak Banking Company $26.2M 7 8.75%
2 Stone Bank $14.4M 4 9.38%
3 Paradise Bank $10.7M 6 8.88%
4 Bank of Hope $8.9M 3 8.33%
5 Provident Bank $7.8M 3 8.00%
6 Metro City Bank $5.5M 2 8.63%
7 Celtic Bank Corporation $5.0M 1 9.50%
8 Citizens Bank $5.0M 1 9.75%
9 First Bank of the Lake $5.0M 1 9.50%
10 Peoples Bank $4.8M 3 8.83%

🔄 Best Lenders for Car Washes Acquisitions

Looking to buy an existing car washes business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 Metro City Bank $10.8M 3 8.25%
2 Woori America Bank $5.9M 2 8.50%
3 American Momentum Bank $5.0M 1 8.25%
4 Hanmi Bank $4.2M 2 8.50%
5 Readycap Lending, LLC $4.2M 2 9.25%
6 Peapack Private Bank and Trust $3.3M 2 9.00%
7 Harvest Small Business Finance, LLC $2.2M 1 10.00%
8 Byline Bank $1.8M 3 10.25%
9 First Internet Bank of Indiana $1.8M 1 9.50%
10 Celtic Bank Corporation $1.6M 2 9.88%

🏢 Best Lenders for Existing Car Washes Businesses

Already running an established car washes business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Readycap Lending, LLC $6.4M 5 11.45%
2 Live Oak Banking Company $5.5M 2 9.50%
3 BMO Bank National Association $4.8M 1 5.33%
4 Shinhan Bank America $4.1M 1 7.55%
5 Metro City Bank $4.0M 1 8.00%
6 LendingClub Bank, National Association $3.7M 1 7.18%
7 The Bancorp Bank National Association $3.3M 2 8.13%
8 U.S. Bank, National Association $3.3M 14 9.60%
9 Centerstone SBA Lending, Inc. $2.3M 1 8.75%
10 Busey Bank $2.2M 1 10.00%

Top States for Car Washes SBA Loans

Here are the states with the highest SBA lending volume for Car Washes businesses:

Rank State Volume Loans
1 Texas $47.7M 23
2 California $47.3M 32
3 Florida $29.7M 21
4 New Jersey $15.2M 13
5 New York $15.1M 9
6 Georgia $11.0M 5
7 Illinois $6.5M 11
8 Washington $6.4M 3
9 Michigan $6.2M 6
10 Oregon $5.1M 4
11 North Carolina $4.5M 3
12 Massachusetts $4.4M 5
13 Ohio $4.2M 11
14 Colorado $3.6M 10
15 Maryland $3.2M 2
16 Montana $3.0M 1
17 Pennsylvania $2.7M 6
18 Indiana $2.5M 2
19 Virginia $1.9M 4
20 Kansas $1.9M 4
21 Tennessee $1.7M 2
22 Alabama $1.6M 2
23 Missouri $1.5M 7
24 Kentucky $1.1M 5
25 New Mexico $961K 1
26 Iowa $885K 3
27 Nebraska $753K 1
28 Wisconsin $745K 1
29 Arizona $723K 1
30 New Hampshire $600K 1
31 Minnesota $595K 1
32 North Dakota $585K 1
33 Utah $509K 1
34 Connecticut $200K 2
35 Louisiana $150K 1
36 Hawaii $150K 1
37 Mississippi $150K 1
38 Delaware $65K 3
39 South Carolina $10K 1
40 Nevada $8K 1

Top Cities for Car Washes SBA Loans

Arlington, Tx

$8.3M
Volume

4
Loans

Stockton, Ca

$6.6M
Volume

3
Loans

Orlando, Fl

$5.9M
Volume

4
Loans

Olympia, Wa

$5.9M
Volume

2
Loans

Fort Worth, Tx

$5.3M
Volume

2
Loans

Pompano Beach, Fl

$5.0M
Volume

1
Loans

Desoto, Tx

$5.0M
Volume

1
Loans

Roseville, Ca

$5.0M
Volume

1
Loans

Pontiac, Mi

$5.0M
Volume

1
Loans

Auburndale, Fl

$5.0M
Volume

1
Loans

Hobe Sound, Fl

$5.0M
Volume

1
Loans

Cartersville, Ga

$5.0M
Volume

1
Loans

Red Oak, Tx

$5.0M
Volume

1
Loans

Alhambra, Ca

$5.0M
Volume

1
Loans

Whittier, Ca

$4.8M
Volume

1
Loans

El Centro, Ca

$4.5M
Volume

1
Loans

🤝 Why Use an SBA Broker for Car Washes Loans?

GoSBA Loans has extensive experience financing Car Washes businesses:

  • Industry expertise — we know which lenders specialize in Car Washes
  • Access to 80+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Car Washes SBA Loan

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

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

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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